PRGS
PROGRESS SOFTWARE CORP /MA
$31.16
-0.64%
$1.3B
No data for this timeframe.
Vol
Market Cap$1.3B
Cap SizeSmall Cap
Analyst ConsensusStrong Buy (85%)
Inst. Holders7 funds
Inst. Value$365.5M
Inst. Activity1 buys / 2 sells
Insider Activity0B / 5S
Insider Net $-$1.0M
Reddit Sentiment33° Cool
SEC Reports2
Press Releases2
Congressional1 trades
Recent Activity
May 20, 2026
SEC
Two C-suite insiders (CFO and CLO) sold a combined $161K in open-market transactions, representing only 0.013% of market
CLUSTER — Impact 2/10
May 19, 2026
Insider
FOLGER ANTHONY sold 4,074 shares
Chief Financial Officer @ $29.05 ($118.3K)
May 18, 2026
Insider
WANG YUFAN STEPHANIE sold 1,500 shares
Chief Legal Officer @ $28.44 ($42.7K)
Apr 1, 2026
Insider
Gupta Yogesh K sold 6,809 shares
Chief Executive Officer @ $0.00 ($0.00)
Mar 25, 2026
SEC
Proxy statement for Progress Software Corporation's 2026 Annual Meeting, filed by the registrant. Proposals include elec
DEFA14A — Impact 3/10
Inst.
FMR LLC — TRIM
486,757 shares ($20.9M)
Inst.
TWO SIGMA INVESTMENTS, LP — DOUBLED
317,048 shares ($13.6M)
May 14, 2026
routine
Progress Agentic RAG Named 2026 AI Excellence Award Winner for Advancing Retrieval-Augmented Generation
<p align="center"><em>Recognition underscores Progress Software’s innovation in removing barriers to
Price Targets
$50.83
+61.8% upside
Strong Buy
Current $31.42
Low $34.00
Median $45.50
High $83.00
6 analysts
$34.00
$83.00
Analyst Ratings
7Strong Buy
4Buy
2Hold
0Sell
0Strong Sell
Recent Analyst Actions
| Date | Firm | Action | Rating |
|---|---|---|---|
| Apr 1, 2026 | Citigroup | MAINTAIN | Buy → Buy |
| Mar 31, 2026 | Jefferies | MAINTAIN | Hold → Hold |
| Mar 31, 2026 | Wedbush | MAINTAIN | Outperform → Outperform |
| Mar 31, 2026 | Oppenheimer | MAINTAIN | Outperform → Outperform |
| Mar 25, 2026 | DA Davidson | MAINTAIN | Buy → Buy |
Earnings Estimates
| Period | EPS Est. | Range | Growth | # |
|---|---|---|---|---|
| Current Q | $1.49 ▲ +6.0% | $1.47 — $1.50 | 6% YoY | 6 |
| Next Q | $1.45 ▲ +0.7% | $1.41 — $1.48 | -4% YoY | 6 |
| Current FY | $5.98 ▲ +1.8% | $5.95 — $6.02 | 5% YoY | 6 |
| Next FY | $6.06 ▲ +1.7% | $5.99 — $6.11 | 1% YoY | 6 |
Latest Reports
NEUTRAL
CLUSTER
2/10
Two C-suite insiders (CFO and CLO) sold a combined $161K in open-market transactions, representing only 0.013% of market
May 20, 2026
NEUTRAL
Press
3/10
Progress Software reported Q1 FY2026 earnings, but the press release provided no financial figures such as revenue, EPS,
Mar 30, 2026
NEUTRAL
DEFA14A
3/10
Proxy statement for Progress Software Corporation's 2026 Annual Meeting, filed by the registrant. Proposals include elec
Mar 25, 2026
Top Institutional Holders
| Fund | Value | Move |
|---|---|---|
| VANGUARD GROUP INC | $244.3M | — |
| MORGAN STANLEY | $25.3M | TRIM |
| BANK OF AMERICA CORP | $24.4M | — |
| CHARLES SCHWAB INVESTMENT MANAGEMENT | $24.0M | NEW |
| FMR LLC | $20.9M | TRIM |
Recent Insider Trades
| Date | Insider | Type | Value |
|---|---|---|---|
| May 19, 2026 | FOLGER ANTHONY | SELL | $118.3K |
| May 18, 2026 | WANG YUFAN | SELL | $42.7K |
| Apr 1, 2026 | Gupta Yogesh | M | $0.00 |
| Apr 1, 2026 | WANG YUFAN | M | $0.00 |
| Apr 1, 2026 | LoCoco Domenic | M | $0.00 |
Reddit Sentiment
33°
Cool
Bearish
Neutral
Bullish
Congressional Trades
1 members: 0 buys, 1 sells
| Member | Party | Type | Amount |
|---|---|---|---|
| Kevin Hern | R | SELL | $50,001 - $100,000 |
7 institutional holders with $365.5M total value (8,508,460 shares) as of 2025-Q4. Top holders: VANGUARD, MORGAN, BANK. Net selling activity: 2 institutions trimmed/exited vs 1 added.
