Market Cap
$1.6B
PRGS
PROGRESS SOFTWARE CORP /MA
$36.90 ▲ +0.87%
Prev close $36.58Market cap$1.6B
ConsensusStrong Buy
12-mo target$56.20 (+52.3%)
▲ Bullish
Analyst conviction 9/10
Insider Selling Cluster (2 insiders)35 New Institutional Positions15 Institutional Exits Software & IT
Snapshot
The big-picture read on PRGS right now — valuation, ownership and activity at a glance.
Cap Size
Small Cap
Analyst Consensus
Strong Buy (92%)
Inst. Holders
50 funds
Inst. Value
$1.2B
Inst. Activity
35 buys / 15 sells
Insider Activity
$0.00 buy / $1.3M sell
Insider Net $
-$1.3M
Social Sentiment
33° Cool
SEC Reports
5
Press Releases
2
Congressional
1 trades
Price chart 30d -17.3%
Daily candles (open–high–low–close) with volume. Green = up day, red = down day.
No data for this timeframe.
Vol
Recent activity
The latest filings, insider trades, analyst actions, press and options flow — newest first.
Oct 1, 2026 other
Progress Software Connects Enterprise Knowledge Across Business Systems with New Agentic RAG Capabilities
New release extends trusted enterprise AI across delivery, retrieval and content ingestion, enabling
Aug 26, 2026 Event
HSR Early Termination: Progress Software Corporation; Joshua G. James
The FTC granted early termination of the HSR Act waiting period for a transaction involving Progress
Aug 14, 2026 Insider
FOLGER ANTHONY sold 2,000 shares
Chief Financial Officer @ $44.80 ($89.6K)
Jul 29, 2026 Insider
Jarrett Loren sold 1,784 shares
EVP/GM Digital Experience @ $41.49 ($74.0K)
Jul 29, 2026 Insider
Jun 30, 2026 SEC Jarrett Loren sold 9,963 shares
EVP/GM Digital Experience @ $41.63 ($414.8K)
Progress Software reported Q2 2026 results with revenue of $253M (+7% YoY) and non-GAAP EPS of $1.62, beating consensus
8-K — Impact 6/10
Progress Software announced Q2 2026 earnings results via press release, but the provided filing text lacks financial det
PRESS-RELEASE — Impact 2/10
Jun 30, 2026 Inst.
VICTORY CAPITAL MANAGEMENT INC — ADD
1,689,867 shares ($56.7M)
Analyst ratings buy % +10.8%
How Wall Street rates the stock today, and the latest firm-by-firm actions.
92% rate it Buy or better · 12 analysts
Recent analyst actions
| Date | Firm | Action | Rating | Firm rating |
|---|---|---|---|---|
| Oct 2, 2026 | DA Davidson | MAINTAIN | Buy | 53% |
| Aug 12, 2026 | DA Davidson | MAINTAIN | Buy | 53% |
| Jul 23, 2026 | DA Davidson | MAINTAIN | Buy | 53% |
| Jul 1, 2026 | DA Davidson | MAINTAIN | Buy | 53% |
| Jul 1, 2026 | Oppenheimer | MAINTAIN | Outperform | 52% |
| Jul 1, 2026 | Guggenheim | REITERATE | Buy | 52% |
Monthly consensus history
| Period | Str. Buy | Buy | Hold | Sell | Str. Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Sep 1, 2026 | 7 | 4 | 1 | 0 | 0 | 92% | |
| Aug 1, 2026 | 6 | 4 | 1 | 0 | 0 | 91% | |
| Jul 1, 2026 | 7 | 4 | 2 | 0 | 0 | 85% | |
| Jun 1, 2026 | 7 | 4 | 2 | 0 | 0 | 85% | |
| May 1, 2026 | 7 | 4 | 2 | 0 | 0 | 85% | |
| Apr 1, 2026 | 7 | 4 | 2 | 0 | 0 | 85% | |
| Mar 1, 2026 | 7 | 4 | 2 | 0 | 0 | 85% | |
| Feb 1, 2026 | 7 | 4 | 2 | 0 | 0 | 85% |
Price targets
Where 5 covering analysts think PRGS trades over the next 12 months.
$56.20 +52.3% upside Strong Buy
Current$36.90 Low$40.00 Median$53.00 High$83.00 5 analysts
$40.00$83.00
Analyst rating Strong Buy· 1.4/5 as of Oct 2, 2026
Social media sentiment mood +0.0%
Retail-investor mood aggregated across social media. 0° = very bearish, 100° = very bullish.
