Progress Software Corp’s filing revealed that its Chief Financial Officer FOLGER ANTHONY unloaded Company’s shares for reported $0.29 million on Jul 08 ’25. In the deal valued at $52.97 per share,5,529 shares were sold. As a result of this transaction, FOLGER ANTHONY now holds 43,559 shares worth roughly $2.16 million.
Then, ANTHONY FOLGER bought 5,529 shares, generating $284,965 in total proceeds.
Before that, Pitt Ian sold 2,186 shares. Progress Software Corp shares valued at $142,549 were divested by the Chief Information Officer at a price of $65.21 per share. As a result of the transaction, Pitt Ian now holds 6,513 shares, worth roughly $0.32 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 fall -2.01% to $49.62. Over the last five days, the stock has lost -8.87%. Progress Software Corp shares have fallen nearly -7.75% since the year began. Nevertheless, the stocks have fallen -23.84% over the past one year. While a 52-week high of $70.56 was reached on 01/02/25, a 52-week low of $50.04 was recorded on 07/11/25.
Levels Of Support And Resistance For PRGS Stock
The 24-hour chart illustrates a support level at 48.99, which if violated will result in even more drops to 48.37. On the upside, there is a resistance level at 50.40. A further resistance level may holdings at 51.19.
How much short interest is there in Progress Software Corp?
A steep rise in short interest was recorded in Progress Software Corp stocks on 2025-06-13, dropping by 47287.0 shares to a total of 5.6 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 5.65 million shares. There was a decline of -0.84%, which implies that there is a negative 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.
