Progress Software Corp /Ma (NASDAQ:PRGS)
| Market Cap | $1.78B+2.8% |
| Revenue (ttm) | $999.93M+6.4% |
| Net Income | $92.41M+90.4% |
| EPS | $2.17+98.1% |
| Shares Out | 40.87M |
| PE Ratio | 19.86 |
| Forward PE | 6.06 |
| Dividend | n/a |
| Ex-Dividend Date | Aug 30, 2024 |
| Volume | 105,987.718 |
| Open | $44.10 |
| Previous Close | $43.44 |
| Day's Range | $43.10 - $44.10 |
| 52-Week Range | $23.82 - $47.25 |
| Beta | 0.86 |
| Analysts | Buy |
| Price Target | $52.50(+20.71%) |
| Earnings Date | Jan 19, 2027 |
About PRGS
Progress Software Corporation (PRGS) specializes in providing technology solutions that enable businesses to create, launch, and oversee their software applications. The company's extensive product suite includes: OpenEdge, a powerful development platform used to construct secure, multi-language applications that can be deployed across diverse platforms, devices, and cloud infrastructures. A comprehensive set of developer tools offering user interface (UI) components for building web, mobile, desktop, chat, and augmented/virtual reality (AR/VR) applications, alongside automated testing and reporting utilities. Sitefinity, which serves as a unified platform for managing web content and performing in-depth customer analytics. Corticon, a business rules management system designed to infuse applications with decision automation, efficient change processes, and valuable insights. DataDirect Connect, ensuring seamless data connectivity between applications running on various platforms through industry-standard interfaces. MOVEit, a solution facilitating secure collaboration and the automated transfer of vital business information. Chef, an infrastructure automation platform that aids in the building, deployment, management, and security of applications across multi-cloud, hybrid, and on-premises environments. WhatsUp Gold, a dedicated tool for network monitoring. Kemp LoadMaster, offering crucial load balancing solutions. Kemp Flowmon, providing network performance monitoring and diagnostic capabilities by gathering and analyzing network telemetry data from multiple sources. Beyond its software offerings, Progress also delivers a range of services such as project management, implementation support, custom development, programming, web application enablement, and specialized training. The company markets its products to a broad customer base, including direct end-users, independent software vendors (ISVs), original equipment manufacturers (OEMs), and system integrators. Progress Software operates globally, with a presence across the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific region. Founded in 1981, its corporate headquarters are located in Burlington, Massachusetts.
What Are Insiders Doing?
View the trades behind this meter — each links to its SEC Form 4 →
Open-market Form 4 purchases (code P) vs sales (code S) on file for this company. Grants, option exercises and tax withholdings are excluded. Informational only.
Analyst consensus
1 firm rating PRGS in the last 3 months, one vote each. Issuer-paid research is not counted.
Next catalysts
- Jan 19, 2027Earnings report
$PRGS stock is featured in our Insider Score Rankings, Congress Trading, and Insider Trades datasets.
→ All Stock ListsCongress Trading
Recent trades of PRGS by members of U.S. Congress
| Kevin HernHouse / R | Sale$15.00K – $50.00K | Aug 31, 2026 |
| Kevin HernHouse / R | Sale$50.00K – $100.00K | Mar 16, 2026 |
| Kevin HernHouse / R | Sale$50.00K – $100.00K | Mar 15, 2026 |
| Lisa C. McClainHouse / R | Sale$1.00K – $15.00K | Jul 16, 2025 |
| Lisa C. McClainHouse / R | Purchase$1.00K – $15.00K | Jul 10, 2025 |
| Kevin HernHouse / R | Purchase$50.00K – $100.00K | May 26, 2021 |
| Donna ShalalaHouse | Sale$1.00K – $15.00K | Jun 24, 2019 |
| Donna ShalalaHouse | Sale$1.00K – $15.00K | May 15, 2019 |
Recently reported changes in PRGS holdings by institutional investors
Latest 0 13F filings · Source: SEC EDGAR
View all institutional owners →Insider Trading
Quarterly net insider trading by PRGS's directors and management
Source: SEC EDGAR (Form 4)
Corporate Lobbying
PRGS Estimated quarterly lobbying spending
Source: U.S. Senate LDA
PRGS Revenue by Segment or Geography
| Product development | $41.25M | 46.12% |
| Costs of revenue | $32.12M | 35.91% |
| Stock-based compensation | $16.08M | 17.98% |
As of: Q3 2026 (Aug 31, 2026) · Source: SEC EDGAR (10-Q)
U.S. Patents
New PRGS patent grants
Source: USPTO Open Data Portal
Government Contracts
Estimated quarterly amount awarded to PRGS from public contracts
Source: USAspending.gov
Top ETF Holders
ETFs with the largest estimated holdings in PRGS
| IJRiShares Core S&P Small-Cap ETF | $109.92M |
| VTIVanguard Morningstar Total Stock Market ETF | $53.38M |
| IWMiShares Russell 2000 ETF | $47.45M |
| VGTVanguard Information Technology ETF | $43.19M |
| VBVanguard Morningstar Small-Cap ETF | $36.92M |
| VBRVanguard Morningstar Small-Cap Value ETF | $24.00M |
Estimated from each fund’s disclosed top holdings × AUM
Bull Case vs Bear Case
AI-generated from PRGS’s recent data — informational, not investment advice
What’s Behind the Score
News check: Single relevant PRGS headline presents analytical question about valuation; limited concrete news impact to assess sentiment directionally.
Recent Insider Activity
Frequently Asked Questions
ETFs that hold this stock
| WGRO | WisdomTree U.S. Growth & Momentum Fund | 1.42% |
| GBGR | Global Beta Rising Stars ETF | 1.12% |
| RNSC | First Trust Small Cap US Equity Select ETF | 1.08% |
| RNMC | First Trust Mid Cap US Equity Select ETF | 0.88% |
| PSCT | Invesco S&P SmallCap Information Technology ETF | 0.83% |
| CAFG | Pacer US Small Cap Cash Cows Growth Leaders ETF | 0.80% |
| XSW | State Street SPDR S&P Software & Services ETF | 0.78% |
| SCOW | Pacer Funds Trust - Pacer S&P SmallCap 600 Quality FCF Aristocrats ETF | 0.73% |
| IVSS | Applied Finance IVS US SMID ETF | 0.68% |
| BRSV | EA Series Trust - EA Bridgeway Select Small-Cap Value ETF | 0.56% |
| LST | Leuthold Select Industries ETF | 0.55% |
| QQQS | Invesco NASDAQ Future Gen 200 ETF | 0.54% |
Weight is the stock’s share of each fund’s holdings.
