Progress Data Platform gains "Awardable" status on the DoD's Tradewinds marketplace for streamlined procurement and deployment.
Quiver AI Summary
Progress Federal Solutions has announced its Progress Data Platform is now available on the Chief Digital and Artificial Intelligence Office’s Tradewinds Solutions Marketplace, designated as “Awardable.” This status allows U.S. Department of Defense customers to quickly procure the platform, which integrates database, search, and semantic AI features into a secure and unified solution. The Tradewinds Marketplace aims to enhance the procurement and adoption of AI, machine learning, and analytics within the DoD. Progress Federal Solutions, a subsidiary of Progress Software, focuses on addressing the specific needs of federal and defense organizations, enabling them to manage complex data effectively and support critical operations. The Progress Data Platform facilitates the integration of diverse data types and enhances decision-making for mission readiness.
Potential Positives
- Progress Federal Solutions has achieved "Awardable" status through the CDAO's Tradewinds Solutions Marketplace, enabling U.S. Department of Defense customers to rapidly procure the Progress Data Platform.
- This designation affirms the platform's trustworthiness and security, appealing to governmental agencies seeking reliable data management solutions.
- Recognition among a competitive field highlights the innovation, scalability, and proven impact of Progress Federal Solutions' offerings on DoD missions.
Potential Negatives
- Achieving "Awardable" status may highlight the competitive nature of the procurement process, potentially indicating that other solutions are equally viable or superior.
- The emphasis on federal compliance and security may suggest vulnerabilities or challenges in navigating the regulatory landscape for AI solutions.
- The focus on procurement through the Tradewinds Solutions Marketplace could raise concerns about reliance on government contracts and the stability of revenue streams amid changing federal budgets.
FAQ
What is the Progress Data Platform?
The Progress Data Platform is a secure, trusted data solution that integrates database, search, and semantic AI capabilities.
What does "Awardable" status mean for Progress Federal Solutions?
"Awardable" status allows U.S. Department of Defense customers to rapidly procure the Progress Data Platform via the Tradewinds Solutions Marketplace.
How does the Progress Data Platform enhance decision-making?
It enables agencies to access trusted, real-time information across diverse data sources for improved intelligence and situational awareness.
Where can government customers access the video on the Progress Data Platform?
The video, "From Chaos to Clarity: Progress Data Platform," is available to government customers with a Marketplace account at www.tradewindAI.com.
What sectors does Progress Federal Solutions support?
Progress Federal Solutions supports U.S. federal, defense, and public sector organizations with innovative data management and AI solutions.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$PRGS Congressional Stock Trading
Members of Congress have traded $PRGS stock 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $PRGS stock by members of Congress over the last 6 months:
- REPRESENTATIVE LISA C. MCCLAIN has traded it 2 times. They made 1 purchase worth up to $15,000 on 07/10 and 1 sale worth up to $15,000 on 07/16.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$PRGS Insider Trading Activity
$PRGS insiders have traded $PRGS stock on the open market 14 times in the past 6 months. Of those trades, 3 have been purchases and 11 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 3 sales selling 34,093 shares for an estimated $2,083,082.
- ANTHONY FOLGER (Chief Financial Officer) has made 0 purchases and 4 sales selling 11,003 shares for an estimated $547,225.
- DAVID KRALL purchased 5,125 shares for an estimated $250,612
- IAN PITT (Chief Information Officer) has made 0 purchases and 2 sales selling 2,595 shares for an estimated $161,444.
- YOGESH K GUPTA (Chief Executive Officer) purchased 2,100 shares for an estimated $103,194
- RAINER GAWLICK purchased 1,710 shares for an estimated $74,350
- YUFAN STEPHANIE WANG (Chief Legal Officer) sold 1,428 shares for an estimated $66,059
- 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 170 institutional investors add shares of $PRGS stock to their portfolio, and 160 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WELLINGTON MANAGEMENT GROUP LLP removed 271,202 shares (-20.0%) from their portfolio in Q2 2025, for an estimated $17,313,535
- LSV ASSET MANAGEMENT removed 255,470 shares (-66.6%) from their portfolio in Q2 2025, for an estimated $16,309,204
- BLACKROCK, INC. removed 252,935 shares (-3.6%) from their portfolio in Q2 2025, for an estimated $16,147,370
- ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC added 243,950 shares (+26.1%) to their portfolio in Q3 2025, for an estimated $10,716,723
- MACQUARIE GROUP LTD removed 239,377 shares (-22.2%) from their portfolio in Q2 2025, for an estimated $15,281,827
- MILLENNIUM MANAGEMENT LLC added 238,779 shares (+138.9%) to their portfolio in Q2 2025, for an estimated $15,243,651
- PARADICE INVESTMENT MANAGEMENT LLC removed 238,145 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $10,461,709
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 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Citigroup issued a "Buy" rating on 10/13/2025
- DA Davidson issued a "Buy" rating on 09/30/2025
- Wedbush issued a "Outperform" rating on 07/01/2025
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 4 analysts offer price targets for $PRGS in the last 6 months, with a median target of $66.0.