Top Institutional Holders — 2025-Q4
| # | Fund | Shares | Value | % of Tracked | Last Move |
|---|---|---|---|---|---|
| 1 | VANGUARD GROUP INC | 5,687,127 | $244.3M | 66.8% | — |
| 2 | MORGAN STANLEY | 589,875 | $25.3M | 6.9% | TRIM -41.6% |
| 3 | BANK OF AMERICA CORP /DE/ | 567,399 | $24.4M | 6.7% | — |
| 4 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 558,855 | $24.0M | 6.6% | NEW |
| 5 | FMR LLC | 486,757 | $20.9M | 5.7% | TRIM -33.7% |
| 6 | TWO SIGMA INVESTMENTS, LP | 317,048 | $13.6M | 3.7% | DOUBLED +166.4% |
| 7 | WELLS FARGO & COMPANY/MN | 301,399 | $12.9M | 3.5% | — |
Recent Position Changes
| Fund | Action | Prev Shares | Curr Shares | Change % | Value | Quarter |
|---|---|---|---|---|---|---|
| FMR LLC | TRIM | 734,265 | 486,757 | -33.7% | $20.9M | 2025-Q4 |
| TWO SIGMA INVESTMENTS, LP | DOUBLED | 119,001 | 317,048 | +166.4% | $13.6M | 2025-Q4 |
| RENAISSANCE TECHNOLOGIES LLC | EXIT | 56,965 | 0 | -100.0% | $0.00 | 2025-Q4 |
| MORGAN STANLEY | TRIM | 846,514 | 494,382 | -41.6% | $21.7M | 2025-Q3 |
| TWO SIGMA INVESTMENTS, LP | ADD | 60,619 | 119,001 | +96.3% | $5.2M | 2025-Q3 |
| RENAISSANCE TECHNOLOGIES LLC | NEAR_EXIT | 340,629 | 56,965 | -83.3% | $2.5M | 2025-Q3 |
| NORGES BANK | EXIT | 38,300 | 0 | -100.0% | $0.00 | 2025-Q3 |
| RENAISSANCE TECHNOLOGIES LLC | TRIM | 539,029 | 340,629 | -36.8% | $21.7M | 2025-Q2 |
| UBS Group AG | ADD | 199,525 | 298,714 | +49.7% | $19.1M | 2025-Q2 |
| NORGES BANK | NEW | — | 38,300 | — | $2.4M | 2025-Q2 |
| RENAISSANCE TECHNOLOGIES LLC | TRIM | 920,640 | 539,029 | -41.5% | $27.8M | 2025-Q1 |
| UBS Group AG | DOUBLED | 77,159 | 199,525 | +158.6% | $10.3M | 2025-Q1 |
| TWO SIGMA INVESTMENTS, LP | NEW | — | 68,740 | — | $3.5M | 2025-Q1 |
| CITADEL ADVISORS LLC | TRIM | 82,532 | 54,988 | -33.4% | $2.8M | 2025-Q1 |
| NORGES BANK | EXIT | 148,877 | 0 | -100.0% | $0.00 | 2025-Q1 |
| CITADEL ADVISORS LLC | TRIM | 221,182 | 82,532 | -62.7% | $5.4M | 2024-Q4 |
| UBS Group AG | DOUBLED | 26,704 | 77,159 | +188.9% | $5.0M | 2024-Q4 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | NEW | — | 478,945 | — | $32.3M | 2024-Q3 |
7 unique insiders with 5 transactions. Net insider value: -$1.0M ($0.00 bought, $1.0M sold).
