Progress Software Company Insiders

PRGS Stock  USD 51.63  0.20  0.39%   
Progress Software's insiders are aggressively selling. The analysis of insider sentiment suggests that vertually all Progress Software insiders are, at present, panicking. Progress Software employs about 2.3 K people. The company is managed by 45 executives with a total tenure of roughly 327 years, averaging almost 7.0 years of service per executive, having 50.76 employees per reported executive.
Philip Pead  CEO
CEO and President and Executive Director
Yogesh Gupta  CEO
President CEO, Director

Progress Software's Insider Buying Vs Selling

0

 
Selling
 
Buying

Latest Trades

2024-04-11David KrallDisposed 20000 @ 51View
2024-03-01Sundar SubramanianDisposed 5799 @ 52.58View
2024-02-09Sundar SubramanianDisposed 2475 @ 57.38View
2024-02-02Ian PittDisposed 3168 @ 57.4View
2024-02-01Yogesh K GuptaDisposed 40174 @ 56.95View
2024-01-31Anthony FolgerDisposed 7500 @ 57.31View
2024-01-18Domenic LococoDisposed 4503 @ 57View
2024-01-08Sundar SubramanianDisposed 750 @ 52.12View
2023-12-01Sundar SubramanianDisposed 2119 @ 53.64View
2023-11-17Ian PittDisposed 3222 @ 53.51View
2023-11-15Sundar SubramanianDisposed 1704 @ 53.88View
2023-11-08Domenic LococoDisposed 300 @ 52.84View
2023-11-06Kathryn KulikoskiDisposed 1060 @ 52View
2023-10-02Kathryn KulikoskiDisposed 1487 @ 52.5View
2023-09-01Kathryn KulikoskiDisposed 3265 @ 61.06View
2023-08-21Anthony FolgerDisposed 10000 @ 58.99View
2023-08-18Anthony FolgerDisposed 2513 @ 58.44View
Monitoring Progress Software's insider sentiment can offer insights into its future performance, as insiders often have access to more information about their company's operations, financial health, and upcoming initiatives than the general public. However, it's essential to note that insider trading is regulated by securities laws, and insiders are required to disclose their trades publicly to ensure transparency and prevent unfair advantages based on non-public information.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Progress Software. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Progress Stock please use our How to Invest in Progress Software guide.

Progress Software's Workforce Through the Years

Please note that employee historical analysis has become an increasingly important factor for investors assessing the risk associated with Progress Software's future performance. Based on our forecasts, it is anticipated that Progress will maintain a workforce of slightly above 2280 employees by May 2024.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid

Progress Software's latest congressional trading

Congressional trading in companies like Progress Software, is subject to rigorous scrutiny to prevent conflicts of interest and insider trading. This is governed by multiple SEC regulations which were established to foster transparency and deter members of Congress from leveraging non-public information for personal gain. This oversight helps maintain public trust and ensures that investments in Progress Software by those in governmental positions are based on the same information available to the general public.
2021-09-02Representative Kevin HernAcquired $15K to $50KVerify
2019-06-24Representative Donna ShalalaDisposed Under $15KVerify

Progress Software Management Team Effectiveness

The company has return on total asset (ROA) of 0.0499 % which means that it generated a profit of $0.0499 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1581 %, meaning that it created $0.1581 on every $100 dollars invested by stockholders. Progress Software's management efficiency ratios could be used to measure how well Progress Software manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Progress Software's Return On Capital Employed is comparatively stable compared to the past year. Return On Assets is likely to gain to 0.08 in 2024, whereas Return On Tangible Assets are likely to drop 0.08 in 2024. At this time, Progress Software's Fixed Asset Turnover is comparatively stable compared to the past year. Return On Assets is likely to gain to 0.08 in 2024, whereas Total Current Assets are likely to drop slightly above 288.8 M in 2024.
Common Stock Shares Outstanding is likely to gain to about 44.4 M in 2024. Net Income Applicable To Common Shares is likely to gain to about 114.8 M in 2024

Progress Software Workforce Comparison

Progress Software is regarded fifth in number of employees category among related companies. The total workforce of Information Technology industry is at this time estimated at about 27,950. Progress Software holds roughly 2,284 in number of employees claiming about 8% of equities under Information Technology industry.

