Today, a Director at Pegasystems Inc (NASDAQ: PEGA), Richard H. Jones, sold shares of PEGA for $122.8K.
Following Richard H. Jones’ last PEGA Sell transaction on September 25, 2017, the stock climbed by 5.1%.
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Based on Pegasystems Inc’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $235 million and quarterly net profit of $12.2 million. In comparison, last year the company earned revenue of $223 million and had a net profit of $27.02 million. PEGA’s market cap is $4.92B and the company has a P/E ratio of 285.55. Currently, Pegasystems Inc has an average volume of 266.2K.
The insider sentiment on Pegasystems Inc has been negative according to 136 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Pegasystems, Inc. engages in the development, market, license, and support of software, which allows organizations to build, deploy, and change enterprise applications. The company was founded by Alan Trefler in 1983 and is headquartered in Cambridge, MA.
