PROGRESS SOFTWARE CORP PRGS
COM · Common Stock · CUSIP 743312100 · ISIN US7433121008
Global software company
- SectorTechnology
- IndustryServices-Prepackaged Software
- HeadquartersBurlington, MA
- Founded1981
- Websiteprogress.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($10.3m this quarter). Holder counts are more reliable. Shares outstanding: 41.0m as of 2026-06-26, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $33.51. Options: 10 managers hold calls ($12.4m notional), 12 hold puts ($9.9m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 251 |
| Q4 2022 | 275 |
| Q1 2023 | 286 |
| Q2 2023 | 291 |
| Q3 2023 | 292 |
| Q4 2023 | 281 |
| Q1 2024 | 304 |
| Q2 2024 | 307 |
| Q3 2024 | 329 |
| Q4 2024 | 332 |
| Q1 2025 | 313 |
| Q2 2025 | 348 |
| Q3 2025 | 308 |
| Q4 2025 | 309 |
| Q1 2026 | 294 |
| Q2 2026 | 293 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 157 | 135 |
| Q4 2024 | 151 | 140 |
| Q1 2025 | 150 | 171 |
| Q2 2025 | 173 | 146 |
| Q3 2025 | 148 | 195 |
| Q4 2025 | 144 | 160 |
| Q1 2026 | 144 | 172 |
| Q2 2026 | 175 | 140 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $70.2m | $84.3m | 1.20 |
| Q4 2025 | $92.1m | $19.7m | 0.21 |
| Q1 2026 | $11.7m | $10.7m | 0.91 |
| Q2 2026 | $12.4m | $9.9m | 0.80 |
Biggest buyers
| VICTORY CAPITAL MANAGEMENT INC | Added | +742.0k |
| AQR CAPITAL MANAGEMENT LLC | Added | +652.6k |
| GOLDMAN SACHS GROUP INC | Added | +607.5k |
| BlackRock, Inc. | Added | +598.4k |
| Invenomic Capital Management LP | New | +511.2k |
| KENNEDY CAPITAL MANAGEMENT LLC | Added | +437.0k |
| VANGUARD PORTFOLIO MANAGEMENT LLC | Added | +416.0k |
| LSV ASSET MANAGEMENT | Added | +273.7k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | Added | +231.8k |
| STATE STREET CORP | Added | +200.7k |
Biggest sellers
| Boston Trust Walden Corp | Sold out | -1.7m |
| Swedbank AB | Reduced | -361.5k |
| Allspring Global Investments Holdings, LLC | Sold out | -287.9k |
| Woodline Partners LP | Sold out | -221.5k |
| Point72 Asset Management, L.P. | Reduced | -214.5k |
| JPMORGAN CHASE & CO | Reduced | -203.9k |
| JANE STREET GROUP, LLC | Sold out | -188.9k |
| MORGAN STANLEY | Reduced | -161.5k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -157.4k |
| NATIXIS | Sold out | -155.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $5.3m156.8k shares |
| CITADEL ADVISORS LLC | Reduced | $2.0m60.7k shares |
| JANE STREET GROUP, LLC | Added | $1.8m54.8k shares |
| IMC-Chicago, LLC | Reduced | $1.1m34.2k shares |
| Walleye Trading LLC | Reduced | $752.2k22.4k shares |
| Walleye Capital LLC | Reduced | $507.1k15.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $406.3k12.1k shares |
| D. E. Shaw & Co., Inc. | New | $241.8k7.2k shares |
| GROUP ONE TRADING LLC | Reduced | $94.0k2.8k shares |
| WOLVERINE ASSET MANAGEMENT LLC | Unchanged | $67.2k2.0k shares |
Biggest puts
| JANE STREET GROUP, LLC | Added | $2.0m58.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.6m46.4k shares |
| D. E. Shaw & Co., Inc. | Added | $1.3m38.9k shares |
| IMC-Chicago, LLC | New | $1.0m30.6k shares |
| WOLVERINE ASSET MANAGEMENT LLC | Unchanged | $1.0m29.9k shares |
| Walleye Capital LLC | Reduced | $1.0m29.9k shares |
| CITADEL ADVISORS LLC | Added | $963.7k28.7k shares |
| BOOTHBAY FUND MANAGEMENT, LLC | New | $802.6k23.9k shares |
| Walleye Trading LLC | Added | $178.0k5.3k shares |
| GROUP ONE TRADING LLC | Added | $40.3k1.2k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution +1.2 pts · filed 2026-07-29 | 16.5% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution +1.3 pts · filed 2026-07-31 | 9.6% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.3% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 7 | $1.8m | $1.8m |
| Q1 2025 | 0 | — | 4 | $1.5m | $1.5m |
| Q2 2025 | 0 | — | 4 | $2.8m | $2.8m |
| Q3 2025 | 3 | $428.2k | 2 | $323.1k | $323.1k |
| Q4 2025 | 0 | — | 3 | $339.3k | $339.3k |
| Q1 2026 | 0 | — | 2 | $1.2m | $1.2m |
| Q2 2026 | 0 | — | 2 | $275.2k | $275.2k |
| Q3 2026 | 0 | — | 3 | $983.9k | $983.9k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-08-14 | FOLGER ANTHONY Chief Financial Officer | Sold plan | $89.6k2.0k shares |
| 2026-07-29 | Jarrett Loren EVP/GM Digital Experience | Sold plan | $488.8k11.7k shares |
