Progress Software will present AI solutions at Ai4 2025, focusing on data innovation and trusted AI applications.
Quiver AI Summary
Progress Software will participate in Ai4 2025, North America's largest AI conference, from August 11-13 at the MGM Grand in Las Vegas. The company's AI Strategist, Philip Miller, will present on August 12, discussing how enterprises can utilize retrieval-augmented generation (RAG) to integrate generative AI with proprietary data, enhancing decision-making and operational efficiency. This session targets business and data leaders interested in implementing AI for improved customer experiences and measurable ROI. Additionally, attendees can engage with Progress experts at Booth #503 to learn about the Progress Data Platform, which helps unify and govern data for intelligent automation and predictive analytics.
Potential Positives
- Participation in Ai4 2025, a major AI industry conference, highlights the company's commitment to being at the forefront of AI technology.
- Featured presentation by Philip Miller on "Trusted AI" underscores Progress's expertise in connecting generative AI to proprietary data, appealing to business and data leaders.
- Opportunity to showcase the Progress® Data Platform at the expo provides potential customers with insights into how the platform can enhance data management and AI capabilities.
- Engaging with over 4 million developers and technologists strengthens Progress's brand visibility and market position in the AI space.
Potential Negatives
- Company's focus on AI applications might indicate a heavy reliance on technology trends, potentially exposing them to market volatility and competitive risks in a fast-evolving sector.
- The emphasis on "trusted AI" suggests previous challenges or concerns regarding AI reliability, which could affect stakeholder confidence.
FAQ
What will Progress Software showcase at Ai4 2025?
Progress Software will showcase real-world AI applications and data innovation at the Ai4 2025 conference.
When is Progress Software's presentation scheduled?
Philip Miller's presentation titled "Trusted AI: Unlock Data Value" is scheduled for August 12, 2025, at 2:35 p.m. PT.
Where can attendees find Progress at Ai4?
Attendees can visit Progress at Booth #503 on the Ai4 Expo floor.
What topics will be covered in the presentation?
The presentation will cover connecting generative AI to proprietary data using retrieval-augmented generation (RAG).
What is the purpose of the Progress® Data Platform?
The Progress® Data Platform helps unify and govern data across systems for high-quality insights and intelligent automation.
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 Insider Trading Activity
$PRGS insiders have traded $PRGS stock on the open market 12 times in the past 6 months. Of those trades, 2 have been purchases and 10 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.
- DOMENIC LOCOCO (Chief Accounting Officer) sold 7,185 shares for an estimated $410,407
- ANTHONY FOLGER (Chief Financial Officer) has made 0 purchases and 2 sales selling 5,529 shares for an estimated $292,871.
- DAVID KRALL purchased 5,125 shares for an estimated $250,612
- IAN PITT (Chief Information Officer) has made 0 purchases and 2 sales selling 2,889 shares for an estimated $182,120.
- YOGESH K GUPTA (Chief Executive Officer) purchased 2,100 shares for an estimated $103,194
- 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 167 institutional investors add shares of $PRGS stock to their portfolio, and 156 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
- 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
- SCHRODER INVESTMENT MANAGEMENT GROUP removed 296,767 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $15,286,468
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:
- DA Davidson issued a "Buy" rating on 07/01/2025
- Wedbush issued a "Outperform" rating on 07/01/2025
- Guggenheim issued a "Buy" rating on 04/01/2025
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 $75.0.
Here are some recent targets:
- Fatima Boolani from Citigroup set a target price of $57.0 on 07/15/2025
- Lucky Schreiner from DA Davidson set a target price of $75.0 on 07/01/2025
- Daniel Ives from Wedbush set a target price of $75.0 on 07/01/2025
- John Difucci from Guggenheim set a target price of $83.0 on 04/01/2025
Full Release
Company to showcase real-world AI applications and data innovation at premier AI event
BURLINGTON, Mass., Aug. 08, 2025 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced its participation at Ai4 2025 , North America’s largest artificial intelligence industry conference, taking place August 11–13 at the MGM Grand in Las Vegas.
Philip Miller, AI Strategist at Progress, will deliver a featured presentation titled:
Trusted AI: Unlock Data Value
Date:
August 12, 2025
Time:
2:35 – 2:55 p.m. PT
Location:
MGM Grand, Las Vegas
Miller will explore how enterprises can connect generative AI to proprietary data using retrieval-augmented generation (RAG), transforming siloed information into high-value, trusted outputs that drive innovation and operational efficiency.
The session is designed for business and data leaders seeking to implement AI that enhances decision-making, automates operations and improves customer experiences, while delivering measurable ROI.
Visit Progress at Booth #503
Attendees can also meet Progress experts on the Ai4 Expo floor to learn how the
Progress® Data Platform
helps unify and govern data across systems—delivering high-quality, real-time insights that power intelligent automation, predictive analytics and responsible AI innovation.
Learn more at: https://www.progress.com/data-platform
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 registered trademark of Progress Software Corporation in the U.S. and other countries. Any other names contained herein may be trademarks of their respective owners.
Press Contacts:
Kim Baker
Progress Software
+1-800-477-6473
[email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/94a48af3-227c-4c65-bbab-470a422a1c7f
