RBC Capital Reaffirms Their Buy Rating on Pegasystems (PEGA)
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Jaluria covers the Technology sector, focusing on stocks such as Salesforce, Microsoft, and Pegasystems. According to TipRanks, Jaluria has an average return of -9.4% and a 46.15% success rate on recommended stocks.
In addition to RBC Capital, Pegasystems also received a Buy from Rosenblatt Securities's Blair Abernethy in a report issued on June 23. However, on June 20, D.A. Davidson maintained a Hold rating on Pegasystems (NASDAQ: PEGA).
PEGA market cap is currently $4.25B and has a P/E ratio of 48.24.
Based on the recent corporate insider activity of 150 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PEGA in relation to earlier this year. Earlier this month, John Gerard Higgins, the Chief, Client &Partner Success of PEGA sold 11,830.00 shares for a total of $1,209,380.90.
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