| 2026-07-01 | Subramanian Sundar EVP/GM Infrastructure Mgmt | Sold plan | $405.5k10.6k shares |
| 2026-05-19 | FOLGER ANTHONY Chief Financial Officer | Sold plan | $130.3k4.5k shares |
| 2026-05-18 | WANG YUFAN STEPHANIE Chief Legal Officer | Sold plan | $144.9k5.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 7.6m $254.2m | Added +598.4k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 3.8m $129.2m | Added +416.0k |
| STATE STREET CORP 0.00% of their portfolio | 2.0m $65.9m | Added +200.7k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 1.9m $63.8m | Reduced -28.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio | 1.7m $56.7m | Added +742.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 1.3m $42.8m | Added +53.3k |
| LSV ASSET MANAGEMENT 0.08% of their portfolio | 1.3m $42.4m | Added +273.7k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.3m $42.3m | Added +607.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio | 1.2m $40.8m | Added +144.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.2m $39.3m | Added +84.7k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.1m $36.1m | Reduced -157.4k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 1.0m $35.0m | Added +652.6k |
| Heron Bay Capital Management 3.08% of their portfolio | 1.0m $34.0m | Added +97.1k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.04% of their portfolio | 880.6k $29.6m | Added +231.8k |
| SYSTEMATIC FINANCIAL MANAGEMENT LP 0.58% of their portfolio | 861.5k $28.9m | Reduced -23.3k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 832.7k $28.0m | Added +124.9k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.07% of their portfolio | 795.1k $26.7m | Added +159.9k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.44% of their portfolio | 741.9k $24.9m | Added +437.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 682.1k $22.9m | Added +84.4k |
| RICE HALL JAMES & ASSOCIATES, LLC 0.93% of their portfolio | 570.3k $19.1m | Added +117.6k |
| BARCLAYS PLC 0.01% of their portfolio | 569.5k $19.1m | Added +50.9k |
| FMR LLC 0.00% of their portfolio | 562.8k $18.9m | Reduced -48.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 551.0k $18.5m | Added +64.2k |
| SEGALL BRYANT & HAMILL, LLC 0.22% of their portfolio | 546.0k $18.3m | Reduced -24.1k |
| MORGAN STANLEY 0.00% of their portfolio | 532.2k $17.9m | Reduced -161.5k |
| Invenomic Capital Management LP 1.03% of their portfolio | 511.2k $17.2m | New |
| OAKTOP CAPITAL MANAGEMENT II, L.P. 0.73% of their portfolio | 508.6k $17.1m | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 491.2k $16.5m | Added +44.8k |
| DekaBank Deutsche Girozentrale 0.02% of their portfolio | 478.9k $12.6m | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 429.7k $14.4m | Reduced -66.1k |
| GLENMEDE TRUST CO NA 0.05% of their portfolio | 368.6k $12.4m | Added +56.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 334.9k $11.2m | Added +121.5k |
| Dana Investment Advisors, Inc. 0.29% of their portfolio | 333.5k $11.2m | Added +75.4k |
| Pacer Advisors, Inc. 0.03% of their portfolio | 288.6k $9.7m | Added +29.2k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 288.0k $9.7m | Reduced -6.0k |
| Invesco Ltd. 0.00% of their portfolio | 282.4k $9.5m | Added +24.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 274.7k $9.2m | Added +10.5k |
| UBS Group AG 0.00% of their portfolio | 233.0k $7.8m | Added +44.2k |
| NOMURA HOLDINGS INC 0.03% of their portfolio | 220.4k $7.4m | Added +34.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 204.2k $6.9m | Reduced -1.7k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 204.2k $6.9m | Reduced -7.7k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 197.5k $6.6m | Added +60.7k |
| Public Sector Pension Investment Board 0.02% of their portfolio | 189.3k $6.4m | Reduced -9.5k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 186.4k $6.3m | Reduced -23.7k |
| Edgestream Partners, L.P. 0.18% of their portfolio | 178.9k $6.0m | Added +99.7k |
| PARADIGM CAPITAL MANAGEMENT INC/NY 0.15% of their portfolio | 160.6k $5.4m | Added +115.3k |
| Hillsdale Investment Management Inc. 0.12% of their portfolio | 154.2k $5.2m | Added +11.6k |
| Nuveen, LLC 0.00% of their portfolio | 154.0k $5.2m | Added +61.4k |