Here are some recent targets:
- Fatima Boolani from Citigroup set a target price of $57.0 on 10/13/2025
- Brent Thill from Jefferies set a target price of $50.0 on 09/30/2025
- Lucky Schreiner from DA Davidson set a target price of $75.0 on 09/30/2025
- Daniel Ives from Wedbush set a target price of $75.0 on 07/01/2025
Full Release
Progress Data Platform now available on the premier AI procurement marketplace, helping agencies turn complex data into actionable intelligence
BURLINGTON, Mass., Oct. 29, 2025 (GLOBE NEWSWIRE) -- Progress Federal Solutions , a wholly owned subsidiary of Progress Software (Nasdaq: PRGS), today announced that it has achieved “Awardable” status through the Chief Digital and Artificial Intelligence Office’s (CDAO) Tradewinds Solutions Marketplace . This designation allows U.S. Department of Defense (DoD) customers to rapidly procure and deploy Progress® Data Platform —a trusted, secure data platform that unifies database, search and semantic AI capabilities in a single solution.
The Tradewinds Solutions Marketplace is the premier offering of Tradewinds, the Department of Defense’s (DoD’s) suite of tools and services designed to accelerate the procurement and adoption of Artificial Intelligence (AI)/Machine Learning (ML), data and analytics capabilities.
“Being recognized as ‘Awardable’ by the CDAO is a significant milestone for Progress Federal Solutions,” said Cori Moore, President of Progress Federal Solutions. “It underscores our commitment to delivering scalable, secure and innovative AI solutions that help government agencies achieve their objectives.”
Progress Federal Solutions was established to address the unique requirements of U.S. federal, defense and public sector organizations. Operating independently while leveraging Progress Software’s technology portfolio, the subsidiary delivers AI-powered solutions that accelerate digital transformation, strengthen data-driven decision-making and support mission-critical operations.
One of the key products offered by Progress Federal Solutions is the Progress Data Platform, relied on by defense and civilian agencies to integrate, manage and operationalize complex data. With Progress Data Platform, agencies can:
- Integrate structured, unstructured and metadata into a unified, secure environment
- Access trusted real-time information across diverse data sources for faster, more verified intelligence and critical situational awareness
- Depend on government-grade security with proven Authority to Operate (ATO) across major standards
- Apply semantic AI and search to deliver trustworthy, large-scale AI-powered systems
-
Build 360-degree data views to improve services and measure program outcomes
Progress Federal Solutions’ video, “From Chaos to Clarity: Progress Data Platform,” available to government customers on the Tradewinds Solutions Marketplace, explores how the platform unifies structured and unstructured data, enhances decision-making and supports mission readiness. Progress Federal Solutions was recognized among a competitive field of applicants to the Tradewinds Solutions Marketplace whose solutions demonstrated innovation, scalability and proven impact on DoD missions.
Government customers can view the video by creating a Tradewinds Solutions Marketplace account at www.tradewindAI.com .
About the Tradewinds Solutions Marketplace
The Tradewinds Solutions Marketplace is a digital repository of post-competition, readily awardable pitch videos that address the Department of Defense’s (DoD) most significant challenges in the Artificial Intelligence/Machine Learning (AI/ML), data and analytics space. All awardable solutions have been assessed through complex scoring rubrics and competitive procedures and are available to Government customers with a Marketplace account. Government customers can create an account at
www.tradewindAI.com
. Tradewinds is housed in the DoD’s Chief Digital Artificial Intelligence Office.
About Progress Federal Solutions
Progress Federal Solutions is your trusted partner for government solutions and innovation. A technology and professional services leader in the data management and integration sector, we specialize in delivering software products and services that redefine the way federal agencies and organizations handle, make use of and exploit their complex and diverse data.
We deliver robust solutions that adapt to the ever-evolving needs of diverse industries, especially the public sector. Helping our customers navigate the dynamic landscape of modern data management is what drives us. Our federal domain expertise combined with our deep commercial experience enables us to deploy the highest-quality products and services, and to develop and integrate innovative solutions to meet the needs of our nation’s most critical missions. Learn more at www.progress.com/federal .
About Progress Software
Progress Software
(Nasdaq: PRGS) empowers organizations to achieve transformational success in the face of disruptive change. Our software enables our customers to develop, deploy and manage responsible AI-powered applications and digital experiences with agility and ease. Customers get a trusted provider in Progress, with the products, expertise and vision they need to succeed. Over 4 million developers and technologists at hundreds of thousands of enterprises depend on Progress. Learn more at www.progress.com.
Progress is a trademark or registered trademark of Progress Software Corporation and/or its subsidiaries or affiliates in the U.S. and other countries. Any other names contained herein may be trademarks of their respective owners.
Press Contact:
Kim Baker
Progress Software
+1-800-477-6473
[email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/83a70ac6-2e7b-49ce-82b4-4a6917ecf68e
