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PRGS - Progress Software Corp /Ma

Insider Purchase by Gupta Yogesh K (CEO)

1 Year
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Trade Summary

7 months ago, Gupta Yogesh K, serving as CEO at Progress Software Corp /Ma (PRGS), purchased 2,100 shares at $49.14 per share, for a total transaction value of $103,194.00. Following this transaction, Gupta Yogesh K now holds 232,396 shares of PRGS.

This purchase represents a 1.00% increase in Gupta Yogesh K's stake in the company. This is considered a medium-conviction trade.

The trade was executed on Wednesday, July 23, 2025 and publicly disclosed via SEC Form 4 filing on Thursday, July 24, 2025, 1 day after the trade was made.

Progress Software Corp /Ma operates in the TECHNOLOGY sector, specifically within the SOFTWARE - INFRASTRUCTURE industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.

Gupta Yogesh K

Gupta Yogesh K

CEO

Yogesh K. Gupta is the President, Chief Executive Officer, and Director of Progress Software Corporation (PRGS), a position he has held since October 2016.[[1]](https://www.progress.com/company/leadership/yogesh-gupta)[[2]](https://www.clay.com/dossier/progress-ceo)[[6]](https://www.marketscreener.com/insider/YOGESH-K-GUPTA-A01EK3/) A 30-year software industry veteran, he has driven significant growth at Progress by strengthening market position, improving customer relationships, launching new products, completing multiple acquisitions, and enhancing operating margins and cash flow.[[1]](https://www.progress.com/company/leadership/yogesh-gupta)[[3]](https://bilh.org/about/leadership/board-of-trustees/yogesh-gupta)[[5]](https://www.mtlc.co/tt50-yogesh-gupta/) Under his leadership, the company has achieved revenue growth to approximately $613 million in fiscal year 2022 (10% annual growth), expanded its employee base to around 2,100, and earned recognitions such as Inc.’s Best Workplaces and top rankings in Boston Business Journal’s Best Places to Work, with Glassdoor ratings improving markedly.[[5]](https://www.mtlc.co/tt50-yogesh-gupta/)[[7]](https://en.wikipedia.org/wiki/Progress_Software) Prior to Progress, Gupta served as President and CEO of Kaseya, Inc. (IT management software) and FatWire Software (marketing automation), where he doubled revenue during the Great Recession, leading to its acquisition by Oracle.[[1]](https://www.progress.com/company/leadership/yogesh-gupta)[[2]](https://www.clay.com/dossier/progress-ceo)[[3]](https://bilh.org/about/leadership/board-of-trustees/yogesh-gupta) Earlier, at CA Technologies (CA Inc.), he held senior roles including Chief Technology Officer for five years and Chief Strategy Officer/head of M&A for two years.[[1]](https://www.progress.com/company/leadership/yogesh-gupta)[[2]](https://www.clay.com/dossier/progress-ceo) Gupta holds a Master’s Degree in Computer Science from the University of Wisconsin and a Bachelor’s Degree in Electronics Engineering from the Indian Institute of Technology, Madras; he is a published author, holds a patent in neural networks, and serves on the boards of Beth Israel Lahey Health and Massachusetts Technology Leadership Council.[[1]](https://www.progress.com/company/leadership/yogesh-gupta)[[3]](https://bilh.org/about/leadership/board-of-trustees/yogesh-gupta)

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Trade Price

$49.14

Quantity

2,100

Total Value

$103,194.00

Shares Owned

232,396

Trade Date

Wednesday, July 23, 2025

214 days ago

SEC Filing Date

Thursday, July 24, 2025

Filed 1 day after trade

TECHNOLOGYSOFTWARE - INFRASTRUCTURE

About Progress Software Corp /Ma

Company Overview

No company information available
View news mentioning PRGS

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