In a filing, Progress Software Corp revealed its Chief Information Officer Pitt Ian unloaded Company’s shares for reported $18896.0 on Oct 06 ’25. In the deal valued at $46.20 per share,409 shares were sold. As a result of this transaction, Pitt Ian now holds 7,368 shares worth roughly $0.31 million.
Then, IAN PITT bought 409 shares, generating $18,884 in total proceeds.
Before that, WANG YUFAN STEPHANIE sold 1,428 shares. Progress Software Corp shares valued at $66,059 were divested by the Chief Legal Officer at a price of $46.26 per share. As a result of the transaction, WANG YUFAN STEPHANIE now holds 668 shares, worth roughly $28142.84.
Citigroup upgraded its Progress Software Corp [PRGS] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including DA Davidson’s analysts, who began to cover the stock in late March with a ‘”a Buy”‘ rating. Jefferies started covering the stock on September 09, 2022. It rated PRGS as “a Hold”.
Price Performance Review of PRGS
On Tuesday, Progress Software Corp [NASDAQ:PRGS] saw its stock fall -1.29% to $42.13. Over the last five days, the stock has lost -8.05%. Progress Software Corp shares have fallen nearly -34.26% since the year began. Nevertheless, the stocks have fallen -35.33% over the past one year. While a 52-week high of $70.56 was reached on 01/02/25, a 52-week low of $40.29 was recorded on 09/25/25.
Levels Of Support And Resistance For PRGS Stock
The 24-hour chart illustrates a support level at 41.55, which if violated will result in even more drops to 40.98. On the upside, there is a resistance level at 43.07. A further resistance level may holdings at 44.02.
How much short interest is there in Progress Software Corp?
A steep rise in short interest was recorded in Progress Software Corp stocks on 2025-10-15, dropping by -0.72 million shares to a total of 5.0 million shares. Yahoo Finance data shows the prior-month short interest on 2025-09-15 was 5.72 million shares. There was a decline of -14.29%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on August 12, 2022 when Guggenheim began covering the stock and recommended ‘”a Buy”‘ rating along with a $60 price target.