33°
Cool
BearishNeutralBullish
Recent posts
Reports & filings
AI-scored summaries of recent SEC filings and press releases, with sentiment and impact.
5 SEC filing reports analyzed · 1 bullish, 1 bearish, 0 mixed, 3 neutral · avg impact 3.8/10.Plus 2 press releases.
BULLISH8-K6/10
Progress Software reported Q2 2026 results with revenue of $253M (+7% YoY) and non-GAAP EPS of $1.62
Jun 30, 2026
NEUTRALPRESS-RELEASE2/10
Progress Software announced Q2 2026 earnings results via press release, but the provided filing text
Jun 30, 2026
BEARISHINST-CLUSTER6/10
Five major institutions reduced PRGS holdings by $67.3M in Q3 2025, overwhelming a small $1.4M add b
Jun 11, 2026
NEUTRALCLUSTER2/10
Two C-suite insiders (CFO and CLO) sold a combined $161K in open-market transactions, representing o
May 20, 2026
Upcoming & catalyst events
Scheduled dates plus disclosed catalysts — earnings, dividends, enforcement, FDA and clinical-trial events. Colored dot = impact.
Oct 1, 2026
other
Progress Software Connects Enterprise Knowledge Across Business Systems with New Agentic RAG Capabilities
New release extends trusted enterprise AI across delivery, retrieval and content ingestion, enabling organizations to scale AI experiences without reb
Oct 1, 2026
short_volume
Short Volume: PRGS — 71.5% short (0.6M / 0.8M)
Short: 551,491 | Exempt: 1 | TRF Vol: 770,956 | Short Ratio: 71.5% | Off-exchange volume (dark pool + OTC)
Sep 30, 2026
earnings
Progress Software Reports Fiscal Third Quarter 2026 Financial Results
BURLINGTON, Mass., Sept. 30, 2026 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), a member of the Russell 2000 Index and an AI infrastructure so
Sep 30, 2026
earnings_calendar
PRGS Q3 2026 Earnings Scheduled — 2026-09-30
Sep 29, 2026
contract
Progress Software Launches ShareFile Enterprise, Offering a New Standard in Governance Controls for Enterprise Document Collaboration
New ShareFile Enterprise offering helps organizations scale collaboration without scaling manual administration and security work through enterprise i
Earnings estimates
Forecast earnings per share and revenue by period — and whether estimates are rising.
| Period | EPS Est. | Range | Growth | 30d Rev | Up/Dn | Revenue | # |
|---|---|---|---|---|---|---|---|
| Current Q | $1.27 | $1.25–$1.30 | -15.7% | -9.8% | 1↑ 4↓ | $0.3B | 4 |
| Next Q | $1.56 | $1.46–$1.67 | -2.6% | +1.1% | 4↑ 0↓ | $0.3B | 4 |
| Current FY | $6.18 | $6.15–$6.21 | 8.0% | +1.0% | 5↑ 0↓ | $1.0B | 4 |
| Next FY | $7.17 | $6.94–$7.33 | 16.1% | +15.2% | 5↑ 0↓ | $1.2B | 4 |
Current-quarter EPS estimate — revision history
| When | EPS estimate | Change vs now |
|---|---|---|
| Current | $1.273 | — |
| 7d ago | $1.436 | -0.162 |
| 30d ago | $1.411 | -0.138 |
| 60d ago | $1.411 | -0.138 |
| 90d ago | $1.416 | -0.142 |
Institutional ownership
Which big funds own PRGS (from quarterly 13F filings) and who is adding or trimming.
50 institutional holders with $1.2B total value (35,361,317 shares) as of 2026-Q2. Top holders: BlackRock,, VANGUARD, STATE. Net buying activity: 35 institutions added/increased vs 15 reduced.
