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Progress Software (NASDAQ:PRGS) Stock, Insider Trading Activity
Progress Software: Insider buying and selling updated today.
What is Insider Activity?
Insider trading activity involves company insiders, such as executives, directors, and employees, engaging in transactions of their own company's stock. Insiders' buy and sell transactions provide valuable insights into their confidence in the company's future performance.
What are Progress Software Corp Insiders Doing?
At Progress Software Corp, recent insider activity has drawn attention. Over the last 30 days, insiders have reported selling a total of 12.06K shares worth $921.66K, meanwhile, insiders have report no purchases in the last 30 days.
Notable Recent Insider Buys and Sales
- On November 5, 2024, Sundar Subramanian, the company's EVP/GM INFRASTRUCTURE MGMT sold 649 shares for $64.02 each.
- On November 5, 2024, Loren Jarrett, the company's EVP/GM DIGITAL EXPERIENCE sold 1.67K shares for $63.97 each.
- On October 24, 2024, Ian Pitt, the company's CHIEF INFORMATION OFFICER sold 1.75K shares for $65.07 each.
Ownership Statistics for Progress Software Corp
Shares Outstanding
42.776M
Insider Shares Owned
3.959M
Insider Percentage Owned
9.23%
Institutional Shares Held
32.866M
Institutional Percentage Held
76.6%
Data brought to you by Benzinga APIs
FAQ
Is insider trading legal?
Insider trading is legal so long as the insiders report those trades to the SEC. Illegal securities trading occurs when the insider is violating a fiduciary duty or fails to report their trades.
What are some examples of market manipulation?
Insider trading, pump and dump schemes, front running and wash trades are all examples of market manipulation. Investors who track insider asset movement should think carefully about why these insiders are trading their stocks before moving forward.
Browse insider trades on all stocks.