Insider Transactions
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| May 19, 2026 | FOLGER ANTHONY | Chief Financial Officer | SELL | 4,074 | $29.05 | $118.3K |
| May 18, 2026 | WANG YUFAN STEPHANIE | Chief Legal Officer | SELL | 1,500 | $28.44 | $42.7K |
| Apr 1, 2026 | Gupta Yogesh K | Chief Executive Officer | M | 6,809 | $0.00 | $0.00 |
| Apr 1, 2026 | WANG YUFAN STEPHANIE | Chief Legal Officer | M | 1,070 | $0.00 | $0.00 |
| Apr 1, 2026 | LoCoco Domenic | Chief Accounting Officer | M | 886 | $0.00 | $0.00 |
| Apr 1, 2026 | WANG YUFAN STEPHANIE | Chief Legal Officer | F | 486 | $24.96 | $12.1K |
| Apr 1, 2026 | Subramanian Sundar | EVP/GM Infrastructure Mgmt | M | 1,168 | $0.00 | $0.00 |
| Apr 1, 2026 | Jarrett Loren | EVP/GM Digital Experience | F | 495 | $24.96 | $12.4K |
| Apr 1, 2026 | Gupta Yogesh K | Chief Executive Officer | F | 3,293 | $24.96 | $82.2K |
| Apr 1, 2026 | FOLGER ANTHONY | Chief Financial Officer | M | 2,529 | $0.00 | $0.00 |
| Apr 1, 2026 | Subramanian Sundar | EVP/GM Infrastructure Mgmt | F | 519 | $24.96 | $13.0K |
| Apr 1, 2026 | Jarrett Loren | EVP/GM Digital Experience | M | 1,168 | $0.00 | $0.00 |
| Apr 1, 2026 | FOLGER ANTHONY | Chief Financial Officer | M | 2,529 | $0.00 | $0.00 |
| Apr 1, 2026 | Ainsworth John | EVP/GM App & Data Platform | F | 519 | $24.96 | $13.0K |
| Apr 1, 2026 | WANG YUFAN STEPHANIE | Chief Legal Officer | M | 1,070 | $0.00 | $0.00 |
| Apr 1, 2026 | LoCoco Domenic | Chief Accounting Officer | M | 886 | $0.00 | $0.00 |
| Apr 1, 2026 | LoCoco Domenic | Chief Accounting Officer | F | 261 | $24.96 | $6.5K |
| Apr 1, 2026 | Subramanian Sundar | EVP/GM Infrastructure Mgmt | M | 1,168 | $0.00 | $0.00 |
| Apr 1, 2026 | Ainsworth John | EVP/GM App & Data Platform | M | 1,168 | $0.00 | $0.00 |
| Apr 1, 2026 | FOLGER ANTHONY | Chief Financial Officer | F | 1,122 | $24.96 | $28.0K |
| Apr 1, 2026 | Jarrett Loren | EVP/GM Digital Experience | M | 1,168 | $0.00 | $0.00 |
| Apr 1, 2026 | Gupta Yogesh K | Chief Executive Officer | M | 6,809 | $0.00 | $0.00 |
| Apr 1, 2026 | Ainsworth John | EVP/GM App & Data Platform | M | 1,168 | $0.00 | $0.00 |
| Mar 11, 2026 | Subramanian Sundar | EVP/GM Infrastructure Mgmt | SELL | 1,600 | $38.28 | $61.2K |
| Mar 11, 2026 | Subramanian Sundar | EVP/GM Infrastructure Mgmt | M | 1,600 | $0.00 | $0.00 |
| Mar 11, 2026 | Subramanian Sundar | EVP/GM Infrastructure Mgmt | M | 1,600 | $38.06 | $60.9K |
| Mar 10, 2026 | Subramanian Sundar | EVP/GM Infrastructure Mgmt | M | 2,420 | $38.06 | $92.1K |
| Mar 10, 2026 | Subramanian Sundar | EVP/GM Infrastructure Mgmt | SELL | 16,427 | $37.48 | $615.7K |
| Mar 10, 2026 | Subramanian Sundar | EVP/GM Infrastructure Mgmt | M | 2,420 | $0.00 | $0.00 |
| Feb 3, 2026 | FOLGER ANTHONY | Chief Financial Officer | SELL | 5,184 | $39.88 | $206.7K |
| Feb 1, 2026 | FOLGER ANTHONY | Chief Financial Officer | M | 22,000 | $0.00 | $0.00 |
