Progress Software Corp’s recently made public that its Director Gawlick Rainer acquired Company’s shares for reported $74351.0 on Aug 12 ’25. In the deal valued at $43.48 per share,1,710 shares were bought. As a result of this transaction, Gawlick Rainer now holds 55,544 shares worth roughly $2.34 million.
Then, Gupta Yogesh K bought 2,100 shares, generating $103,194 in total proceeds. Upon buying the shares at $49.14, the Chief Executive Officer now owns 232,396 shares.
Before that, KRALL DAVID bought 5,125 shares. Progress Software Corp shares valued at $250,612 were divested by the Director at a price of $48.90 per share. As a result of the transaction, KRALL DAVID now holds 100,090 shares, worth roughly $4.21 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 Tuesday, Progress Software Corp [NASDAQ:PRGS] saw its stock jump 1.64% to $42.11. Over the last five days, the stock has lost -1.86%. Progress Software Corp shares have fallen nearly -26.47% since the year began. Nevertheless, the stocks have fallen -35.36% over the past one year.
How much short interest is there in Progress Software Corp?
A steep rise in short interest was recorded in Progress Software Corp stocks on 2025-08-29, growing by 19308.0 shares to a total of 5.71 million shares. Yahoo Finance data shows the prior-month short interest on 2025-07-31 was 5.69 million shares. There was a rise of 0.34%, 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.
