Progress Software Corp /ma (PRGS) Files Form 4 Insider Selling : Barry N Bycoff Sells 5,664 Shares

Progress Software Corp /ma (PRGS): Barry N Bycoff , director of Progress Software Corp /ma sold 5,664 shares on May 10, 2016. The Insider selling transaction was reported by the company on May 11, 2016 to the Securities and Exchange Commission. The shares were sold at $25.27 per share for a total value of $143,129.28 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 29, 2016, Michael Mark (director) sold 7,705 shares at $26.13 per share price.On Apr 26, 2016, Charles Francis Kane (director) sold 10,000 shares at $26.13 per share price.Also, On Apr 21, 2016, David Krall (director) sold 7,705 shares at $26.04 per share price.On Feb 19, 2016, Barry N Bycoff (director) sold 17,796 shares at $24.18 per share price.

Progress Software Corporation: On Tuesday, May 10, 2016 heightened volatility was witnessed in Progress Software Corporation which led to swings in the share price. The shares opened for trading at $24.86 and hit $25.39 on the upside , eventually ending the session at $25.36, with a gain of 2.13% or 0.53 points. The heightened volatility saw the trading volume jump to 1,42,733 shares. The 52-week high of the share price is $30.57 and the company has a market cap of $1,276 M . The 52-week low of the share price is at $21.94.

Progress Software Corporation Money Flow Index Chart

Progress Software Corporation is a global software company that simplifies the development deployment and management of business applications. The Company’s products provide solutions for rapid application development broad data integration and efficient data analysis. The Company has three business units which include OpenEdge Data Connectivity and Integration and Application Development and Deployment. The solutions within the OpenEdge Business Unit include Progress OpenEdge and Progress Corticon. The solutions within the DCI Business Unit include Progress DataDirect Connect Progress DataDirect Cloud and Progress Easyl. The solutions within the AppDev Business Unit include Progress Pacific Progress Rollbase Modulus Telerik Dev Tools Telerik Dev Cloud Telerik Platform Telerik ALM and Telerik Sitefinity.

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