Progress Software Profit Margins

The company has Profit Margin (PM) of 0.1 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.21 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.21.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.620.74
Fairly Down
Pretty Stable

Progress Software Insider Trading History

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Progress Software insiders, such as employees or executives, is commonly permitted as long as it does not rely on Progress Software's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases, Progress Software insiders must file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Buy/Sell Ratio# Purchases Trades# Sales TradesTotal Shares PurchasedTotal Shares Sold
2024-06-01
0.4727
26
55
 41,978 
 113,186 
2024-03-01
1.1667
35
30
 717,733 
 411,441 
2023-12-01
0.4545
30
66
 47,068 
 81,925 
2023-09-01
0.9333
14
15
 219,213 
 334,476 
2023-06-01
0.4194
26
62
 71,872 
 164,850 
2023-03-01
1.3226
41
31
 703,079 
 339,861 
2022-12-01
0.4321
35
81
 43,228 
 103,168 
2022-06-01
0.5
28
56
 72,014 
 88,558 
2022-03-01
1.8182
40
22
 685,452 
 236,597 
2021-12-01
0.4118
28
68
 77,361 
 214,367 
2021-06-01
0.6731
35
52
 226,872 
 146,364 
2021-03-01
2.3571
33
14
 498,356 
 80,663 
2020-12-01
0.537
29
54
 38,464 
 60,450 
2020-06-01
0.75
33
44
 116,284 
 44,914 
2020-03-01
1.6667
35
21
 460,382 
 165,492 
2019-12-01
0.5
37
74
 102,802 
 146,859 
2019-06-01
0.4762
30
63
 29,447 
 106,555 
2018-12-01
0.5753
42
73
 153,506 
 189,159 
2018-06-01
0.9
27
30
 83,631 
 45,116 
2017-12-01
0.5
16
32
 35,443 
 50,288 
2017-09-01
0.5
1
2
 14,737 
 25,858 
2017-06-01
1.0455
23
22
 56,021 
 40,908 
2017-03-01
2.3077
30
13
 544,845 
 1,040,013 
2016-12-01
0.6042
29
48
 332,464 
 198,930 
2016-06-01
0.7083
51
72
 324,334 
 248,980 
2016-03-01
3.0
18
6
 271,317 
 68,046 
2015-12-01
0.561
46
82
 216,929 
 282,262 
2015-09-01
0.5
3
6
 43,270 
 86,540 
2015-06-01
0.6829
56
82
 290,175 
 314,247 
2015-03-01
2.0769
27
13
 384,263 
 104,594 
2014-12-01
0.6087
70
115
 335,607 
 475,836 
2014-09-01
0.4348
10
23
 109,010 
 135,223 
2014-06-01
0.4912
56
114
 392,518 
 618,014 
2014-03-01
5.375
43
8
 978,085 
 90,347 
2013-12-01
1.2391
57
46
 124,429 
 102,128 
2013-09-01
0.0667
4
60
 39,937 
 760,862 
2013-06-01
1.6667
10
6
 135,382 
 35,179 
2013-03-01
4.0
4
1
 338,230 
 0.00 
2012-12-01
0.1053
2
19
 25,933 
 72,577 
2012-06-01
1.1
22
20
 327,896 
 936,648 
2012-03-01
2.8889
26
9
 135,125 
 88,000 
2011-12-01
0.5556
45
81
 713,823 
 845,404 
2011-09-01
0.4762
10
21
 104,374 
 89,493 
2011-06-01
0.6306
70
111
 681,669 
 482,931 
2011-03-01
0.7321
41
56
 220,516 
 295,341 
2010-12-01
0.4603
29
63
 133,417 
 282,653 
2010-09-01
1.0
4
4
 23,833 
 21,222 
2010-06-01
1.0
39
39
 797,966 
 503,893 
2010-03-01
0.7857
22
28
 343,831 
 155,221 
2009-12-01
0.6765
23
34
 169,706 
 194,879 
2009-09-01
0.5
1
2
 25,000 
 1,297 
2009-06-01
5.6667
17
3
 147,050 
 31,500 
2009-03-01
2.0
2
1
 25,800 
 800.00 
2008-12-01
2.0
14
7
 419,780 
 222,004 
2008-06-01
2.125
17
8
 250,987 
 97,240 
2008-03-01
0.6667
10
15
 25,250 
 45,533 
2007-12-01
0.6301
46
73
 750,749 
 1,026,505 
2007-09-01
0.3846
5
13
 194,802 
 395,707 
2007-06-01
2.0
12
6
 239,327 
 58,000 
2007-03-01
0.1538
2
13
 1,350 
 85,606 
2006-12-01
1.3333
44
33
 2,499,810 
 1,872,869 
2006-09-01
1.1429
8
7
 190,500 
 63,223 
2006-06-01
0.8667
13
15
 208,100 
 96,200 
2006-03-01
0.35
7
20
 16,438 
 122,694 
2005-12-01
0.7342
58
79
 674,691 
 955,465 
2005-09-01
0.4904
51
104
 696,365 
 1,430,686 
2005-06-01
0.3131
31
99
 314,554 
 977,096 
2005-03-01
0.6875
11
16
 165,983 
 304,296 
2004-12-01
0.2727
9
33
 53,800 
 281,009 
2004-09-01
2.0
14
7
 295,682 
 14,864 
2004-06-01
0.7273
8
11
 309,796 
 247,705 
2004-03-01
0.3636
4
11
 27,800 
 66,814 
2003-12-01
0.7
21
30
 632,858 
 588,813 
2003-09-01
0.1333
2
15
 13,000 
 138,300 

