Progress Software Corporation

Progress Software Corporation

PRGSยทNASDAQ

$31.96

-6.1%
TechnologySoftware - Application

Progress Software Corporation develops, deploys, and manages business applications. The company offers OpenEdge, a development software, which builds multi-language applications for secure deployment across various platforms and devices, as well as cloud; developer tools that consists of components for user interface development for Web, mobile, desktop, chat, and AR/VR apps, as well as automated application testing and reporting tools; Sitefinity, a web content management and customer analytics platform; Corticon, a business rules management system that provides applications with decision automation and change process, and decision-related insight capabilities. It also offers DataDirect Connect, which provides data connectivity using industry-standard interfaces to connect applications running on various platforms; MOVEit that offers secure collaboration and automated file transfers of critical business information; Chef, an infrastructure automation platform to build, deploy, manage, and secure applications in multi-cloud and hybrid environments, and on-premises; and WhatsUp Gold, a network monitoring solution. In addition, the company provides Kemp LoadMaster, a load balancing solutions; and Kemp Flowmon network performance monitoring and diagnostic solutions that collect and analyze network telemetry from various sources. Further, it provides project management, implementation, custom development, programming, and other services, as well as web-enable applications; and training services. The company sells its products to end users, independent software vendors, original equipment manufacturers, and system integrators. It has operations in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.

At a Glance

Live Snapshot
Market Cap$1.34B
EPS1.7000
P/E Ratio18.80
Earnings Date06/29/2026
8.29%
Return on Invested Capital
92%
3Y-14.0%
5Y-24.0%
10Y-200.0%
15.29%
Return on Equity
-2%
3Y-36.0%
5Y-34.0%
10Y-212.0%
2.98%
Return on Assets
10%
3Y-56.0%
5Y-61.0%
10Y-140.0%
Progress Software Corporation

Progress Software Corporation Management Team

PRGS ยท NASDAQ
MY

Mr. Yogesh K. Gupta

Chief Executive Officer, President & Director

Compensation

$1,678,967

Born 1961(Age 65)
male
MA

Mr. Anthony Folger CPA

Executive Vice President & Chief Financial Officer

Compensation

$928,184

Born 1972(Age 54)
male
MI

Mr. Ian Pitt

Executive Vice President & Chief Information Officer

Born 1968(Age 58)
male
ML

Ms. Loren Weinberg Jarrett

Executive Vice President & GM of Digital Experience

Compensation

$809,882

Born 1975(Age 51)
female
MS

Mr. Sundar Subramanian

Executive Vice President & GM of Infrastructure Management

Compensation

$807,578

Born 1980(Age 46)
male
MJ

Mr. John Ainsworth

Executive Vice President and GM of Application & Data Platform

Compensation

$815,739

Born 1965(Age 61)
male
MJ

Mr. Jeremy Segal

Executive Vice President of Corporate Development

Compensation

$561,245

Born 1972(Age 54)
male
MJ

Ms. Jennifer Ortiz

Executive Vice President of Marketing

Born 1977(Age 49)
female
MY

Ms. YuFan Wang

Executive Vice President, Chief Legal Officer, Chief Compliance Officer & Corporate Secretary

Born 1984(Age 42)
female
MM

Mr. Michael Micciche

Senior Vice President of Investor Relations

male
prgs

Progress Software Corporation Insider Positioning

PRGS ยท NASDAQ

During the last 12 months, insiders have sold $1.02M worth of PRGS shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

20.5K

734.03K

Net Activity

-734K

-$734K

3-6 Months

Bought

0

0.00

Sold

6.5K

264.02K

Net Activity

-264K

-$264K

6-9 Months

Bought

0

0.00

Sold

409

18.89K

Net Activity

-19K

-$19K

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

1
SS

Subramanian Sundar

Officer: Evp/Gm Infrastructure Mgmt

17.8K sharesโ€ข2 transactions

$673K

2
FA

Folger Anthony

Officer: Chief Financial Officer

9.3K sharesโ€ข2 transactions

$325K

3
PI

Pitt Ian

Officer: Chief Information Officer

409 sharesโ€ข1 transactions

$19K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $1.02M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$734K

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

High Selling

3 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.

SEC Filings

PRGS - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
DEF 14A

DEF 14A 2026

N/A

March 25, 2026
May 07, 2026
2026
DEF 14A

DEF 14A 2025

N/A

March 26, 2025
May 08, 2025
2025
DEF 14A

DEF 14A 2024

N/A

March 27, 2024
May 09, 2024
2024
DEF 14A

DEF 14A 2023

N/A

March 29, 2023
May 11, 2023
2023
DEF 14A

DEF 14A 2022

N/A

April 13, 2022
May 12, 2022
2022
DEF 14A

DEF 14A 2021

N/A

April 14, 2021
April 14, 2021
2021
DEF 14A

DEF 14A 2019

N/A

March 27, 2020
November 30, 2019
2019
DEF 14A

DEF 14A 2018

N/A

March 29, 2019
November 30, 2018
2018
DEF 14A

DEF 14A 2017

N/A

April 17, 2018
November 30, 2017
2017
DEF 14A

DEF 14A 2016

N/A

May 12, 2017
November 30, 2016
2016
Showing 1 to 10 of 30 filings