Progress Software Corp’s recent filing unveils that its EVP/GM Digital Experience Jarrett Loren unloaded Company’s shares for reported $2.08 million on May 09 ’25. In the deal valued at $61.10 per share,34,093 shares were sold. As a result of this transaction, Jarrett Loren now holds 11,747 shares worth roughly $0.75 million.
Then, LOREN JARRETT bought 34,093 shares, generating $2,105,584 in total proceeds.
Before that, WANG YUFAN STEPHANIE sold 1,428 shares. Progress Software Corp shares valued at $83,210 were divested by the Chief Legal Officer at a price of $58.27 per share. As a result of the transaction, WANG YUFAN STEPHANIE now holds 0 shares, worth roughly $0.0.
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 Tuesday, Progress Software Corp [NASDAQ:PRGS] saw its stock jump 0.38% to $63.47. Over the last five days, the stock has lost -1.84%. Progress Software Corp shares have fallen nearly -2.58% since the year began. Nevertheless, the stocks have risen 26.89% over the past one year. While a 52-week high of $70.56 was reached on 01/02/25, a 52-week low of $48.00 was recorded on 03/31/25.
Levels Of Support And Resistance For PRGS Stock
The 24-hour chart illustrates a support level at 62.53, which if violated will result in even more drops to 61.59. On the upside, there is a resistance level at 64.26. A further resistance level may holdings at 65.06.
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.
