PROGRESS SOFTWARE ($PRGS) posted quarterly earnings results on Monday, June 30th. The company reported earnings of $1.40 per share, beating estimates of $1.33 by $0.07. The company also reported revenue of $237,360,000, missing estimates of $242,270,981 by $-4,910,981.
You can see Quiver Quantitative's $PRGS stock page to track data on insider trading, hedge fund activity, congressional trading, and more.
PROGRESS SOFTWARE Insider Trading Activity
PROGRESS SOFTWARE insiders have traded $PRGS stock on the open market 13 times in the past 6 months. Of those trades, 0 have been purchases and 13 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 2 sales selling 2,185 shares for an estimated $123,453.
- YUFAN STEPHANIE WANG (Chief Legal Officer) sold 1,428 shares for an estimated $83,209
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
PROGRESS SOFTWARE Hedge Fund Activity
We have seen 155 institutional investors add shares of PROGRESS SOFTWARE stock to their portfolio, and 192 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PACER ADVISORS, INC. removed 1,140,631 shares (-99.8%) from their portfolio in Q1 2025, for an estimated $58,753,902
- CAPITAL INTERNATIONAL INVESTORS added 722,081 shares (+inf%) to their portfolio in Q1 2025, for an estimated $37,194,392
- WELLINGTON MANAGEMENT GROUP LLP added 478,627 shares (+54.5%) to their portfolio in Q1 2025, for an estimated $24,654,076
- FULLER & THALER ASSET MANAGEMENT, INC. removed 436,094 shares (-36.3%) from their portfolio in Q1 2025, for an estimated $22,463,201
- LEUTHOLD GROUP, LLC removed 409,752 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $26,695,342
- RENAISSANCE TECHNOLOGIES LLC removed 381,611 shares (-41.5%) from their portfolio in Q1 2025, for an estimated $19,656,782
- DZ BANK AG DEUTSCHE ZENTRAL GENOSSENSCHAFTS BANK, FRANKFURT AM MAIN added 374,456 shares (+3524.0%) to their portfolio in Q1 2025, for an estimated $19,288,228
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
PROGRESS SOFTWARE Government Contracts
We have seen $100,601 of award payments to $PRGS over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
- PROGRESS(R) DEVCRAFT COMPLETE DEVELOPER LICENSE: $51,574
- FY25 SITEFINITY RENEWAL: $18,635
- MAINTENANCE RENEWAL OF PROGRESS WHATSUP GOLD PACKAGE: $14,897
- PROGRESS DEVCRAFT COMPLETE DEV LICENSE RENEWAL: $11,461
- PROGRESS DEVCRAFT COMPLETE DEVELOPER SOFTWARE LICENSE: $4,032
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.
PROGRESS SOFTWARE 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 PROGRESS SOFTWARE, check out Quiver Quantitative's $PRGS forecast page.
PROGRESS SOFTWARE 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. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
