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Company Analysis

PRGS Insider Trading

PROGRESS SOFTWARE CORP /MA | Services-Prepackaged Software

Comprehensive Trading Performance Summary

The investment history of corporate insiders at PROGRESS SOFTWARE CORP /MA provides a unique lens into the internal conviction of the company's leadership. By analyzing SEC Form 4 filings, investors can track how directors and officers are allocating their own capital. High-conviction buying often signals that management believes the current market price significantly undervalues future growth prospects, while strategic selling might occur for personal liquidity or portfolio diversification. Monitoring these shifts in ownership is essential for understanding the alignment between management and shareholders in the Services-Prepackaged Software sector.

Transactions on Chart

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Filing Date Trade Date Reporting Person Relationship Type Price Qty Total, $ Owned After Change, %
2023-12-19 00:46 2023-12-14 Kulikoski Kathryn Officer - Chief People Officer OPT+S $55.00 2,547 $140,085 3,351 0.0%
2023-12-06 01:03 2023-12-01 Subramanian Sundar Officer - EVP/GM Infrastructure Mgmt SELL $53.64 2,119 $113,653 22,801 -8.5%
2023-11-22 02:05 2023-11-17 Pitt Ian Officer - Chief Information Officer SELL $53.51 3,222 $172,394 584 -84.7%
2023-11-18 01:04 2023-11-15 Subramanian Sundar Officer - EVP/GM Infrastructure Mgmt SELL $53.88 1,704 $91,812 24,920 -6.4%
2023-11-10 00:56 2023-11-08 LoCoco Domenic Officer - Chief Accounting Officer SELL $52.84 300 $15,852 2,795 -9.7%
2023-11-08 00:32 2023-11-06 Kulikoski Kathryn Officer - Chief People Officer OPT+S $52.00 1,060 $55,120 3,351 0.0%
2023-10-03 23:19 2023-10-03 WANG YUFAN STEPHANIE Officer - Chief Legal Officer OPT+S $51.94 778 $40,409 0 0.0%
2023-10-03 23:20 2023-10-02 Kulikoski Kathryn Officer - Chief People Officer OPT+S $52.50 1,487 $78,068 3,314 0.0%
2023-09-07 01:20 2023-09-01 Kulikoski Kathryn Officer - Chief People Officer SELL $61.06 3,265 $199,361 2,073 -61.2%
2023-08-22 23:29 2023-08-18 FOLGER ANTHONY Officer - Chief Financial Officer OPT+S $58.88 12,513 $736,810 20,098 0.0%
2023-08-18 01:02 2023-08-15 LoCoco Domenic Officer - Chief Accounting Officer SELL $60.26 200 $12,052 1,909 -9.5%
2023-08-03 00:43 2023-07-31 Kulikoski Kathryn Officer - Chief People Officer OPT+S $59.78 2,548 $152,315 5,338 0.0%
2023-07-07 00:10 2023-07-03 Kulikoski Kathryn Officer - Chief People Officer OPT+S $57.87 2,122 $122,800 5,216 0.0%
2023-06-03 04:06 2023-06-01 Kulikoski Kathryn Officer - Chief People Officer SELL $59.69 1,500 $89,535 5,216 -22.3%
2023-05-30 23:31 2023-05-25 Subramanian Sundar Officer - EVP/GM Infrastructure Mgmt SELL $60.00 461 $27,660 24,828 -1.8%
2023-05-17 23:09 2023-05-15 LoCoco Domenic Officer - Chief Accounting Officer SELL $55.62 226 $12,570 2,005 -10.1%
2023-05-17 23:09 2023-05-15 Kulikoski Kathryn Officer - Chief People Officer SELL $55.64 2,526 $140,555 6,716 -27.3%
2023-05-10 00:37 2023-05-08 WANG YUFAN STEPHANIE Officer - Chief Legal Officer SELL $54.39 234 $12,727 0 -100.0%
2023-04-24 23:28 2023-04-20 Jarrett Loren Officer - EVP/GM Digital Experience OPT+S $56.57 46,028 $2,603,928 9,961 0.0%
2023-04-07 23:09 2023-04-05 Kane Charles Francis Director SELL $54.34 20,000 $1,086,812 68,175 -22.7%
2023-04-05 01:27 2023-04-04 FOLGER ANTHONY Officer - Chief Financial Officer OPT+S $55.84 3,775 $210,805 22,116 0.0%
2023-02-18 00:40 2023-02-15 LoCoco Domenic Officer - Chief Accounting Officer SELL $57.97 156 $9,043 1,332 -10.5%
2023-02-10 00:27 2023-02-07 Subramanian Sundar Officer - EVP/GM Infrastructure Mgmt SELL $58.00 875 $50,750 23,291 -3.6%
2023-02-09 01:04 2023-02-06 Jarrett Loren Officer - EVP/GM Digital Experience SELL $55.90 4,629 $258,744 17,639 -20.8%
2023-02-08 00:09 2023-02-03 Pitt Ian Officer - Chief Information Officer OPT+S $56.82 3,970 $225,564 1,132 0.0%
2023-02-04 01:26 2023-02-01 Subramanian Sundar Officer - EVP/GM Infrastructure Mgmt OPT+S $55.00 556 $30,580 24,166 0.0%
2023-02-04 01:19 2023-02-01 SEGAL JEREMY Officer - EVP, Corporate Development OPT+S $54.69 23,497 $1,284,948 636 0.0%
2023-02-04 00:50 2023-02-02 FOLGER ANTHONY Officer - Chief Financial Officer OPT+S $55.70 5,000 $278,488 22,116 0.0%
2023-02-04 00:58 2023-02-01 Gupta Yogesh K Director, Officer - Chief Executive Officer OPT+S $55.50 20,000 $1,110,092 0 0.0%
2023-02-02 00:35 2023-01-30 Kulikoski Kathryn Officer - Chief People Officer SELL $52.70 425 $22,398 3,776 -10.1%
2023-01-24 01:22 2023-01-09 FOLGER ANTHONY Officer - Chief Financial Officer SELL $52.35 11,863 $621,008 4,603 -72.0%
2023-01-20 01:45 2023-01-17 Gupta Yogesh K Director, Officer - Chief Executive Officer SELL $53.66 10,000 $536,616 20,000 -33.3%
2023-01-14 00:05 2023-01-11 Subramanian Sundar Officer - EVP/GM DevOps SELL $53.00 100 $5,300 18,923 -0.5%
2022-12-24 04:01 2022-12-21 Gupta Yogesh K Director, Officer - Chief Executive Officer SELL $49.43 5,000 $247,159 30,000 -14.3%
2022-12-06 01:57 2022-12-01 Gupta Yogesh K Director, Officer - Chief Executive Officer SELL $54.01 10,000 $540,137 35,000 -22.2%
2022-11-23 01:10 2022-11-21 Gupta Yogesh K Director, Officer - Chief Executive Officer SELL $51.32 5,000 $256,582 45,000 -10.0%
2022-11-19 01:05 2022-11-16 Ortiz Jennifer Officer - EVP, Corporate Marketing SELL $52.49 397 $20,839 5,640 -6.6%
2022-11-18 01:25 2022-11-15 LoCoco Domenic Officer - Chief Accounting Officer OPT+S $52.07 2,396 $124,764 1,386 0.0%
2022-11-15 00:28 2022-11-10 Gupta Yogesh K Director, Officer - Chief Executive Officer SELL $52.01 10,000 $520,096 50,000 -16.7%
2022-11-09 00:38 2022-11-04 Jarrett Loren Officer - EVP & GM Developer Tools SELL $48.95 4,215 $206,306 15,455 -21.4%
2022-11-01 23:06 2022-10-28 LoCoco Domenic Officer - Chief Accounting Officer SELL $50.94 500 $25,471 1,886 -21.0%
2022-10-27 23:07 2022-10-26 Kulikoski Kathryn Officer - Chief People Officer SELL $50.00 129 $6,450 4,201 -3.0%
2022-10-25 23:16 2022-10-21 Gupta Yogesh K Director, Officer - Chief Executive Officer SELL $46.36 5,000 $231,784 60,000 -7.7%
2022-10-14 23:11 2022-10-12 Kulikoski Kathryn Officer - Chief People Officer SELL $45.00 308 $13,860 4,303 -6.7%
2022-10-06 00:00 2022-10-03 SEGAL JEREMY Officer - EVP, Corporate Development OPT+S $43.82 1,258 $55,126 636 0.0%
2022-09-22 23:24 2022-09-21 Gupta Yogesh K Director, Officer - Chief Executive Officer SELL $43.87 5,000 $219,346 65,000 -7.1%
2022-08-23 23:25 2022-08-22 Gupta Yogesh K Director, Officer - Chief Executive Officer SELL $49.53 5,000 $247,664 70,000 -6.7%
2022-08-18 23:09 2022-08-16 Ortiz Jennifer Officer - EVP, Corporate Marketing OPT+S $50.14 1,254 $62,876 4,984 0.0%
2022-08-08 23:04 2022-08-05 Jarrett Loren Officer - EVP & GM Developer Tools SELL $47.32 4,475 $211,775 18,111 -19.8%
2022-07-25 23:08 2022-07-21 Gupta Yogesh K Director, Officer - Chief Executive Officer SELL $46.58 5,000 $232,920 75,000 -6.3%
SHOW ENTRIES