| Feb 1, 2026 | FOLGER ANTHONY | Chief Financial Officer | F | 9,757 | $40.57 | $395.8K |
| Feb 1, 2026 | FOLGER ANTHONY | Chief Financial Officer | M | 22,000 | $0.00 | $0.00 |
| Feb 1, 2026 | Ainsworth John | EVP/GM App & Data Platform | M | 10,154 | $0.00 | $0.00 |
| Feb 1, 2026 | Ainsworth John | EVP/GM App & Data Platform | F | 4,504 | $40.57 | $182.7K |
| Feb 1, 2026 | Ainsworth John | EVP/GM App & Data Platform | M | 10,154 | $0.00 | $0.00 |
| Feb 1, 2026 | Subramanian Sundar | EVP/GM Infrastructure Mgmt | M | 10,154 | $0.00 | $0.00 |
| Feb 1, 2026 | Subramanian Sundar | EVP/GM Infrastructure Mgmt | F | 4,504 | $40.57 | $182.7K |
| Feb 1, 2026 | Subramanian Sundar | EVP/GM Infrastructure Mgmt | M | 10,154 | $0.00 | $0.00 |
| Feb 1, 2026 | WANG YUFAN STEPHANIE | Chief Legal Officer | M | 9,309 | $0.00 | $0.00 |
| Feb 1, 2026 | WANG YUFAN STEPHANIE | Chief Legal Officer | F | 4,221 | $40.57 | $171.2K |
| Feb 1, 2026 | WANG YUFAN STEPHANIE | Chief Legal Officer | M | 9,309 | $0.00 | $0.00 |
| Feb 1, 2026 | Gupta Yogesh K | Chief Executive Officer | M | 59,230 | $0.00 | $0.00 |
| Feb 1, 2026 | Gupta Yogesh K | Chief Executive Officer | M | 59,230 | $0.00 | $0.00 |
| Feb 1, 2026 | Gupta Yogesh K | Chief Executive Officer | F | 28,638 | $40.57 | $1.2M |
| Feb 1, 2026 | Jarrett Loren | EVP/GM Digital Experience | M | 10,154 | $0.00 | $0.00 |
| Feb 1, 2026 | Jarrett Loren | EVP/GM Digital Experience | F | 4,301 | $40.57 | $174.5K |
| Feb 1, 2026 | Jarrett Loren | EVP/GM Digital Experience | M | 10,154 | $0.00 | $0.00 |
2 SEC filing reports analyzed. Sentiment: 0 bullish, 0 bearish, 0 mixed, 2 neutral. Avg impact: 2.5/10.
Current analyst consensus: Strong Buy (85% buy). Based on 13 analysts: 7 strong buy, 4 buy, 2 hold, 0 sell, 0 strong sell.
Analyst Price Targets
$50.83 mean target
+61.8% upside
Strong Buy (3.00)
$34.00 Low
$83.00 High
| Metric | Value |
|---|---|
| Current Price | $31.42 |
| Target Low | $34.00 |
| Target Mean | $50.83 |
| Target Median | $45.50 |
| Target High | $83.00 |
| # Analysts | 6 |
| Recommendation | Strong Buy (3.00) |
Earnings Estimates & Revisions
| Period | EPS Avg | EPS Low | EPS High | EPS Growth | 30d Rev. | Up/Down | Rev. Avg | Rev. Growth | Analysts |
|---|---|---|---|---|---|---|---|---|---|
| Current Q 2026-05-31 |
$1.49 | $1.47 | $1.50 | 6.4% | +6.0% | 6↑ 0↓ | $0.2B | 2.3% | 6 |
| Next Q 2026-08-31 |
$1.45 | $1.41 | $1.48 | -3.5% | +0.7% | 2↑ 4↓ | $0.2B | 0.1% | 6 |
| Current FY 2026-11-30 |
$5.98 | $5.95 | $6.02 | 4.6% | +1.8% | 6↑ 0↓ | $1.0B | 1.7% | 6 |
| Next FY 2027-11-30 |
$6.06 | $5.99 | $6.11 | 1.3% | +1.7% | 6↑ 0↓ | $1.0B | 1.1% | 6 |
Current Quarter EPS Revision History
| Timepoint | EPS Estimate | Change |
|---|---|---|
| Current | $1.489 | |
| 7d ago | $1.405 | +0.085 |
| 30d ago | $1.405 | +0.085 |
| 60d ago | $1.405 | +0.085 |
| 90d ago | $1.375 | +0.115 |
5 analyst firms have rated this stock: 0 upgrades, 0 downgrades, 0 initiations.