Progress Software Notable Stakeholders

A Progress Software stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as Progress Software often face trade-offs trying to please all of them. Progress Software's stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting Progress Software's stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
Philip PeadCEO and President and Executive DirectorProfile
Yogesh GuptaPresident CEO, DirectorProfile
John EganIndependent Non-Executive Chairman of the BoardProfile
Michael BenedictPresident-Data Connectivity and Integration Business UnitProfile
YuFan WangChief PresidentProfile
Dimitre TaslakovSenior Vice President ,Chief Talent OfficerProfile
John AinsworthSenior Vice President Products--CoreProfile
Karen PadirPresident of Application Devel. and Deployment Bus. UnitProfile
Svetozar GeorgievSenior Vice President-Application PlatformsProfile
Gary QuinnSenior Vice President Core Field OrganizationProfile
David BensonExecutive Vice President CIOProfile
Vassil TerzievSenior Vice President , Chief Innovation OfficerProfile
Stephen FabermanSenior Vice President General CounselProfile
Anthony FolgerExecutive CFOProfile
Chris PerkinsCFO and Sr. VP of Fin. and Admin.Profile
Kurt AbkemeierCFOProfile
Jerry RulliCOOProfile
Dmitri TcherevikCTOProfile
Matthew RobinsonCTOProfile
Mathew RobinsonCTOProfile
Matt RobinsonCTOProfile
Charles KaneIndependent DirectorProfile
Barry BycoffDirectorProfile
Paul DacierIndependent DirectorProfile
Angela TucciDirectorProfile
Ram GuptaIndependent DirectorProfile
Sam KingDirectorProfile
Rainer GawlickIndependent DirectorProfile
Michael MarkIndependent DirectorProfile
Samskriti KingIndependent DirectorProfile
David KrallIndependent DirectorProfile
Brian FlanaganTreasurer, DirectorProfile
Paul JalbertChief Accounting Officer, VP and Corporate ControllerProfile
Sundar SubramanianExecutive ManagementProfile
Faris SweisChief Transformation OfficerProfile
Katie KulikoskiEx OfficerProfile
Robert StewardChief Product Development OfficerProfile
Ian PittExecutive OfficerProfile
Jennifer OrtizExecutive MarketingProfile
Domenic LococoChief OfficerProfile
Melissa PulsChief Marketing OfficerProfile
Mitch BreenChief Revenue OfficerProfile
Jeremy SegalExecutive DevelopmentProfile
Anthony MurphyCIO andChief Information Security OfficerProfile
Loren JarrettChief Marketing OfficerProfile

About Progress Software Management Performance

The success or failure of an entity such as Progress Software often depends on how effective the management is. Progress Software management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Progress management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Progress management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.15  0.08 
Return On Capital Employed 0.10  0.18 
Return On Assets 0.05  0.08 
Return On Equity 0.18  0.14 
The data published in Progress Software's official financial statements usually reflect Progress Software's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Progress Software. For example, before you start analyzing numbers published by Progress accountants, it's critical to develop an understanding of what Progress Software's liquidity, profitability, and earnings quality are in the context of the Software space in which it operates.
Please note, the presentation of Progress Software's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Progress Software's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Progress Software's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Progress Software. Please utilize our Beneish M Score to check the likelihood of Progress Software's management manipulating its earnings.

Progress Software Workforce Analysis

Traditionally, organizations such as Progress Software use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare Progress Software within its industry.

Progress Software Manpower Efficiency

Return on Progress Software Manpower

Revenue Per Employee304K
Revenue Per Executive15.4M
Net Income Per Employee30.7K
Net Income Per Executive1.6M
When determining whether Progress Software is a strong investment it is important to analyze Progress Software's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Progress Software's future performance. For an informed investment choice regarding Progress Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Progress Software. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Progress Stock please use our How to Invest in Progress Software guide.
Note that the Progress Software information on this page should be used as a complementary analysis to other Progress Software's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

Complementary Tools for Progress Stock analysis

When running Progress Software's price analysis, check to measure Progress Software's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Progress Software is operating at the current time. Most of Progress Software's value examination focuses on studying past and present price action to predict the probability of Progress Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Progress Software's price. Additionally, you may evaluate how the addition of Progress Software to your portfolios can decrease your overall portfolio volatility.
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Is Progress Software's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Progress Software. If investors know Progress will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Progress Software listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.04)
Dividend Share
0.7
Earnings Share
1.55
Revenue Per Share
16.404
Quarterly Revenue Growth
0.125
The market value of Progress Software is measured differently than its book value, which is the value of Progress that is recorded on the company's balance sheet. Investors also form their own opinion of Progress Software's value that differs from its market value or its book value, called intrinsic value, which is Progress Software's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Progress Software's market value can be influenced by many factors that don't directly affect Progress Software's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Progress Software's value and its price as these two are different measures arrived at by different means. Investors typically determine if Progress Software is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Progress Software's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.