How to Interpret $PRGS Trades

Not every insider transaction in PROGRESS SOFTWARE CORP /MA is a signal for immediate action. Professional investors look for "cluster buying"—when multiple executives simultaneously purchase $PRGS shares on the open market. It is crucial to distinguish between scheduled sales (under Rule 10b5-1) and voluntary increases in ownership, which demonstrate management’s true conviction that the stock is undervalued.

Data Source & Accuracy for PRGS

Insider activity data for PROGRESS SOFTWARE CORP /MA is streamed in real-time directly from the SEC EDGAR system. We analyze raw Form 4 filings, filtering out technical adjustments and complex derivative transactions. This provides a transparent view of how ownership structure is evolving in $PRGS, allowing you to follow the capital of those with the most intimate knowledge of the company.

UNDERSTANDING THE DATA

FILING DATE: The date and time when the transaction was reported to the SEC. This is when the public first receives the information.

TRADE DATE: The actual day the insider executed the purchase or sale in the market.

INDUSTRY: The specific market sector the company operates in. Useful for identifying broader institutional capital flows across sectors.

OWNED AFTER: The total number of shares held by the insider following the transaction. This highlights the insider's remaining conviction in the company.

CHANGE %: The percentage increase or decrease of the insider's total position. Large percentage changes often carry more weight than the dollar amount alone.

TRADE TYPES DEFINITIONS

BUY: An open market purchase. Typically indicates an insider's belief that the stock is undervalued or poised for growth.

SELL: An open market sale. While often used for diversification or liquidity, large or unexpected sales can be a warning signal.

OPT+S (OPTION EXERCISE & SALE): This occurs when an insider exercises their stock options and sells them immediately. Often part of a structured compensation plan.