In particular, Pegasystems' cloud-based business tools delivered 85% year-over-year growth on an adjusted basis, and the emerging platform now accounts for 4.4% of the company's overall sales. That's up from 2.7% in the year-ago quarter. But wait ...
Enterprise-software company Pegasystems (NASDAQ:PEGA) posted earnings results on Thursday. For the second time in a row, Wall Street wasn't happy with the quarterly announcement: The stock fell by more than 10% in after-hours trading.
As much as 2 analysts have advised buy on Pegasystems Inc. (NASDAQ:PEGA) with an average broker rating of 2. Research Analysts at Zacks has the shares a rating of 3, which implies that the firms recommendation is Neutral on the company.
The insider, and Pegasystems Inc. (NASDAQ:PEGA) 23.55 -0.31 -1.30% 's Senior VP - Pega Consulting, Douglas Kra, sold 912 company shares on 02-07-2015, valued by the market at about $21,012 (at $23.0 for share).
Pegasystems founder and CEO Alan Trefler also insisted the company's results so far in 2014 are "very solid and reflect the increasing benefits Pega clients are achieving through the use of our technology.
Pegasystems logo Pegasystems (NASDAQ:PEGA) declared a quarterly dividend on Friday, June 5th, Market Beat reports. Investors of record on Wednesday, July 1st will be given a dividend of 0.03 per share on Wednesday, July 15th.
Douglas Kra - a famous insider in Pegasystems Inc. (NASDAQ:PEGA) 23.55 -0.31 -1.30% who's at present the Senior VP - Pega Consulting - unloaded 2,705 shares of Pegasystems Inc, that are worth around close to USD 58,726 which is calculated with ...