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 $0.32 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 $29278.44.
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 Monday, Progress Software Corp [NASDAQ:PRGS] saw its stock jump 3.47% to $43.83. Over the last five days, the stock has gained 7.72%. Progress Software Corp shares have fallen nearly -30.79% since the year began. Nevertheless, the stocks have risen 2.03% 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 2025-12-31, dropping by -0.48 million shares to a total of 4.61 million shares. Yahoo Finance data shows the prior-month short interest on 2025-11-28 was 5.09 million shares. There was a decline of -10.36%, 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.
