Progress Software (PRGS) News Today

State Board of Administration of Florida Retirement System grew its position in Progress Software Co. (NASDAQ:PRGS - Free Report) by 63.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 34,115 shares of the software

Edgestream Partners L.P. lessened its holdings in Progress Software Co. (NASDAQ:PRGS - Free Report) by 62.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 29,784 shares of the software maker's stock after s

Shares of Progress Software Co. (NASDAQ:PRGS - Get Free Report) have received a consensus rating of "Moderate Buy" from the seven brokerages that are currently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and five have assig

Mizuho Markets Americas LLC lessened its stake in shares of Progress Software Co. (NASDAQ:PRGS - Free Report) by 3.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 519,286 shares of the software maker's stock afte

Entropy Technologies LP purchased a new position in shares of Progress Software Co. (NASDAQ:PRGS - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund purchased 9,012 shares of the software maker's stock, valued at approximately $480,000. Other

Progress Software Co. (NASDAQ:PRGS - Get Free Report) EVP Loren Jarrett sold 9,961 shares of the company's stock in a transaction that occurred on Tuesday, July 16th. The shares were sold at an average price of $55.98, for a total value of $557,616.78. Following the completion of the transaction, the executive vice president now directly owns 13,406 shares in the company, valued at $750,467.88. The transaction was disclosed in a filing with the SEC, which is available at this link.

Wedbush increased their price target on Progress Software from $67.00 to $68.00 and gave the company an "outperform" rating in a research note on Thursday.

LSV Asset Management lowered its position in Progress Software Co. (NASDAQ:PRGS - Free Report) by 23.6% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 185,800 shares of the software maker's stock after selling 57,500 shares during the quarter. LS

FORA Capital LLC boosted its stake in Progress Software Co. (NASDAQ:PRGS - Free Report) by 188.7% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,263 shares of the software maker's stock after acquiring an additional 1

Allspring Global Investments Holdings LLC grew its stake in Progress Software Co. (NASDAQ:PRGS - Free Report) by 79.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 708,324 shares of

Progress Software Co. (NASDAQ:PRGS - Free Report) - Equities researchers at DA Davidson issued their Q3 2024 earnings per share estimates for shares of Progress Software in a research report issued on Wednesday, June 26th. DA Davidson analyst L. Schreiner expects that the software maker will post

Vanguard Group Inc. boosted its position in Progress Software Co. (NASDAQ:PRGS - Free Report) by 0.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,534,242 shares of the software maker's stock afte

Progress Software NASDAQ: PRGS is a technology company within the systems software sub-industry. The stock reached its 2024 low on Jun. 20, when it was down nearly 11% year to date.

Progress Software is back in the green in 2024 after beating earnings estimates once again. Shares spiked nearly 13% on Jun. 26 2024.

Progress Software Co. (NASDAQ:PRGS - Get Free Report) has earned an average rating of "Moderate Buy" from the seven ratings firms that are currently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and five have given a buy recommendation t

Oppenheimer reaffirmed an "outperform" rating and set a $66.00 target price on shares of Progress Software in a research note on Wednesday.

Jefferies Financial Group lowered their price target on shares of Progress Software from $60.00 to $55.00 and set a "hold" rating on the stock in a report on Wednesday.

Progress Software (NASDAQ:PRGS) updated its FY 2024 earnings guidance. The company provided EPS guidance of 4.700-4.800 for the period, compared to the consensus estimate of 4.690. The company also issued revenue guidance of $725.0 millionillion-$735.0 millionillion, compared to the consensus estimate of $726.5 millionillion.

Guggenheim reiterated a "buy" rating and issued a $64.00 price objective on shares of Progress Software in a research note on Tuesday.

Progress Software (NASDAQ:PRGS) Hits New 12-Month Low at $48.79

Progress Software (NASDAQ:PRGS) will be releasing earnings after the market closes on Tuesday, June 25, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=603801)

Progress Software Co. (NASDAQ:PRGS - Get Free Report) CFO Anthony Folger sold 3,767 shares of the company's stock in a transaction on Monday, June 3rd. The stock was sold at an average price of $50.50, for a total transaction of $190,233.50. Following the transaction, the chief financial officer now owns 37,542 shares of the company's stock, valued at approximately $1,895,871. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Norges Bank bought a new stake in Progress Software Co. (NASDAQ:PRGS - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 289,153 shares of the software maker's stock, valued at approximately $15

Shares of Progress Software Co. (NASDAQ:PRGS - Get Free Report) have received an average recommendation of "Moderate Buy" from the five brokerages that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold rating and four have given a buy rating

Progress Software Co. (NASDAQ:PRGS) declared a quarterly dividend on Tuesday, March 19th. Shareholders of record on Monday, June 3rd will be given a dividend of 0.175 per share by the software maker on Monday, June 17th. This represents a $0.70 dividend on an annualized basis and a yield of 1.38%. The ex-dividend date of this dividend is Monday, June 3rd.