Shares of Progress Software Co. (NASDAQ:PRGS – Get Rating) have been assigned a consensus recommendation of “Moderate Buy” from the seven research firms that are covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month price […]
Progress Software Co. (NASDAQ:PRGS – Get Rating) EVP Loren Jarrett sold 46,028 shares of the stock in a transaction that occurred on Thursday, April 20th. The stock was sold at an average price of $56.57, for a total transaction of $2,603,803.96. Following the completion of the transaction, the executive vice president now owns 9,961 shares […]
Progress Software Co. (NASDAQ:PRGS – Get Rating) Director Charles Francis Kane sold 20,000 shares of the company’s stock in a transaction on Wednesday, April 5th. The shares were sold at an average price of $54.34, for a total value of $1,086,800.00. Following the completion of the transaction, the director now directly owns 68,175 shares in […]
Kendall Capital Management lessened its position in Progress Software Co. (NASDAQ:PRGS – Get Rating) by 14.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,675 shares of the software maker’s stock after selling 2,365 shares during the quarter. Kendall […]
Progress Software Co. (NASDAQ:PRGS – Get Rating) CFO Anthony Folger sold 3,775 shares of the company’s stock in a transaction dated Tuesday, April 4th. The shares were sold at an average price of $55.84, for a total value of $210,796.00. Following the sale, the chief financial officer now owns 22,116 shares in the company, valued […]
Progress Software Co. (NASDAQ:PRGS – Get Rating) – Jefferies Financial Group decreased their Q2 2023 earnings estimates for Progress Software in a report issued on Wednesday, March 29th. Jefferies Financial Group analyst B. Thill now anticipates that the software maker will post earnings per share of $0.65 for the quarter, down from their prior forecast […]
Progress Software (NASDAQ:PRGS – Get Rating) had its target price raised by Citigroup from $54.00 to $57.00 in a research note issued to investors on Thursday morning, The Fly reports. They currently have a neutral rating on the software maker’s stock. Several other equities research analysts have also recently weighed in on the stock. StockNews.com […]
Progress Software (NASDAQ:PRGS – Get Rating) had its price objective upped by JPMorgan Chase & Co. from $57.00 to $65.00 in a research report report published on Wednesday, Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the software maker’s stock. PRGS has been the subject of several other research reports. Oppenheimer […]
Progress Software (NASDAQ:PRGS – Get Rating) had its price objective increased by Oppenheimer from $53.00 to $63.00 in a research report report published on Wednesday, The Fly reports. Oppenheimer currently has an outperform rating on the software maker’s stock. A number of other research analysts have also recently commented on PRGS. Guggenheim increased their price […]
Progress Software (NASDAQ:PRGS – Get Rating) issued its earnings results on Tuesday. The software maker reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.14, Briefing.com reports. Progress Software had a net margin of 15.79% and a return on equity of 41.04%. The business had revenue of $165.61 […]