Pegasystems Inc.(Pega) delivers innovative software that crushes business complexity so its clients can make better decisions and get work done. Pega helps the world's leading brands solve their biggest business challenges: maximizing customer lifetime value, streamlining customer service, and boosting operational efficiency. Pega technology is powered by real-time AI and intelligent automation, while its scalable architecture and low-code platform help enterprises adapt to rapid change and transform for tomorrow.

Company profile
Ticker
PEGA
Exchange
Website
CEO
Alan Trefler
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Antenna Software, LLC • Pegasystems BV • Pegasystems GmbH • Pegasystems Limited • Pegasystems PTY Limited • Pegasystems Software Limited • Pegasystems Worldwide ...
IRS number
42787865
PEGA stock data
News

Pegasystems's Return on Invested Capital Overview
29 Jul 22
This Healthcare Stock Tumbled 43%; Here Are 88 Biggest Movers From Yesterday
29 Jul 22
12 Information Technology Stocks Moving In Thursday's Intraday Session
28 Jul 22
Why Shares of Solar Companies Are Trading Higher? 64 Stocks Moving In Thursday's Mid-Day Session
28 Jul 22
Meta, Charter Communications, Southwest Airlines And Some Other Big Stocks Moving Lower On Thursday
28 Jul 22
Press releases
Pega Named 2022 Partner of the Year by Virtusa
3 Aug 22
Dr. Kikelomo Belizaire Joins Pega as the Company's First Chief Medical Officer
2 Aug 22
Pega Introduces Pega Launchpad to Empower Users to Build and Monetize New B2B SaaS Apps
27 Jul 22
Client Adoption Drives Pega Cloud to 70% of New Client Commitments in First Half of 2022
27 Jul 22
Pega Named a Leader in Core CRM Solutions by Independent Research Firm
27 Jul 22
Analyst ratings and price targets
Current price
Average target
$57.83
Low target
$43.00
High target
$90.00
RBC Capital
Maintains
$90.00
Goldman Sachs
Maintains
$43.00
Macquarie
Downgraded
$54.00
Barclays
Maintains
$50.00
Loop Capital
Maintains
$50.00
Investment data
Securities sold
Number of investors
Calendar
27 Jul 22
9 Aug 22
31 Dec 22
Financial summary
Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 109.28M | 109.28M | 109.28M | 109.28M | 109.28M | 109.28M |
Cash burn (monthly) | 7.83M | 2.55M | 33.37M | 17.89M | 6.73M | (no burn) |
Cash used (since last report) | 10.48M | 3.41M | 44.67M | 23.94M | 9.01M | n/a |
Cash remaining | 98.79M | 105.86M | 64.61M | 85.34M | 100.27M | n/a |
Runway (months of cash) | 12.6 | 41.5 | 1.9 | 4.8 | 14.9 | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
6 Jun 22 | Rifat Kerim Akgonul | Common stock | Payment of exercise | Dispose F | No | No | 52.47 | 98 | 5.14K | 50,471 |
6 Jun 22 | Rifat Kerim Akgonul | Common stock | Option exercise | Acquire M | No | No | 0 | 332 | 0 | 50,569 |
6 Jun 22 | Rifat Kerim Akgonul | Common stock | Payment of exercise | Dispose F | No | No | 52.47 | 101 | 5.3K | 50,237 |
6 Jun 22 | Rifat Kerim Akgonul | Common stock | Option exercise | Acquire M | No | No | 0 | 341 | 0 | 50,338 |
6 Jun 22 | Rifat Kerim Akgonul | RSU Common stock | Option exercise | Dispose M | No | No | 0 | 332 | 0 | 2,322 |
6 Jun 22 | Rifat Kerim Akgonul | RSU Common stock | Option exercise | Dispose M | No | No | 0 | 341 | 0 | 1,023 |
6 Jun 22 | Efstathios A Kouninis | Common stock | Payment of exercise | Dispose F | No | No | 52.47 | 24 | 1.26K | 3,043 |
6 Jun 22 | Efstathios A Kouninis | Common stock | Option exercise | Acquire M | No | No | 0 | 98 | 0 | 3,067 |
6 Jun 22 | Efstathios A Kouninis | Common stock | Payment of exercise | Dispose F | No | No | 52.47 | 32 | 1.68K | 2,969 |
6 Jun 22 | Efstathios A Kouninis | Common stock | Option exercise | Acquire M | No | No | 0 | 128 | 0 | 3,001 |
Institutional ownership, Q1 2022
41.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 249 |
Opened positions | 44 |
Closed positions | 53 |
