PEGA Earnings Due Tuesday After CFO's $1.4M Sale
Pegasystems is scheduled to release quarterly earnings on Tuesday — its first report since two consecutive EPS misses — as shares crossed above the 200-day moving average. The technical recovery sits
PEGA Earnings Due Tuesday After CFO's $1.4M Sale
NEW YORK, October 13 —
The executive with the clearest view of Pegasystems Inc.'s (PEGA) revenue pipeline sold $1.42M of shares last month at prices above where the stock trades today, weeks before Tuesday's earnings report determines whether two consecutive EPS misses represent a trend or a trough. Shares crossed back above their 200-day moving average this week.
- COO/CFO Stillwell sold 39,627 shares at $35.77 on Sept. 11, above today's $34.91, for $1.42M in proceeds.
- Two consecutive EPS misses: $0.35 vs. $0.43 estimate most recently; $0.46 vs. $0.69 the quarter before.
- $507M trailing free cash flow, $70M total debt, $360M cash; analyst consensus target $42, approximately 20% above current price.
The September Sales Cluster
Kenneth Stillwell, who is both COO and CFO of Pegasystems, sold 39,627 shares at $35.77 on September 11, 2026, per filings, the largest single insider transaction in the 90-day period. Chief Product Officer Rifat Kerim Akgonul sold 7,000 shares the same day at $36.03. Director Dianne Ledingham sold at $38.00 in mid-September, then at $34.15 on October 1. Each of those September prices now exceeds the current $34.91, meaning the executives who sold have, so far, timed their trades above the prevailing market. Short interest at 11.5% of the float signals that hedged skepticism remains.
Cash Flow Versus the Earnings Miss
Pegasystems builds Pega Infinity, an enterprise AI software suite serving financial services, healthcare, and government clients, automating workflows and managing customer decisions in real time. The company generated $507M in free cash flow over the trailing twelve months against just $70M in debt and $360M in cash. At 13.4x forward earnings with a 75.6% gross margin, investors can stress-test the valuation against Pega's free cash flow using a DCF calculator. The July release of Pega Infinity 26 and October's Launchpad.io AI Assistant announcement represent back-to-back product milestones ahead of Tuesday's report.
| Ticker | Mkt cap | Fwd P/E | 52-wk |
|---|---|---|---|
| PEGA | $5.7B | 13.4x | -37.5% |
| CGNX | $10.4B | 30.5x | +36.7% |
| PRGS | $1.6B | 5.4x | -15.8% |
| GWRE | $13.5B | 30.8x | -31.4% |
| WEX | $5.9B | 8.1x | +13.4% |
| VRNS | $5.3B | 113.6x | -24.2% |
What Tuesday Settles
The miss pattern is recent, not chronic: two quarters ago, Pegasystems beat EPS estimates, posting $0.76 vs. a $0.73 estimate, then $0.30 vs. $0.20. The number to watch is whether the miss gap narrows; a third consecutive shortfall would make the 33.2% and 18.4% misses look structural rather than cyclical. CEO Alan Trefler's September transfer of approximately 10.8 million shares was classified as gifts rather than open-market sales, a legally distinct signal from Stillwell's cash-out. Run the free Pegasystems Inc. deep-dive → before Tuesday's open.
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Pegasystems is scheduled to release quarterly earnings on Tuesday — its first report since two consecutive EPS misses — as shares crossed above the 200-day moving average. The technical recovery sits uneasily alongside the COO/CFO's $1.42M open-market sale last month at prices above where the stock trades today.