Pegasystems Inc. ($PEGA) reported second-quarter 2026 revenue of $420.7 million, up 9.4% from a year earlier, but slightly below Wall Street expectations. Gross profit rose 13.7% to $312.7 million, showing continued strength in the company’s core business.
Profitability was softer. Operating profit came in at $16.6 million, while net income attributable to common shareholders fell to $13.3 million. Diluted earnings per share were $0.08, well below the prior year’s pace.
Cash generation remained solid, with cash from operating activities of $86.0 million. The company ended the period with $185.1 million in cash and cash equivalents, while total liabilities rose to $823.7 million.
Investors reacted negatively to the release, with the stock falling 7.8% after the market close.
- Revenue: $420.7 million
- Gross profit: $312.7 million
- Net income: $13.3 million
- Diluted EPS: $0.08
- Cash from operations: $86.0 million
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Pegasystems Inc. Insider Trading Activity
Pegasystems Inc. insiders have traded $PEGA stock on the open market 21 times in the past 6 months. Of those trades, 0 have been purchases and 21 have been sales.
Here’s a breakdown of recent trading of $PEGA stock by insiders over the last 6 months:
- ALAN TREFLER (C.E.O. & Chairman) has made 0 purchases and 9 sales selling 119,672 shares for an estimated $5,773,453.
- KENNETH STILLWELL (COO, CFO) has made 0 purchases and 3 sales selling 53,383 shares for an estimated $2,320,890.
- RIFAT KERIM AKGONUL (Chief Product Officer) has made 0 purchases and 3 sales selling 19,633 shares for an estimated $806,084.
- LEON TREFLER (Chief of Clients and Markets) sold 6,700 shares for an estimated $299,858
- EFSTATHIOS A KOUNINIS (SVP, Chief Accounting Officer) has made 0 purchases and 5 sales selling 3,250 shares for an estimated $120,920.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Pegasystems Inc. Hedge Fund Activity
We have seen 264 institutional investors add shares of Pegasystems Inc. stock to their portfolio, and 199 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/ removed 2,551,094 shares (-51.8%) from their portfolio in Q1 2026, for an estimated $108,574,560
- NORTH PEAK CAPITAL MANAGEMENT, LLC removed 2,400,065 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $102,146,766
- MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. removed 1,824,504 shares (-76.2%) from their portfolio in Q1 2026, for an estimated $77,650,890
- CAPITAL RESEARCH GLOBAL INVESTORS removed 1,796,189 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $76,445,803
- AQR CAPITAL MANAGEMENT LLC added 1,739,059 shares (+62.1%) to their portfolio in Q1 2026, for an estimated $74,014,351
- BOSTON PARTNERS added 1,270,660 shares (+683.1%) to their portfolio in Q1 2026, for an estimated $54,079,289
- COPELAND CAPITAL MANAGEMENT, LLC added 1,123,518 shares (+inf%) to their portfolio in Q1 2026, for an estimated $47,816,926
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Pegasystems Inc. Government Contracts
We have seen $3,243,000 of award payments to $PEGA over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.
Pegasystems Inc. Price Targets
Multiple analysts have issued price targets for $PEGA recently. We have seen 7 analysts offer price targets for $PEGA in the last 6 months, with a median target of $58.0.
Here are some recent targets:
- Patrick Walravens from Citizens set a target price of $58.0 on 06/10/2026
- Blair Abernethy from Rosenblatt set a target price of $58.0 on 06/10/2026
- Lucky Schreiner from DA Davidson set a target price of $55.0 on 06/10/2026
- Dan Ives from Wedbush set a target price of $60.0 on 04/23/2026
- Rishi Jaluria from RBC Capital set a target price of $60.0 on 04/23/2026
- Steven Enders from Citigroup set a target price of $71.0 on 04/23/2026
- Raimo Lenschow from Barclays set a target price of $48.0 on 02/12/2026