Increased positions | 87 |
Reduced positions | 82 |
13F shares | Current |
---|---|
Total value | 2.71B |
Total shares | 33.66M |
Total puts | 48.5K |
Total calls | 418.15K |
Total put/call ratio | 0.1 |
Largest owners | Shares | Value |
---|---|---|
Luxor Capital | 4.43M | $357.36M |
Vanguard | 3.74M | $301.79M |
Capital Research Global Investors | 2.14M | $172.8M |
BLK Blackrock | 2.06M | $166.11M |
TPG GP A | 1.97M | $158.77M |
Praesidium Investment Management | 1.61M | $129.71M |
Riverbridge Partners | 1.49M | $120.57M |
Bamco | 1.25M | $100.67M |
Eminence Capital | 879.74K | $70.95M |
Southpoint Capital Advisors | 800K | $64.52M |
Financial report summary
?Competition
International Business Machines • Microsoft • Magic Software Enterprises • Cicero • Sap SE • Open Text • CSG Systems International • Formula Systems • Amdocs • Duck CreekRisks
- We face risks related to intellectual property claims or appropriation of our intellectual property rights.
- Intellectual property rights claims by third parties are extremely costly to defend, could require us to pay significant damages, and could limit our ability to use certain technologies.
Management Discussion
- ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
- This Quarterly Report on Form 10-Q (“Quarterly Report”) contains or incorporates forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
- Words such as expects, anticipates, intends, plans, believes, will, could, should, estimates, may, targets, strategies, projects, forecasts, guidance, likely, and usually, or variations of such words and other similar expressions identify forward-looking statements, which are based on current expectations and assumptions.
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
8th grade Avg
|
New words:
Alan, Alexandria, allegedly, annum, appellate, captioned, carryback, carryforward, case, Circuit, commensurate, complaint, constant, core, County, desirable, District, Division, earliest, Eastern, enacted, false, final, flexibility, Fort, geopolitical, heard, hearing, individual, Individually, inflated, inflation, investigation, judicial, juror, Lauderdale, lawsuit, legislation, meant, misconduct, misleading, motion, Notwithstanding, objectively, opposition, outlook, Police, prevailing, projected, promulgated, quantum, recent, recover, recoverability, relief, rendered, rendering, reply, response, Retirement, secret, shown, Similarly, Situated, sought, stage, strength, substitute, superior, supplementary, System, taxable, temporary, Trefler, turmoil, understand, unsettled, unspecified, unsuccessful, verdict, verifiable, verified, weighing, weight
Removed:
behavior, discrete, larger, omitted, profitability, proportionately, shift, variability
Financial reports
Current reports
8-K
Client Adoption Drives Pega Cloud to 70% of New Client Commitments in First Half of 2022
27 Jul 22
8-K
Submission of Matters to a Vote of Security Holders
24 Jun 22
8-K
Regulation FD Disclosure
2 Jun 22
8-K
Other Events
12 May 22
8-K
Other Events
10 May 22
8-K
Other Events
9 May 22
8-K
Annual contract value grows 21 percent as profitability improves in Q1 2022
27 Apr 22
8-K
Departure of Directors or Certain Officers
7 Mar 22
8-K
Annual contract value exceeds $1 billion in Q4 2021
16 Feb 22
8-K
Departure of Directors or Certain Officers
7 Feb 22
Registration and prospectus
S-8
Registration of securities for employees
16 Jul 20
D
$1M in equity, sold $1M, 1 investor
15 May 19
S-8 POS
Registration of securities for employees (post-effective amendment)
5 Oct 16
S-8
Registration of securities for employees
3 Oct 16
S-8
Registration of securities for employees
12 Sep 11
S-8
Registration of securities for employees
4 May 10
S-8
Registration of securities for employees
25 Apr 10
SC TO-T/A
Third party tender offer statement (amended)
20 Apr 10
SC TO-T/A
Third party tender offer statement (amended)
