Mkt Cap $1B
P/E 14.2 fwd 4.6
52wk $23.82 - $65.50
3h ago
Insider selling: $10,863,690 sold by 17 insiders (30d)
Est. revisions:
+6.0%
(6 up, 0 down in 30d)
Factor Model (net +1.9)
Factor Model
net +1.9 3.7 / 10
Est. Revisions
+0.4
Insider Activity
+0.0
Momentum
+0.0
Analyst Rev.
+1.0
Narrative Gap
+0.0
Progress Software's targets cut, earnings beat
Watch: Watch upcoming earnings and guidance updates for signs of sustained revenue growth and margin expansion amid sector pressures.
Citi and Wedbush lowered Progress Software's price targets to $46 and $45 from $60 and $65 but kept Buy and Outperform ratings. Progress beat Q1 revenue and earnings estimates and raised the low end of its 2026 guidance. Three insiders bought $428K in shares, aligning with ongoing acquisition and product expansion efforts for margin and recurring revenue growth.
Despite sector headwinds and target cuts, Progress's earnings beat and insider buying suggest confidence in its strategic execution and margin improvement potential.
Evidence
3d ago
Insider buy by GAWLICK RAINER (PRGS): $74,351
3d ago
Insider buy by KRALL DAVID A (PRGS): $250,612
3d ago
Insider buy by GUPTA YOGESH K. (PRGS): $103,194
Fundamentals & Data ▾
Progress Software Corporation
Technology · Software - Infrastructure
Mkt Cap
$1B
P/E
14.2 fwd 4.6
Beta
0.76
52w Range
$23.82 - $65.50
Short Interest
4.3M 14.85%
Days to Cover
3.8 +14%
Technicals
downtrend
from 52w Hi
0.0%
1w return
+8.8%
Insiders
selling
0B / 10S
EPS Estimate
$1.49
+6.0% 30d
6up / 0dn
Est. Dispersion
2%
6 analysts
Analyst Target
$51
$34 - $83
Options P/C
0.05
Insider Cluster
strong buy
3B / 8S (officer)
Fund Convergence
strong
D.E. Shaw, Citadel, Two Sigma
Financials
Revenue
$248M +4% YoY
FCF
$96M
Gross Margin
82%
Op Margin
20%
Momentum:
decelerating
Top Holders
D.E. Shaw
$61M
Citadel
$15M
Two Sigma
$3M
Recent Filings & Data
insider trade
98
net selling
· $10,863,690 sold
· $428,157 bought
17 insiders · 98 transactions (30d)
Recent transactions
FOLGER ANTHONY · other
JARRETT LOREN · other
AINSWORTH JOHN · other
SUBRAMANIAN SUNDAR · other
LOCOCO DOMENIC · other
WANG YUFAN STEPHANIE · other
GUPTA YOGESH K. · other
SUBRAMANIAN SUNDAR · sell · $874,260
SUBRAMANIAN SUNDAR · exercise · $153,001
FOLGER ANTHONY · sell · $240,014
FOLGER ANTHONY · other
JARRETT LOREN · other
AINSWORTH JOHN · other
SUBRAMANIAN SUNDAR · other
WANG YUFAN STEPHANIE · other
GUPTA YOGESH K. · other
SUBRAMANIAN SUNDAR · sell · $57,284
PITT IAN D · sell · $18,896
FOLGER ANTHONY · sell · $254,354
WANG YUFAN STEPHANIE · sell · $66,059
FOLGER ANTHONY · other
JARRETT LOREN · other
AINSWORTH JOHN · other
PITT IAN D · other
SUBRAMANIAN SUNDAR · other
LOCOCO DOMENIC · other
WANG YUFAN STEPHANIE · other
GUPTA YOGESH K. · other
GAWLICK RAINER · buy · $74,351
AINSWORTH JOHN · exercise · $667,893
KRALL DAVID A · buy · $250,612
GUPTA YOGESH K. · buy · $103,194
FOLGER ANTHONY · sell · $292,871
GAWLICK RAINER · award · $225,032
TUCCI ANGELA · award · $225,032
KING SAMSKRITI · award · $225,032
KRALL DAVID A · award · $225,032
VITALE VIVIAN M · award · $225,032
KANE CHARLES FRANCIS · award · $225,032
DACIER PAUL T · award · $225,032
EGAN JOHN R · award · $225,032
SUBRAMANIAN SUNDAR · sell · $30,210
PITT IAN D · sell · $142,549
JARRETT LOREN · sell · $2,083,082
JARRETT LOREN · exercise · $1,290,216
GUPTA YOGESH K. · exercise · $3,482,551
WANG YUFAN STEPHANIE · sell · $83,210
PITT IAN D · sell · $39,572
FOLGER ANTHONY · other
JARRETT LOREN · other
AINSWORTH JOHN · other
PITT IAN D · other
SUBRAMANIAN SUNDAR · other
LOCOCO DOMENIC · sell · $410,407
LOCOCO DOMENIC · exercise · $323,401
WANG YUFAN STEPHANIE · other
GUPTA YOGESH K. · other
FOLGER ANTHONY · sell · $844,556
FOLGER ANTHONY · exercise · $314,900
JARRETT LOREN · sell · $560,215
PITT IAN D · sell · $83,881
LOCOCO DOMENIC · sell · $56,240
JARRETT LOREN · other
AINSWORTH JOHN · other
PITT IAN D · other
SUBRAMANIAN SUNDAR · other
GUPTA YOGESH K. · other
JARRETT LOREN · sell · $106,574
SUBRAMANIAN SUNDAR · sell · $41,549
LOCOCO DOMENIC · sell · $389,626
LOCOCO DOMENIC · exercise · $255,183
PITT IAN D · sell · $113,677
FOLGER ANTHONY · sell · $525,421
GUPTA YOGESH K. · exercise · $3,507,495
WANG YUFAN STEPHANIE · sell · $93,177
PITT IAN D · other
LOCOCO DOMENIC · other
GUPTA YOGESH K. · sell · $537,916
GUPTA YOGESH K. · other
LOCOCO DOMENIC · sell · $17,433
AINSWORTH JOHN · exercise · $672,707
JARRETT LOREN · sell · $557,617
PITT IAN D · sell · $32,120
KULIKOSKI KATHRYN · sell · $157,835
KULIKOSKI KATHRYN · exercise · $99,979
GAWLICK RAINER · award · $225,042
TUCCI ANGELA · award · $225,042
KING SAMSKRITI · award · $225,042
KRALL DAVID A · award · $225,042
VITALE VIVIAN M · award · $225,042
KANE CHARLES FRANCIS · award · $225,042
DACIER PAUL T · award · $225,042
EGAN JOHN R · award · $225,042
FOLGER ANTHONY · sell · $190,234
KULIKOSKI KATHRYN · sell · $331,143
AINSWORTH JOHN · sell · $1,563,100
WANG YUFAN STEPHANIE · sell · $39,472
SUBRAMANIAN SUNDAR · sell · $29,136
6 signals · latest 3h ago
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