Progress Software Corp (PRGS US, +N, 24-Jul-25)
On July 23rd, Yogesh Gupta (Chief Executive Officer since Oct 2016) bought $103,200 worth of stock on July 23rd at $ 49.14, and David Krall (Non-Executive since Jan 2008) spent $251,000 at $48.90. For Gupta it is only his second purchase. In October 2020 he spent a similar amount at $37, which proved timely.
Krall has been a director since 2008 yet has never purchased shares. Both were sellers in 2024 at higher prices. The last insider buying in this stock was in October 2020, and prior to that in 2015, making these purchase unusual.
We are ranking the stock +N (notable and positive signal).
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