Individual Analyst Actions
| Date | Analyst Firm | Action | Previous Rating | New Rating |
|---|---|---|---|---|
| Apr 1, 2026 | Citigroup | MAINTAIN | Buy | Buy |
| Mar 31, 2026 | Jefferies | MAINTAIN | Hold | Hold |
| Mar 31, 2026 | Wedbush | MAINTAIN | Outperform | Outperform |
| Mar 31, 2026 | Oppenheimer | MAINTAIN | Outperform | Outperform |
| Mar 25, 2026 | DA Davidson | MAINTAIN | Buy | Buy |
| Feb 4, 2026 | DA Davidson | MAINTAIN | Buy | Buy |
| Jan 22, 2026 | Citigroup | MAINTAIN | Buy | Buy |
| Jan 22, 2026 | Wedbush | MAINTAIN | Outperform | Outperform |
| Jan 16, 2026 | Citigroup | MAINTAIN | Buy | Buy |
| Jan 15, 2026 | DA Davidson | MAINTAIN | Buy | Buy |
| Jan 5, 2026 | Jefferies | MAINTAIN | Hold | Hold |
Monthly Consensus History
| Period | Strong Buy | Buy | Hold | Sell | Strong Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Jun 1, 2026 | 7 | 4 | 2 | 0 | 0 | 85% | |
| May 1, 2026 | 7 | 4 | 2 | 0 | 0 | 85% | |
| Apr 1, 2026 | 7 | 4 | 2 | 0 | 0 | 85% | |
| Mar 1, 2026 | 7 | 4 | 2 | 0 | 0 | 85% | |
| Feb 1, 2026 | 7 | 4 | 2 | 0 | 0 | 85% | |
| Jan 1, 2026 | 6 | 4 | 2 | 0 | 0 | 83% |
Strong BuyBuyHoldSellStrong Sell
1 members of Congress traded this stock: 0 buys, 1 sells.
Congressional Trades
| Date | Member | Party | Chamber | Type | Amount | Asset | Disclosed |
|---|---|---|---|---|---|---|---|
| Mar 16, 2026 | Kevin Hern | R | HOUSE | SELL | $50,001 - $100,000 | Progress Software Corp | Apr 6, 2026 (22d) |
33°
Cool
Bearish
Neutral
Bullish
2 mentions
0 bullish
2 bearish
2 time periods
Reddit Sentiment History
| Date | Mentions | Sentiment | Bullish | Bearish | Threads |
|---|---|---|---|---|---|
| May 23, 2026 | 1 | 40° Cool | 0 | 1 | 1 |
| May 23, 2026 | 1 | 40° Cool | 0 | 1 | 1 |
Recent Reddit Threads
May 14, 2026
routine
Progress Agentic RAG Named 2026 AI Excellence Award Winner for Advancing Retrieval-Augmented Generation
<p align="center"><em>Recognition underscores Progress Software’s innovation in removing barriers to GenAI research and making trustworthy RAG accessi
Apr 7, 2026
short_volume
Short Volume: PRGS — 67.0% short (0.4M / 0.6M)
Short: 424,228 | Exempt: 110 | TRF Vol: 632,858 | Short Ratio: 67.0% | Off-exchange volume (dark pool + OTC)
Apr 6, 2026
short_volume
Short Volume: PRGS — 56.8% short (0.4M / 0.7M)
Short: 388,050 | Exempt: 311 | TRF Vol: 682,613 | Short Ratio: 56.8% | Off-exchange volume (dark pool + OTC)
Mar 31, 2026
other
Progress Software Delivers Sitefinity Generative CMS for AI-Driven Discovery and Conversational Experiences
<p align="center"><em>Sitefinity Generative CMS enables organizations to securely deliver AI-powered search, personalization and conversational experi
Mar 30, 2026
earnings
Progress Software Reports Fiscal First Quarter 2026
<p>BURLINGTON, Mass., March 30, 2026 (GLOBE NEWSWIRE) -- <a href="https://www.globenewswire.com/Tracker?data=yDBKnxRmZCNefB_hxPOB2qm5kmYEEKIcr_zmtHX
Mar 30, 2026
short_volume
Short Volume: PRGS — 61.7% short (0.3M / 0.6M)
Short: 344,821 | Exempt: 201 | TRF Vol: 558,714 | Short Ratio: 61.7% | Off-exchange volume (dark pool + OTC)
Mar 30, 2026
earnings_calendar
PRGS Q1 2026 Earnings Scheduled — 2026-03-30
Mar 26, 2026
short_volume
Short Volume: PRGS — 65.3% short (0.4M / 0.6M)
Short: 360,399 | Exempt: 201 | TRF Vol: 551,518 | Short Ratio: 65.3% | Off-exchange volume (dark pool + OTC)
Mar 16, 2026
earnings
Progress Software to Report First Quarter 2026 Financial Results on March 30, 2026
<p>BURLINGTON, Mass., March 16, 2026 (GLOBE NEWSWIRE) -- <a href="https://www.globenewswire.com/Tracker?data=-VFxUR4nfJqPTqCC-DckQjxgzav543HKUSP_wVm
Feb 9, 2026
short_interest
FTD: PRGS — 12,093 shares ($0.5M) failed to deliver
Settlement: 20260209, Price: $42.99, FTD Value: $519,878.07, PROGRESS SOFTWARE CORP (DE)