
Progress Software Corporation
PRGS · NASDAQ · Technology / Software - Infrastructure
Price History
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About
Progress Software Corporation provides software products that develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. The company offers Agentic RAG, a next-generation Agentic Rag-as-a-Service platform; Automate MFT, a cloud-native Software-as-a-Service (SaaS) platform for automated and secure file transfers; Chef, a DevOps/DevSecOps automation software; Corticon, a decision automation platform; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data, and SaaS data sources; Developer Tools, such as software development tooling collection, including NET and JavaScript UI components for web, desktop and mobile applications, AI-prompt components, reporting and report management tools, and automated testing and mocking tools; Flowmon, a AI-powered network security and visibility product with automated response across hybrid cloud ecosystems; and Kemp LoadMaster, an application delivery and security product for cloud-native, and virtual and hardware load balancers. It also provides MarkLogic, a data agility platform to connect data and metadata; MOVEit, a managed file transfer software; OpenEdge, an application development platform; Semaphore, a Semantic AI platform; ShareFile, an SaaS-native AI-powered document centric collaboration platform; Sitefinity, a digital experience platform foundation; and WhatsUp Gold, a network infrastructure monitoring software to find and fix network problems. The company offers project management, implementation, custom software development, programming, and other services, as well as web-enable applications, and training services. It sells its products to end users, independent software vendors, original equipment manufacturers, system integrators, value added resellers, and distributors. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.
Company Details
- SectorTechnology
- IndustrySoftware - Infrastructure
- CEOMr. Yogesh K. Gupta
- Employees2.80K
- Headquarters15 Wayside Road, Burlington, MA, United States, 01803, USA
- Websitehttps://www.progress.com
Leadership
- Mr. Yogesh K. GuptaCEO, President & Director · b. 1961
- Mr. Anthony Folger CPAExecutive VP, CFO & Treasurer · b. 1972
- Mr. John AinsworthExecutive VP and GM of Application & Data Platform · b. 1965
- Ms. Loren Weinberg JarrettExecutive VP & GM of Digital Experience · b. 1975
- Mr. Sundar SubramanianExecutive VP & GM of Infrastructure Management · b. 1980
- Ms. Bridget CollinsChief Information Officer
- Mr. Michael MiccicheSenior Vice President of Investor Relations
- Ms. YuFan WangExecutive VP, Chief Legal Officer, Chief Compliance Officer & Corporate Secretary · b. 1984
- Ms. Jennifer OrtizChief Marketing Officer · b. 1977
- Mr. Jeremy SegalExecutive Vice President of Corporate Development · b. 1971
Financials
Income Statement
Balance Sheet
Cash Flow
Earnings
Key Statistics & Ratios
Analyst Ratings
- Strong Buy4
- Buy1
- Hold2
Ownership Breakdown
- Institutions
- 115.24%
- Insiders
- 2.26%
- Retail / Other
- 0.00%
Top Institutional Holders
- BlackRock Inc6.97M17.00%
- Vanguard Portfolio Management, LLC3.43M8.37%
- Vanguard Capital Management, LLC1.93M4.70%
- State Street Corp1.76M4.29%
- Victory Capital Management Inc.1.69M4.12%
- LSV Asset Management1.26M3.08%
- Arrowstreet Capital Limited Partnership1.22M2.98%
- Geode Capital Management, LLC1.09M2.65%
- Dimensional Fund Advisors, Inc.1.08M2.62%
- Manufacturers Life Insurance Co1.07M2.61%
- Heron Bay Capital Management1.01M2.47%
- Systematic Financial Management LP884.79K2.16%
- American Century Companies Inc832.70K2.03%
Top Fund Holders
- iShares Core S&P Small-Cap ETF2.56M6.25%
- Vanguard MStar Total Stk Mkt Idx Invest1.34M3.26%
- iShares Russell 2000 ETF1.09M2.65%
- Vanguard Information Technology ETF1.08M2.63%
- Vanguard Small Cap Index967.72K2.36%
- JHancock Small Cap Core NAV903.88K2.20%
- FullerThaler Behavioral Sm-Cp Eq R6763.16K1.86%
Dividends
Stock Splits
- Jan 31, 20113:2
- Jan 24, 20002:1
- Jul 14, 19983:2
- Nov 28, 19952:1