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Insider Sale: Chief Information Officer of $PRGS Sells 2,186 Shares

Automated

Ian Pitt, the Chief Information Officer of $PRGS, sold 2,186 shares of the company on 06-30-2025 for an estimated $142,549. We received data on the trade from a recent SEC filing. This was a sale of approximately 25.1% of their shares of this class of stock. Following this trade, they now own 6,513 shares of this class of $PRGS stock.

$PRGS Insider Trading Activity

$PRGS insiders have traded $PRGS stock on the open market 15 times in the past 6 months. Of those trades, 0 have been purchases and 15 have been sales.

Here’s a breakdown of recent trading of $PRGS stock by insiders over the last 6 months:

  • LOREN JARRETT (EVP/GM Digital Experience) has made 0 purchases and 5 sales selling 44,167 shares for an estimated $2,643,297.
  • ANTHONY FOLGER (Chief Financial Officer) has made 0 purchases and 3 sales selling 15,000 shares for an estimated $844,555.
  • DOMENIC LOCOCO (Chief Accounting Officer) has made 0 purchases and 2 sales selling 8,185 shares for an estimated $466,647.
  • IAN PITT (Chief Information Officer) has made 0 purchases and 3 sales selling 4,371 shares for an estimated $266,002.
  • YUFAN STEPHANIE WANG (Chief Legal Officer) sold 1,428 shares for an estimated $83,209
  • SUNDAR SUBRAMANIAN (EVP/GM Infrastructure Mgmt) sold 501 shares for an estimated $30,210

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$PRGS Hedge Fund Activity

We have seen 150 institutional investors add shares of $PRGS stock to their portfolio, and 163 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$PRGS Analyst Ratings

Wall Street analysts have issued reports on $PRGS in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

  • Wedbush issued a "Outperform" rating on 06/27/2025
  • Guggenheim issued a "Buy" rating on 06/27/2025

To track analyst ratings and price targets for $PRGS, check out Quiver Quantitative's $PRGS forecast page.

$PRGS Price Targets

Multiple analysts have issued price targets for $PRGS recently. We have seen 3 analysts offer price targets for $PRGS in the last 6 months, with a median target of $75.0.

Here are some recent targets:

  • Daniel Ives from Wedbush set a target price of $75.0 on 06/27/2025
  • John Difucci from Guggenheim set a target price of $83.0 on 06/27/2025
  • Brent Thill from Jefferies set a target price of $70.0 on 01/06/2025

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

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