undamentalytics Newsletter

Progress Software Corp insider trading

Every open-market purchase and sale by Progress Software Corp's officers, directors and largest shareholders since November 4, 2021, and what the share price did next.

No insider has bought shares on the open market in five years.

Insider purchase Insider sale Marker size reflects trade value. Weekly closes adjusted for splits; may be delayed.
Progress Software Corp insider open-market trades
DateInsiderTrade SharesPriceValue 1M after 3M after 6M after

From insiders' Form 4 filings with the SEC: open-market purchases and sales only (awards, option exercises and shares withheld for tax are excluded), combined to one line per insider per day. "Plan" marks trades the filing says were made under a pre-set Rule 10b5-1 trading plan, which are scheduled in advance. Price changes run from the close on the trade date; hover a figure for the change relative to the S&P 500. Past moves don't predict future ones.

Does following Progress Software Corp’s insiders pay?

From January 14, 2010 to August 13, 2025, 35 insiders reported 8 open-market purchases and 134 sales not made under a pre-set plan in Progress Software Corp. Twelve months after each purchase was reported, the shares were −13.6% against the S&P 500 on average (median −9.0%), over 8 purchases with a full year of prices; 38% beat the index. After sales, the shares moved −6.2% against the index over 12 months (a negative figure means selling was the right call). That rests on fewer than 20 purchases, too few to read much into. Buying each purchase the day after it was reported, an equal amount each, held 12 months or until that insider reported a sale, would have turned $10,000 on January 17, 2012 into $17,658 by November 2, 2026, +3.9% a year. It held shares 21% of the time; the S&P 500 on those same days, with Treasury bills otherwise, made $23,639 (+6.0% a year), and held throughout $75,469 (+14.7%).

$0$25.0k$50.0k$75.0k 20122014201620182020202220242026 $75.5k$23.6k$17.7k
Copying Progress Software Corp's insidersS&P 500, same days investedS&P 500, held throughout $10,000 copying every open-market purchase by Progress Software Corp's insiders from January 17, 2012, before costs and taxes, marked weekly. Uninvested money earns the Treasury bill rate; the portfolio held shares 21% of the time.
Progress Software Corp: each insider's record
InsiderRolePurchases12 months after their purchasesBeat the S&P 500Sales12 months after their salesLatest report
Freedman James SVP & General Counsel 0 — — 18 −10.8% (18) May 19, 2011
Goodson John SVP, CPO & CTO 0 — — 11 −4.6% (11) April 27, 2015
Andrews Joseph SVP, Human Resources 0 — — 10 −2.9% (10) July 9, 2014
Mark Michael Director 0 — — 10 −5.7% (10) April 23, 2018
Reidy Richard President and CEO. 0 — — 10 −7.7% (10) October 31, 2011
Kane Charles Francis Director 0 — — 9 −13.3% (9) February 6, 2024
Bycoff Barry N Executive Chairman 0 — — 8 −15.5% (8) May 11, 2016
Bates John EVP & CTO 0 — — 6 −14.7% (6) May 1, 2012
Benton David H VP and Corporate Controller 0 — — 6 +0.2% (6) July 22, 2011
Robertson Norman R Senior VP, Finance and CFO 0 — — 6 +24.3% (6) May 5, 2010
Krall David Director 1 −38.1% (1) 0% 4 −8.0% (4) July 24, 2025
Gupta Ram Director 1 −15.7% (1) 0% 3 −34.1% (3) December 4, 2014
Aquilina Antonio J. SVP, Strategy & Corp. Dev. 0 — — 3 +4.6% (3) January 20, 2015
Jalbert Paul A Chief Financial Officer 0 — — 3 −20.7% (3) January 31, 2020
Quinn Gary Executive Vice President 0 — — 3 +0.8% (3) November 4, 2021
Uddo Peter 10% owner 0 — — 3 +29.9% (3) February 7, 2017
Conway Gary G EVP, Chief Marketing Officer 0 — — 2 −14.1% (2) February 17, 2011
Egan John R Director 0 — — 2 +2.9% (2) May 16, 2022
Gawlick Rainer Director 2 −14.1% (2) 0% 0 — August 13, 2025
Gupta Yogesh K Chief Executive Officer 2 −18.2% (2) 50% 0 — July 24, 2025
Jarrett Loren General Manager, DevTools 0 — — 2 −15.3% (2) February 17, 2021
Larsen Christopher EVP, Global Field Operations 0 — — 2 −25.6% (2) November 4, 2011
Lococo Domenic Chief Accounting Officer 0 — — 2 +0.2% (2) November 1, 2022
Taslakov Dimitre Chief Talent Officer 0 — — 2 +2.1% (2) April 29, 2019
Ainsworth John EVP, Enterprise App Exper. 0 — — 1 +12.4% (1) May 3, 2022
Benedict Michael Pres, Business Unit Executive 0 — — 1 −5.1% (1) February 19, 2015
Benson David A EVP and CIO 0 — — 1 −10.0% (1) July 8, 2015
Faberman Stephen H SVP and General Counsel 0 — — 1 −10.0% (1) July 8, 2015
Folger Anthony Chief Financial Officer 1 +1.8% (1) 100% 0 — October 1, 2020
Ireland David G Executive Vice President 0 — — 1 +40.6% (1) February 18, 2010
Levy Robert EVP, Chief Product Officer 0 — — 1 −15.1% (1) October 5, 2010
Murphy Anthony Chief Information Officer 0 — — 1 −13.2% (1) April 25, 2019
Pead Philip M Director 1 +7.5% (1) 100% 0 — January 13, 2012
Pitt Ian Chief Information Officer 0 — — 1 −22.7% (1) February 7, 2023
Smith Jennifer E. VP & CMO 0 — — 1 −23.9% (1) August 8, 2013

Moves are the shares’ return including dividends minus the S&P 500’s, from the close on the first trading day after each report; the number of trades with a finished 12-month window is in brackets. Green means the trade went the insider’s way (a purchase ahead of the index, a sale followed by the shares trailing it). A trade reported both by a director or officer and by a fund or company they are linked to counts once here, under the person. Purchases count only where the share price actually traded was at least $5. These figures describe what the shares did, not why anyone traded. Insiders across all companies.

When several insiders traded Progress Software Corp

Months when 2 or more insiders became net buyers, or 3 or more net sellers, of Progress Software Corp in reports dated in the 91 days before the month end, and how the stock did against the S&P 500 from that month end. After the 2 buying crowds with six months of prices, it averaged −16.3% against the index. After 11 selling crowds, +0.2%. One company's history is too short to judge by; the test across every company is the better guide.

MonthCrowd3 months on, vs S&P 5006 months12 months
July 31, 20252 buying−20.5%−25.0%−34.9%
May 31, 20224 selling+3.1%+12.9%+21.0%
October 30, 20203 buying−5.4%−7.6%+2.7%
February 28, 20203 selling+5.5%−16.0%−15.0%
April 30, 20194 selling−6.8%−16.0%−8.8%
April 29, 20164 selling+8.1%−0.1%−0.2%
July 31, 20153 selling−18.1%−5.5%−8.0%
January 30, 20153 selling−0.8%+12.0%+4.6%
July 31, 20143 selling+6.1%+3.7%+16.9%
April 30, 20143 selling+5.5%+11.5%+10.2%
August 30, 20133 selling−3.5%−12.9%−28.9%
October 29, 20103 selling+5.8%−0.8%−21.6%

Colours show whether the crowd was right: green when buyers were followed by a rise above the index, or sellers by a fall below it. Latest 12 of 13. Total returns from the month end; past patterns are not a forecast.

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