Why Michael Pyle Sold 8,000 Stock of Pegasystems Inc. (PEGA)?; Eulav Asset Management Has Upped Polyone (POL) Position By $442,900

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Eulav Asset Management increased Polyone Corp (POL) stake by 51.24% reported in 2017Q4 SEC filing. Eulav Asset Management acquired 10,300 shares as Polyone Corp (POL)’s stock declined 3.82%. The Eulav Asset Management holds 30,400 shares with $1.32 million value, up from 20,100 last quarter. Polyone Corp now has $3.35B valuation. The stock increased 0.02% or $0.01 during the last trading session, reaching $41.93. About 187,814 shares traded. PolyOne Corporation (NYSE:POL) has risen 25.46% since April 10, 2017 and is uptrending. It has outperformed by 13.91% the S&P500.

Analysts await Pegasystems Inc. (NASDAQ:PEGA) to report earnings on May, 9. They expect $0.17 EPS, down 50.00% or $0.17 from last year’s $0.34 per share. PEGA’s profit will be $13.28M for 89.85 P/E if the $0.17 EPS becomes a reality. After $0.11 actual EPS reported by Pegasystems Inc. for the previous quarter, Wall Street now forecasts 54.55% EPS growth.

Among 6 analysts covering Pegasystems (NASDAQ:PEGA), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Pegasystems has $73.0 highest and $26 lowest target. $59.20’s average target is -3.11% below currents $61.1 stock price. Pegasystems had 19 analyst reports since September 11, 2015 according to SRatingsIntel. The rating was maintained by Wedbush on Thursday, November 3 with “Outperform”. Wedbush maintained the shares of PEGA in report on Friday, February 24 with “Outperform” rating. The firm has “Buy” rating given on Tuesday, March 7 by Benchmark. The firm has “Neutral” rating by Sidoti given on Monday, November 14. As per Thursday, August 10, the company rating was maintained by Mitsubishi UFJ. The rating was maintained by MUFG Securities Americas Inc with “Buy” on Tuesday, February 27. On Wednesday, October 28 the stock rating was maintained by Benchmark with “Hold”. The company was maintained on Thursday, November 9 by Wedbush. Wedbush maintained Pegasystems Inc. (NASDAQ:PEGA) on Tuesday, June 6 with “Buy” rating. Benchmark maintained Pegasystems Inc. (NASDAQ:PEGA) on Friday, February 26 with “Hold” rating.

Investors sentiment increased to 1.37 in 2017 Q4. Its up 0.30, from 1.07 in 2017Q3. It increased, as 19 investors sold Pegasystems Inc. shares while 44 reduced holdings. 37 funds opened positions while 49 raised stakes. 32.76 million shares or 2.01% less from 33.44 million shares in 2017Q3 were reported. Ftb Advsr owns 0% invested in Pegasystems Inc. (NASDAQ:PEGA) for 320 shares. Intll reported 24,694 shares stake. Ahl Llp holds 0.02% of its portfolio in Pegasystems Inc. (NASDAQ:PEGA) for 24,734 shares. First Interstate Comml Bank invested in 355 shares or 0% of the stock. Vantage Advisors Ltd Liability Co holds 100 shares. First Advsr L P holds 0% or 38,878 shares. Ameritas Invest Prtn Inc holds 3,115 shares or 0.01% of its portfolio. Oppenheimer Asset Incorporated stated it has 0.01% in Pegasystems Inc. (NASDAQ:PEGA). Morgan Stanley reported 799,851 shares. Manufacturers Life The owns 29,001 shares or 0% of their US portfolio. The Delaware-based Tiverton Asset Mgmt Ltd Limited Liability Company has invested 0.57% in Pegasystems Inc. (NASDAQ:PEGA). Mufg Americas Holdg invested in 390 shares or 0% of the stock. Dimensional Fund Lp stated it has 0.03% in Pegasystems Inc. (NASDAQ:PEGA). Grp One Trading Ltd Partnership accumulated 103 shares. Bankshares Of Ny Mellon Corporation accumulated 0% or 237,577 shares.

Since December 7, 2017, it had 0 insider purchases, and 13 insider sales for $3.49 million activity. STILLWELL KENNETH had sold 3,634 shares worth $205,196. 4,000 shares valued at $190,440 were sold by PYLE MICHAEL R on Friday, January 5. The insider KOUNINIS EFSTATHIOS A sold 728 shares worth $36,203. KAPLAN STEVEN F sold $534,931 worth of Pegasystems Inc. (NASDAQ:PEGA) on Wednesday, March 7.

Michael Pyle, an insider of Pegasystems Inc, currently Senior VP – Engineering recently disclosed a sale with the Security Exchange Commission. As published in the electronic form, Michael Pyle unloaded 8,000 shares of the Massachusetts-based Pegasystems Inc, priced at $60.2 per share. $481,600 USD was the sale’s value. The SEC filing’s date was April 9, 2018. Today, Michael Pyle holds a total of 11,098 shares or 0.01% of the Company’s total market cap (Market Capitalization is a measurement of business value based on share price and number of shares outstanding).

Pegasystems, Inc. develops, markets, licenses, and software applications for marketing, sales, service, and activities in the United States and internationally. The company has market cap of $4.77 billion. It provides Pega Platform, a platform that enables clients to build enterprise applications. It has a 152.75 P/E ratio. The firm also offers customer relationship management applications, including Pega Marketing that enable enterprises to enhance customer experiences across inbound and outbound channels; Pega sales automation applications to automate and manage the sales process from prospecting to product fulfillment; Pega customer service applications to contact center desktop, case management for customer service, mobile field service, digital, self-service, and industry specific processes and data models; and activities applications to support exceptions and investigations, order fulfillment, claims processing, insurance underwriting, and product development, as well as risk, fraud, and compliance management.

The stock decreased 0.08% or $0.05 during the last trading session, reaching $61.1. About 167,029 shares traded. Pegasystems Inc. (NASDAQ:PEGA) has risen 44.15% since April 10, 2017 and is uptrending. It has outperformed by 32.60% the S&P500.

Investors sentiment increased to 1.24 in 2017 Q4. Its up 0.25, from 0.99 in 2017Q3. It is positive, as 10 investors sold POL shares while 86 reduced holdings. 47 funds opened positions while 72 raised stakes. 72.13 million shares or 0.72% less from 72.65 million shares in 2017Q3 were reported. Tower Ltd Llc (Trc) reported 1,201 shares or 0.01% of all its holdings. Stanley reported 122,567 shares stake. Jefferies Grp Inc Ltd Co owns 8,417 shares or 0% of their US portfolio. Nomura Holdg Inc accumulated 13,404 shares. Manufacturers Life Co The reported 191,838 shares. 25,160 are owned by Proshare Ltd Liability Corporation. Parkside Fin Natl Bank reported 284 shares. Suffolk Management Ltd owns 18,767 shares or 0.11% of their US portfolio. American Century Companies stated it has 0.02% of its portfolio in PolyOne Corporation (NYSE:POL). Lazard Asset Mgmt Limited Liability Com stated it has 0.03% in PolyOne Corporation (NYSE:POL). Renaissance Techs Lc accumulated 555,458 shares. Huntington Bancorporation owns 27 shares. Liberty Mutual Asset Management Incorporated has invested 0.03% in PolyOne Corporation (NYSE:POL). 405,078 were accumulated by Bancorp Of America De. First Republic Invest Mngmt Inc has invested 0.01% in PolyOne Corporation (NYSE:POL).

PolyOne Corporation (NYSE:POL) Institutional Positions Chart