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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, %
2022-06-24 01:08 2022-06-21 Gupta Yogesh K Director, Officer - Chief Executive Officer SELL $47.28 5,000 $236,388 80,000 -5.9%
2022-05-23 23:06 2022-05-20 Gupta Yogesh K Director, Officer - Chief Executive Officer SELL $46.62 5,000 $233,093 85,000 -5.6%
2022-05-18 23:17 2022-05-16 Ortiz Jennifer Officer - EVP, Corporate Marketing OPT+S $46.45 1,254 $58,248 4,882 0.0%
2022-05-18 23:18 2022-05-16 Jarrett Loren Officer - EVP & GM Developer Tools SELL $46.99 4,598 $216,060 22,586 -16.9%
2022-05-16 23:33 2022-05-12 EGAN JOHN R Director SELL $46.59 20,174 $939,931 34,091 -37.2%
2022-05-09 23:47 2022-05-05 LoCoco Domenic Officer - Chief Accounting Officer OPT+S $49.08 1,756 $86,182 1,647 0.0%
2022-05-03 23:29 2022-05-02 Ainsworth John Officer - EVP, Enterprise App Exper. SELL $48.14 5,122 $246,597 32,821 -13.5%
2022-04-28 23:48 2022-04-27 Kane Charles Francis Director SELL $46.23 5,000 $231,154 83,208 -5.7%
2022-04-25 23:29 2022-04-21 Gupta Yogesh K Director, Officer - Chief Executive Officer SELL $50.20 5,000 $251,007 90,000 -5.3%
2022-04-22 00:32 2022-03-21 Gupta Yogesh K Director, Officer - Chief Executive Officer SELL $45.35 5,000 $226,727 95,000 -5.0%
2022-04-06 00:21 2022-04-01 SEGAL JEREMY Officer - EVP, Corporate Development OPT+S $47.14 1,281 $60,386 0 0.0%
2022-02-18 00:20 2022-02-15 Ortiz Jennifer Officer - EVP, Corporate Marketing OPT+S $45.31 1,254 $56,819 3,828 0.0%
2021-11-05 00:31 2021-11-02 QUINN GARY Officer - Executive Vice President OPT+S $52.10 40,150 $2,091,883 9,817 0.0%
2021-10-06 00:19 2021-10-04 SEGAL JEREMY Officer - Executive Vice President OPT+S $49.30 1,281 $63,155 0 0.0%
2021-05-07 23:11 2021-05-05 SEGAL JEREMY Officer - Senior Vice President SELL $43.62 761 $33,195 0 -100.0%
2021-02-18 00:09 2021-02-12 Jarrett Loren Officer - General Manager, DevTools SELL $43.20 3,678 $158,905 13,848 -21.0%
2021-02-11 00:20 2021-02-08 QUINN GARY Officer - Senior Vice President SELL $42.69 5,000 $213,441 5,909 -45.8%
2020-10-14 23:06 2020-10-12 QUINN GARY Officer - Senior Vice President SELL $40.32 7,116 $286,891 8,197 -46.5%
2020-10-05 23:10 2020-10-05 Gawlick Rainer Director BUY $37.77 1,000 $37,765 31,780 +3.2%
2020-10-01 23:07 2020-10-01 FOLGER ANTHONY Officer - Chief Financial Officer BUY $37.75 2,622 $98,981 2,622 +100.0%
2020-10-01 23:06 2020-10-01 Gupta Yogesh K Director, Officer - Chief Executive Officer BUY $37.50 2,700 $101,250 96,142 +2.9%
2020-02-15 00:03 2020-02-12 Jarrett Loren Officer - General Manager, DevTools SELL $45.11 7,084 $319,559 9,479 -42.8%
2020-02-11 01:26 2020-02-07 Kane Charles Francis Director SELL $44.91 7,500 $336,825 78,243 -8.7%
2020-02-01 00:05 2020-01-29 Jalbert Paul A Officer - Chief Financial Officer OPT+S $46.35 12,209 $565,887 21,198 0.0%
