Pegasystems (PEGA) SVP Efstathios Kouninis Sells $24K of Stock

Efstathios Kouninis, the Senior Vice President and Chief Accounting Officer at Pegasystems Inc., recently sold 750 shares of the company. The transaction took place on June 16, 2026, with shares sold at an average price of $32.31, bringing the total value to approximately $24,233. This sale was not part of a pre-arranged trading plan.

Insider Buying and Selling at Pegasystems Inc.

Kouninis wasn't the only insider active in June. On June 7, he also sold 332 shares, while Kenneth Stillwell, COO and CFO, sold 5,222 shares on the same day. Rifat Kerim Akgonul, Chief Product Officer, took a different approach by purchasing 2,278 shares on June 7.

Other Institutional Activity in Pegasystems

Institutional investors have also been busy with Pegasystems. BlackRock, Inc. increased its holdings by 659,034 shares, now owning over 9.6 million shares valued at about $410.2 million. Vanguard Portfolio Management LLC added 6.36 million shares, reaching a total of 6.36 million shares worth approximately $270.8 million. AQR Capital Management LLC made a significant move, boosting its stake by 1,739,059 shares to hold nearly 4.54 million shares valued at $190.9 million.

Pegasystems Inc. Stock Down 13.8%

Shares of NasdaqGS:PEGA are trading around $30.23. Pegasystems has a market capitalization of $5.05 billion and a P/E ratio of 16.34. The stock's 52-week range is between $30.11 and $68.10, with a 50-day moving average of $36.18 and a 200-day moving average of $48.87. The company maintains a current ratio of 1.22 and a quick ratio of 1.14, with a debt-to-equity ratio of 10.22.

Recent Earnings

In its recent earnings report, Pegasystems posted revenue of $1.7 billion, reflecting a decline of 9.6% from the previous period. The company achieved a net margin of 20.04% and a return on equity of 51.74%. Pegasystems' earnings per share stood at $1.85. The next earnings announcement is expected on July 21, 2026.

Dividend

Pegasystems pays an annual dividend rate of $0.12, yielding 0.37%. The dividend payout ratio is a modest 8.11%.

Analysts Set New Price Targets

Analysts are optimistic about Pegasystems' prospects. On June 10, 2026, DA Davidson maintained a 'buy' rating with a price target of $55, while Citizens reiterated their 'buy' stance with a $58 target. Rosenblatt also kept its 'buy' rating, setting the price target at $58. The consensus among analysts is a strong buy, with an average target price of $58.18 based on 11 opinions.

About Pegasystems

Pegasystems Inc. is a technology company based in Waltham, Massachusetts. It develops and markets enterprise software designed to improve customer engagement and automate business processes. Its flagship product, Pega Infinity, includes solutions like Pega Customer Decision Hub and Pega Customer Service. The company serves various industries, including financial services, healthcare, and government, through direct sales and partnerships.

Bottom Line

Efstathios Kouninis's recent sale of Pegasystems shares is a notable insider transaction, though such sales aren't uncommon. Investors keep an eye on such activities for insights into company sentiment. Pegasystems remains a significant player in the enterprise software sector, with analysts maintaining a positive outlook. Remember, 13F filings and insider transactions are backward-looking and might not reflect the current position.