15 Apr 10
SC TO-T/A
Third party tender offer statement (amended)
5 Apr 10
Proxies
DEFA14A
Additional proxy soliciting materials
29 Apr 22
DEFA14A
Additional proxy soliciting materials
15 Jun 21
DEFA14A
Additional proxy soliciting materials
29 Apr 21
DEFA14A
Additional proxy soliciting materials
4 Jun 20
DEFA14A
Additional proxy soliciting materials
29 Apr 20
DEFA14A
Additional proxy soliciting materials
30 Apr 19
DEF 14A
Definitive proxy
30 Apr 19
Other
CORRESP
Correspondence with SEC
21 Oct 20
UPLOAD
Letter from SEC
21 Oct 20
UPLOAD
Letter from SEC
23 Sep 20
CORRESP
Correspondence with SEC
16 Sep 20
UPLOAD
Letter from SEC
23 Jun 19
CORRESP
Correspondence with SEC
13 Jun 19
UPLOAD
Letter from SEC
6 Jun 19
UPLOAD
Letter from SEC
29 Jul 14
CORRESP
Correspondence with SEC
10 Jul 14
UPLOAD
Letter from SEC
25 Jun 14
Ownership
4
PEGASYSTEMS / Leon Trefler ownership change
7 Jun 22
4
PEGASYSTEMS / ALAN TREFLER ownership change
7 Jun 22
4
PEGASYSTEMS / KENNETH STILLWELL ownership change
7 Jun 22
4
PEGASYSTEMS / EFSTATHIOS A KOUNINIS ownership change
7 Jun 22
4
PEGASYSTEMS / John Gerard Higgins ownership change
7 Jun 22
4
PEGASYSTEMS / Rifat Kerim Akgonul ownership change
7 Jun 22
4
PEGASYSTEMS / Leon Trefler ownership change
3 Jun 22
4
PEGASYSTEMS / ALAN TREFLER ownership change
3 Jun 22
4
PEGASYSTEMS / KENNETH STILLWELL ownership change
3 Jun 22
4
PEGASYSTEMS / EFSTATHIOS A KOUNINIS ownership change
3 Jun 22
Patents
Utility
Web user interface container identification for robotics process automation
15 Feb 22
Modern Web applications can be highly dynamic and have a complicated HTML hierarchy.
Utility
Cloud-independent Node Upgrade
3 Feb 22
Systems, methods, and computer program products are disclosed for upgrading a container node in a cloud environment.
Utility
Event processing with enhanced throughput
6 Jul 21
The present systems and methods allow for rapid processing of large volumes of events.
Utility
Software code optimizer and method
29 Jun 21
The invention provides, in some aspects, methods of optimizing an app for execution on a client device by identifying components of the app used in such execution by a user having a designated role who accesses the app for download via a designated portal.
Utility
System and method for non-programmatically constructing software solutions
30 Mar 21
A visual software development system in which a user can graphically build a design or software solution without having to write software code includes one or more adapters that interrogate interfaces of the software platform that a software system or systems is built in accordance with and generate descriptions that the user can then incorporate into the design.
Transcripts
2022 Q2
Earnings call transcript
28 Jul 22
2022 Q1
Earnings call transcript
29 Apr 22
2021 Q4
Earnings call transcript
17 Feb 22
2021 Q3
Earnings call transcript
28 Oct 21
2021 Q2
Earnings call transcript
29 Jul 21
2021 Q1
Earnings call transcript
29 Apr 21
2020 Q4
Earnings call transcript
18 Feb 21
2020 Q3
Earnings call transcript
28 Oct 20
2020 Q2
Earnings call transcript
29 Jul 20
2020 Q1
Earnings call transcript
30 Apr 20
Reddit threads
Breaking-Uranium Stocks taking off -Long Term Contracting (Big News) $PEGA $CCJ $DNN $UEC
8 Aug 22
Breaking-Uranium Stocks taking off -Long Term Contracting (Big News) $PEGA $CCJ $DNN $UEC
8 Aug 22
Junior Canadian Pegasus Resources (TSX-V: PEGA) Brief Analysis
29 Jul 22
Daily Discussion Thread - July 27th, 2022
27 Jul 22
Daily Discussion Thread - July 26th, 2022
26 Jul 22
Daily Discussion Thread - July 25th, 2022
25 Jul 22
Pegasus Resources owns Properties with Great Potential
19 Jul 22
Pegasus Resources owns Properties with Great Potential
19 Jul 22
Lobo Tiggre: Uranium is My Highest-Confidence Thesis for 2022 $PEGA
7 Jul 22
(7/7) Thursday's Pre-Market Stock Movers & News
7 Jul 22