The VP of Finance & CAO of Pegasystems Inc (PEGA) is Buying Shares


Today, the VP of Finance & CAO of Pegasystems Inc (PEGA), Efstathios Kouninis, bought shares of PEGA for $32.62K.

Following this transaction Efstathios Kouninis’ holding in the company was increased by 342.97% to a total of $45.36K. This is Kouninis’ first Buy trade following 11 Sell transactions.

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Based on Pegasystems Inc’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $256 million and quarterly net profit of $16.41 million. In comparison, last year the company earned revenue of $240 million and had a GAAP net loss of $3.68 million. PEGA’s market cap is $5.21B and the company has a P/E ratio of 541.39. Currently, Pegasystems Inc has an average volume of 466.4K.

Starting in April 2018, PEGA received 5 Buy ratings in a row.

In the last 30 days, insiders have sold $149.8K worth of PEGA shares and purchased $32.62K worth of PEGA shares. The insider sentiment on Pegasystems Inc has been negative according to 134 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.

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