Top holders — 2026-Q2
| Fund | Shares | Value | % Tracked | Last move |
|---|---|---|---|---|
| BlackRock, Inc. | 7,570,529 | $254.2M | 21.4% | — |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 3,846,694 | $129.2M | 10.9% | — |
| STATE STREET CORP | 1,961,723 | $65.9M | 5.5% | — |
| VANGUARD CAPITAL MANAGEMENT LLC | 1,899,835 | $63.8M | 5.4% | — |
| VICTORY CAPITAL MANAGEMENT INC | 1,689,867 | $56.7M | 4.8% | ADD +78.3% |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 1,274,910 | $42.8M | 3.6% | — |
| GOLDMAN SACHS GROUP INC | 1,258,502 | $42.3M | 3.6% | ADD +93.3% |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | 1,214,414 | $40.8M | 3.4% | — |
| GEODE CAPITAL MANAGEMENT, LLC | 1,171,371 | $39.3M | 3.3% | — |
| DIMENSIONAL FUND ADVISORS LP | 1,076,430 | $36.1M | 3.0% | — |
Recent position changes
| Fund | Action | Prev | Current | Change | Value |
|---|---|---|---|---|---|
| VICTORY CAPITAL MANAGEMENT INC | ADD | 947,894 | 1,689,867 | +78.3% | $56.7M |
| GOLDMAN SACHS GROUP INC | ADD | 651,035 | 1,258,502 | +93.3% | $42.3M |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | ADD | 648,850 | 880,608 | +35.7% | $29.6M |
| FULLER & THALER ASSET MANAGEMENT, INC. | ADD | 635,212 | 795,068 | +25.2% | $26.7M |
| WELLS FARGO & COMPANY/MN | ADD | 213,405 | 334,899 | +56.9% | $11.2M |
| Qube Research & Technologies Ltd | ADD | 136,857 | 197,524 | +44.3% | $6.6M |
| Nuveen, LLC | ADD | 92,546 | 153,973 | +66.4% | $5.2M |
| BANK OF NOVA SCOTIA | ADD | 92,090 | 145,258 | +57.7% | $4.9M |
| Corient Private Wealth LP | ADD | 90,711 | 129,526 | +42.8% | $4.3M |
| Universal- Beteiligungs- und Servicegesellschaft mbH | ADD | 97,497 | 127,664 | +30.9% | $4.3M |
Insider activity
Buying and selling by company executives and directors (SEC Form 4).
15 insiders, 50 transactions. Net -$1.3M — $0.00 bought, $1.3M sold.
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Aug 14, 2026 | FOLGER ANTHONY | Chief Financial Officer | SELL | 2,000 | $44.80 | $89.6K |
| Jul 29, 2026 | Jarrett Loren | EVP/GM Digital Experience | SELL | 1,784 | $41.49 | $74.0K |
| Jul 29, 2026 | Jarrett Loren | EVP/GM Digital Experience | SELL | 9,963 | $41.63 | $414.8K |
| Jul 2, 2026 | King Samskriti | Director | AWARD | 5,857 | $38.42 | $225.0K |
| Jul 2, 2026 | Gawlick Rainer | Director | AWARD | 5,857 | $38.42 | $225.0K |
| Jul 2, 2026 | KRALL DAVID | Director | AWARD | 5,857 | $38.42 | $225.0K |
| Jul 2, 2026 | DACIER PAUL T | Director | AWARD | 5,857 | $38.42 | $225.0K |
| Jul 2, 2026 | EGAN JOHN R | Director | AWARD | 5,857 | $38.42 | $225.0K |
| Jul 2, 2026 | Kane Charles Francis | Director | AWARD | 5,857 | $38.42 | $225.0K |
| Jul 2, 2026 | Tucci Angela | Director | AWARD | 5,857 | $38.42 | $225.0K |
Congressional trades
PRGS trades disclosed by members of Congress, with disclosure delay.
1 members · 0 buys / 1 sells
| Date | Member | Party | Chamber | Type | Amount | Asset | Disclosed |
|---|---|---|---|---|---|---|---|
| Mar 16, 2026 | Kevin Hern | R | HOUSE | SELL | $50,001 - $100,000 | Progress Software Corp | Apr 6, 2026(22d) |
Short interest & halts
FINRA semi-monthly short positions, Reg SHO threshold status, and recent trading halts for PRGS.
Shares short
4,679,885
Settlement Sep 15, 2026
Change vs prior
+2.5%
Semi-monthly cycle
Days to cover
8.7
At avg daily volume
Of shares outstanding
≈11.4%
Estimate — not % of float
All PRGS filing & press-release reports (7)
- 8-K reportJun 30, 2026
- PRESS-RELEASE reportJun 30, 2026
- INST-CLUSTER reportJun 11, 2026
- CLUSTER reportMay 20, 2026
- PRESS-RELEASE reportMar 30, 2026
- DEFA14A reportMar 25, 2026
- PRESS-RELEASE reportMar 16, 2026