Progress Software Corp /ma (PRGS) Files Form 4 Insider Selling : Ram Gupta Sells 4,764 Shares

Progress Software Corp /ma (PRGS): Ram Gupta , director of Progress Software Corp /ma sold 4,764 shares on Jun 10, 2016. The Insider selling transaction was reported by the company on Jun 14, 2016 to the Securities and Exchange Commission. The shares were sold at $26.35 per share for a total value of $125,531.40 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 11, 2016, Barry N Bycoff (director) sold 5,664 shares at $25.27 per share price.On Apr 29, 2016, Michael Mark (director) sold 7,705 shares at $26.13 per share price.Also, On Apr 26, 2016, Charles Francis Kane (director) sold 10,000 shares at $26.13 per share price.On Apr 21, 2016, David Krall (director) sold 7,705 shares at $26.04 per share price.

Shares of Progress Software Corporation (PRGS) ended Friday, Jun 10, 2016 session in red amid volatile trading. The shares closed down -0.55 points or -2.06% at $26.1 with 2,53,266 shares getting traded. Post opening the session at $26.37, the shares hit an intraday low of $25.99 and an intraday high of $26.5 and the price vacillated in this range throughout the day. The company has a market cap of $1,313 M and the number of outstanding shares has been calculated to be 5,03,16,861 shares. The 52-week high of Progress Software Corporation is $30.57 and the 52-week low is $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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