Momentum Is Strong For Progress Software Corp (NASDAQ: PRGS)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NASDAQ-listed company operates within the Software – Infrastructure industry segment, falling under the Technology sector. The current market capitalization of Progress Software Corp is $1.88B. A total of 0.75 million shares were traded on the day, compared to an average of 934.69K shares.

In the most recent transaction, Gawlick Rainer bought 1,710 shares of PRGS for 43.48 per share on Aug 12 ’25. After the transaction, the Director now owns 55,544 company shares. In a previous transaction on Jul 23 ’25, Gupta Yogesh K bought 2,100 shares at 49.14 per share. PRGS shares that Chief Executive Officer owns now total 232,396.

Among the insiders who bought shares, KRALL DAVID acquired of 5,125 shares on Jul 23 ’25 at a per-share price of $48.90. This resulted in the Director holding 100,090 shares of PRGS after the transaction. In another insider transaction, FOLGER ANTHONY sold 5,529 shares at $52.97 per share on Jul 08 ’25. Company shares held by the Chief Financial Officer now total 43,559.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Progress Software Corp pays an annual dividend of $0.17, resulting in a dividend yield of 0.40%, and it has a price to earnings (P/E) ratio of 33.35.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, PRGS has a high of $70.56 and a low of $42.88.

As of this writing, PRGS has an earnings estimate of $1.3 per share for the current quarter. EPS was calculated based on a consensus of 6.0 estimates, with a high estimate of $1.31 per share and a lower estimate of $1.28. The company reported an EPS of $1.26 in the last quarter

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. PRGS’s latest balance sheet shows that the firm has $157.37M in Cash & Short Term Investments as of fiscal 2021. There were $591.35M in debt and $322.93M in liabilities at the time. Its Book Value Per Share was $10.50, while its Total Shareholder’s Equity was $412.49M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PRGS is Buy with a score of 4.14.

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