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as 05-20-2024 10:33am EST
Progress Software Corporation is a provider of cloud-based security solutions to large-and mid-sized organizations in a wide range of industries. Its product includes OpenEdge; Chef; Developer Tools; Kemp LoadMaster; MOVEit; DataDirect; WhatsUp Gold; Sitefinity; Flowmon and Corticon. The company derives revenue from perpetual licenses to its products, but some products also use term licensing models. Its cloud-based offerings use a subscription-based model. A majority of the firm's revenue is generated in the United States and it also has presence in Canada, the Middle East, and Africa (EMEA), Latin America, and Asia Pacific.
| Founded: | 1981 | Country: | United States |
| Employees: | N/A | City: | BURLINGTON |
| Market Cap: | 2.2B | IPO Year: | 1991 |
| Target Price: | $64.60 | AVG Volume (30 days): | 627.2K |
| Analyst Decision: | Buy | Number of Analysts: | 5 |
| Dividend Yield: | 1.36% | Dividend Payout Frequency: | Quarterly |
| EPS: | 1.54 | EPS Growth: | -30.94 |
| 52 Week Low/High: | $49.00 - $62.34 | Next Earning Date: | 06-27-2024 |
| Revenue: | $714,898,000 | Revenue Growth: | 15.06% |
| Revenue Growth (this year): | 6.71% | Revenue Growth (next year): | 4.27% |
Share on Social Networks:
Stock Insider Trading Activity of Progress Software Corporation (DE) (PRGS)
| Name | Ticker | Relationship | Date | Transaction | Cost Per Share | Shares | Total Value | Securities Owned After Transaction(s) | SEC Form 4 |
|---|---|---|---|---|---|---|---|---|---|
| WANG YUFAN STEPHANIE | PRGS | Chief Legal Officer | May 6 '24 | Sell | $50.67 | 779 | $39,471.93 | 0 | SEC Form 4 |
| KRALL DAVID | PRGS | Director | Apr 11 '24 | Sell | $51.00 | 20,000 | $1,020,000.00 | 86,641 | SEC Form 4 |
| Gupta Yogesh K | PRGS | Chief Executive Officer | Apr 1 '24 | Sell | $52.48 | 47,212 | $2,477,728.25 | 148,782 | SEC Form 4 |
| Gupta Yogesh K | PRGS | Chief Executive Officer | Apr 1 '24 | Sell | $53.36 | 3,596 | $191,872.85 | 145,186 | SEC Form 4 |
| Pitt Ian | PRGS | Chief Information Officer | Apr 1 '24 | Sell | $52.14 | 1,283 | $66,895.62 | 3,167 | SEC Form 4 |
| Subramanian Sundar | PRGS | EVP/GM Infrastructure Mgmt | Mar 1 '24 | Sell | $52.58 | 5,799 | $304,911.42 | 15,399 | SEC Form 4 |
| Subramanian Sundar | PRGS | EVP/GM Infrastructure Mgmt | Feb 9 '24 | Sell | $57.38 | 2,475 | $142,015.50 | 21,198 | SEC Form 4 |
| Kane Charles Francis | PRGS | Director | Feb 2 '24 | Sell | $57.37 | 5,000 | $286,850.00 | 62,110 | SEC Form 4 |
| Gupta Yogesh K | PRGS | Chief Executive Officer | Feb 1 '24 | Sell | $56.78 | 32,128 | $1,824,304.95 | 194,604 | SEC Form 4 |
| Gupta Yogesh K | PRGS | Chief Executive Officer | Feb 1 '24 | Sell | $57.60 | 8,046 | $463,427.88 | 186,558 | SEC Form 4 |
| LoCoco Domenic | PRGS | Chief Accounting Officer | Feb 1 '24 | Sell | $57.00 | 4,893 | $278,901.00 | 2,900 | SEC Form 4 |
| LoCoco Domenic | PRGS | Chief Accounting Officer | Feb 1 '24 | Sell | $56.81 | 236 | $13,407.16 | 2,664 | SEC Form 4 |
| FOLGER ANTHONY | PRGS | Chief Financial Officer | Jan 31 '24 | Sell | $57.31 | 7,500 | $429,840.00 | 23,865 | SEC Form 4 |
| FOLGER ANTHONY | PRGS | Chief Financial Officer | Jan 31 '24 | Sell | $57.41 | 7,500 | $430,548.00 | 37,046 | SEC Form 4 |
| Subramanian Sundar | PRGS | EVP/GM Infrastructure Mgmt | Jan 8 '24 | Sell | $52.12 | 750 | $39,090.00 | 13,942 | SEC Form 4 |
| Kulikoski Kathryn | PRGS | Chief People Officer | Dec 14 '23 | Sell | $55.00 | 1,060 | $58,300.00 | 3,351 | SEC Form 4 |
| Kulikoski Kathryn | PRGS | Chief People Officer | Dec 14 '23 | Sell | $55.00 | 1,487 | $81,785.00 | 3,351 | SEC Form 4 |
| Pitt Ian | PRGS | Chief Information Officer | Dec 14 '23 | Sell | $55.00 | 584 | $32,120.00 | 0 | SEC Form 4 |
| Subramanian Sundar | PRGS | EVP/GM Infrastructure Mgmt | Dec 1 '23 | Sell | $53.64 | 2,119 | $113,652.99 | 22,801 | SEC Form 4 |
| Pitt Ian | PRGS | Chief Information Officer | Nov 17 '23 | Sell | $53.51 | 3,222 | $172,394.08 | 584 | SEC Form 4 |
| Kulikoski Kathryn | PRGS | Chief People Officer | Nov 6 '23 | Sell | $52.00 | 1,060 | $55,120.00 | 3,351 | SEC Form 4 |
Latest Progress Software Corporation (DE) News
PRGS Breaking Stock News: Dive into PRGS Ticker-Specific Updates for Smart Investing
GuruFocus.com
3 days ago
Insider Sale: Chief People Officer Kathryn Kulikoski Sells Shares of Progress Software Corp (PRGS)
MT Newswires
4 days ago
Progress Software Corp /ma Insider Sold Shares Worth $331,143, According to a Recent SEC Filing
MT Newswires
4 days ago
Progress Software Insider Sold Shares Worth $1,563,100, According to a Recent SEC Filing
GuruFocus.com
4 days ago
Insider Sale: EVP/GM App & Data Platform John Ainsworth Sells 30,631 Shares of Progress ...
GlobeNewswire
13 days ago
PruTech Expedites and Scales Cloud Migration with Progress, Saving Customers Months of Development Time
GlobeNewswire
18 days ago
Progress Software Corp. No Intention to Make an Offer for MariaDB plc
Argus Research
a month ago
PRGS: Raising target price to $57.00
Simply Wall St.
a month ago