Progress Software Corp’s recently made public that its Chief Executive Officer Gupta Yogesh K acquired Company’s shares for reported $0.1 million on Jul 23 ’25. In the deal valued at $49.14 per share,2,100 shares were bought. As a result of this transaction, Gupta Yogesh K now holds 232,396 shares worth roughly $11.81 million.
Then, KRALL DAVID bought 5,125 shares, generating $250,612 in total proceeds. Upon buying the shares at $48.90, the Director now owns 100,090 shares.
Before that, FOLGER ANTHONY sold 5,529 shares. Progress Software Corp shares valued at $292,871 were divested by the Chief Financial Officer at a price of $52.97 per share. As a result of the transaction, FOLGER ANTHONY now holds 43,559 shares, worth roughly $2.21 million.
DA Davidson initiated its Progress Software Corp [PRGS] rating to a Buy in a research note published on March 28, 2024; the price target was $65. Jefferies began covering PRGS with “Hold” recommendation on September 09, 2022. Guggenheim started covering the stock on August 12, 2022. It rated PRGS as “a Buy”.
Price Performance Review of PRGS
On Friday, Progress Software Corp [NASDAQ:PRGS] saw its stock jump 1.69% to $50.81. Over the last five days, the stock has gained 7.05%. Progress Software Corp shares have fallen nearly -9.26% since the year began. Nevertheless, the stocks have fallen -22.00% over the past one year. While a 52-week high of $70.56 was reached on 01/02/25, a 52-week low of $47.42 was recorded on 07/18/25.
Levels Of Support And Resistance For PRGS Stock
The 24-hour chart illustrates a support level at 49.93, which if violated will result in even more drops to 49.05. On the upside, there is a resistance level at 51.49. A further resistance level may holdings at 52.16.
How much short interest is there in Progress Software Corp?
A steep rise in short interest was recorded in Progress Software Corp stocks on 2025-07-15, growing by 0.59 million shares to a total of 6.19 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-13 was 5.6 million shares. There was a rise of 9.6%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 22, 2021 when JP Morgan began covering the stock and recommended ‘”an Overweight”‘ rating along with a $60 price target.
