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Progress Software Corp. (PRGS) President and CEO. Richard Reidy sells 11,667 Shares

December 29, 2010 | About:
insider

insider

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President and CEO. of Progress Software Corp. (PRGS) Richard Reidy sells 11,667 shares of PRGS on 12/28/2010 at an average price of $43.31 a share.

Progress Software Corp. has a market cap of $1.87 billion; its shares were traded at around $43.17 with a P/E ratio of 20.4 and P/S ratio of 3.6. Progress Software Corp. had an annual average earning growth of 9.4% over the past 10 years. GuruFocus rated Progress Software Corp. the business predictability rank of 1-star.

PRGS is in the portfolios of Private Capital of Private Capital Management, John Buckingham of Al Frank Asset Management, Inc., Bruce Kovner of Caxton Associates, Steven Cohen of SAC Capital Advisors, Mario Gabelli of GAMCO Investors, Jeremy Grantham of GMO LLC.


This is the insider trade history vs. stock price of PRGS. For the complete insider trading history of PRGS, click here.




Directors and Officers Recent Trades:



  • Sell: Director Michael Mark sold 19,930 shares of PRGS stock on 12/23/2010 at the average price of 43.56. Michael Mark owns at least 85,083 shares after this. The price of the stock has decreased by 0.9% since.
  • Sell: SVP, Human Resources Joseph Andrews sold 19,000 shares of PRGS stock on 11/19/2010 at the average price of 38.88. Joseph Andrews owns at least 13,882 shares after this. The price of the stock has increased by 11.03% since.
  • Sell: Senior VP & General Counsel James Freedman sold 18,400 shares of PRGS stock on 11/19/2010 at the average price of 38.62. James Freedman owns at least 9,965 shares after this. The price of the stock has increased by 11.78% since.
  • Sell: SVP & Interim Chief Prod Off John Goodson sold 4,293 shares of PRGS stock on 11/18/2010 at the average price of 38.8. John Goodson owns at least 12,244 shares after this. The price of the stock has increased by 11.26% since.
  • Sell: VP and Corporate Controller David H Benton sold 25,000 shares of PRGS stock on 11/17/2010 at the average price of 38.25. David H Benton owns at least 25,590 shares after this. The price of the stock has increased by 12.86% since.


  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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