2020-01-25 00:10 2020-01-22 Jalbert Paul A Officer - Chief Financial Officer OPT+S $48.15 14,406 $693,679 21,198 0.0%
2019-04-29 23:03 2019-04-26 Taslakov Dimitre Officer - Chief Talent Officer SELL $45.50 12,999 $591,455 31,948 -28.9%
2019-04-25 23:26 2019-04-24 Murphy Anthony Officer - Chief Information Officer SELL $45.99 932 $42,863 0 -100.0%
2019-04-13 01:18 2019-04-11 Kane Charles Francis Director SELL $45.58 7,764 $353,883 80,890 -8.8%
2019-04-06 00:34 2019-04-03 EGAN JOHN R Director SELL $45.01 45,000 $2,025,266 38,206 -54.1%
2018-10-06 00:15 2018-10-03 Taslakov Dimitre Officer - Chief Talent Officer SELL $35.00 2,000 $70,000 43,431 -4.4%
2018-04-23 21:16 2018-04-19 MARK MICHAEL Director OPT+S $38.84 12,690 $492,819 199,915 0.0%
2017-02-08 01:02 2017-02-03 Praesidium Investment Management Company, LLC 10% owner SELL $27.94 100,000 $2,793,600 4,857,017 -2.0%
2017-01-07 00:41 2017-01-04 Praesidium Investment Management Company, LLC 10% owner SELL $30.81 850,000 $26,188,500 4,957,017 -14.6%
2016-09-15 00:15 2016-09-12 Praesidium Investment Management Company, LLC 10% owner SELL $28.11 900,000 $25,299,000 5,807,017 -13.4%
2016-07-13 00:11 2016-07-11 Jalbert Paul A Officer - Chief Accounting Officer SELL $28.93 21,041 $608,651 4,365 -82.8%
2016-06-14 16:29 2016-06-10 GUPTA RAM Director SELL $26.35 4,764 $125,531 15,608 -23.4%
2016-05-11 23:36 2016-05-10 BYCOFF BARRY N Director OPT+S $25.27 5,664 $143,129 50,658 0.0%
2016-04-29 18:09 2016-04-28 MARK MICHAEL Director OPT+S $26.13 7,705 $201,332 185,161 0.0%
2016-04-27 00:32 2016-04-22 Kane Charles Francis Director SELL $26.13 10,000 $261,300 75,924 -11.6%
2016-04-22 00:15 2016-04-20 KRALL DAVID Director OPT+S $26.04 7,705 $200,638 70,884 0.0%
2016-04-15 18:40 2016-04-13 MARK MICHAEL Director OPT+S $25.25 8,497 $214,549 185,161 0.0%
2016-02-19 22:02 2016-02-17 BYCOFF BARRY N Director SELL $24.18 17,796 $430,307 42,680 -29.4%
2015-07-08 23:57 2015-07-06 Benson David A Officer - EVP and CIO OPT+S $30.24 22,500 $680,400 42,138 0.0%
2015-07-08 23:37 2015-07-06 FABERMAN STEPHEN H Officer - SVP and General Counsel OPT+S $30.35 4,500 $136,575 37,416 0.0%
2015-07-08 23:33 2015-07-06 MARK MICHAEL Director OPT+S $30.30 16,270 $492,981 177,183 0.0%
2015-04-28 00:05 2015-04-24 Goodson John Officer - SVP, CPO & CTO OPT+S $26.18 13,504 $353,535 72,213 0.0%
2015-02-19 23:55 2015-02-17 Benedict Michael Officer - Pres, Business Unit Executive OPT+S $26.65 20,307 $541,182 7,301 0.0%
2015-02-09 18:12 2015-02-05 Kane Charles Francis Director OPT+S $26.04 11,500 $299,460 70,182 0.0%
2015-02-09 18:10 2015-02-05 BYCOFF BARRY N Director OPT+S $26.01 11,418 $296,982 34,916 0.0%
2015-02-09 18:08 2015-02-05 MARK MICHAEL Director OPT+S $26.05 10,515 $273,916 160,869 0.0%
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.