| BANK OF NOVA SCOTIA 0.01% of their portfolio | 145.3k $4.9m | Added +53.2k |
| Corient Private Wealth LP 0.01% of their portfolio | 129.5k $4.3m | Added +38.8k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 127.7k $4.3m | Added +30.2k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 126.8k $4.3m | Reduced -8.9k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 124.1k $4.2m | Added +51.8k |
| Creative Planning 0.00% of their portfolio | 122.1k $4.1m | Added +96.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 113.6k $3.8m | Added +37.1k |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 113.3k $3.8m | Reduced -214.5k |
| Mariner, LLC 0.00% of their portfolio | 112.5k $3.8m | Added +55.6k |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 110.7k $3.7m | Added +52.4k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 109.9k $3.7m | Reduced -11.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 109.0k $3.7m | Added +8.0k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.07% of their portfolio | 103.6k $3.5m | Reduced -12.4k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 102.1k $3.4m | Added +1.3k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.05% of their portfolio | 97.1k $3.3m | Added +31.6k |
| Legal & General Group Plc 0.00% of their portfolio | 96.0k $3.2m | Added +69 |
| BESSEMER GROUP INC 0.00% of their portfolio | 93.8k $3.1m | Added +401 |
| CAPITAL FUND MANAGEMENT S.A. 0.02% of their portfolio | 90.8k $3.1m | Reduced -74.8k |
| Swiss National Bank 0.00% of their portfolio | 84.1k $2.8m | Reduced -500 |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 83.8k $2.9m | Added +47.1k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 75.9k $2.5m | Reduced -1.1k |
| IMC-Chicago, LLC 0.02% of their portfolio | 75.4k $2.5m | Reduced -129.3k |
| Swedbank AB 0.00% of their portfolio | 72.1k $2.4m | Reduced -361.5k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 69.9k $2.3m | Reduced -2.9k |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 69.7k $2.3m | Added +22.0k |
| Quantinno Capital Management LP 0.00% of their portfolio | 69.0k $2.3m | Added +47.6k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 64.7k $2.2m | Reduced -13.3k |
| Choate Investment Advisors 0.04% of their portfolio | 61.9k $2.1m | Unchanged |
| ANCHOR CAPITAL ADVISORS LLC 0.06% of their portfolio | 60.2k $2.0m | Reduced -522 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 58.2k $2.0m | Added +7.6k |
| SG Americas Securities, LLC 0.00% of their portfolio | 56.6k $1.9m | Reduced -36.2k |
| KLP KAPITALFORVALTNING AS 0.01% of their portfolio | 56.2k $1.9m | Added +36.5k |
| Engineers Gate Manager LP 0.02% of their portfolio | 54.9k $1.8m | Added +41.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 54.9k $1.9m | Reduced -203.9k |
| IEQ CAPITAL, LLC 0.01% of their portfolio | 54.4k $1.8m | New |
| ROYCE & ASSOCIATES LP 0.01% of their portfolio | 52.1k $1.7m | Added +439 |
| Range Financial Group LLC 0.47% of their portfolio | 51.4k $1.7m | New |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 51.3k $1.7m | Added +10.1k |
| Sanctuary Advisors, LLC 0.01% of their portfolio | 49.8k $1.7m | New |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 48.6k $1.6m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 47.9k $1.2m | Reduced -115 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 46.8k $1.6m | Reduced -6.2k |
| Aquatic Capital Management LLC 0.05% of their portfolio | 45.2k $1.5m | New |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 40.9k $1.4m | Added +10.0k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 40.6k $1.4m | Unchanged |
| Cerity Partners LLC 0.00% of their portfolio | 37.6k $1.3m | Added +20.4k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 37.5k $1.3m | Added +11.1k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.01% of their portfolio | 37.4k $1.3m | Added +15.1k |
| Campbell & CO Investment Adviser LLC 0.07% of their portfolio | 37.2k $1.2m | Added +16.9k |
| Van Hulzen Asset Management, LLC 0.09% of their portfolio | 36.1k $1.2m | Reduced -8.1k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 35.9k $1.2m | Reduced -1.9k |
| GABELLI FUNDS LLC 0.01% of their portfolio | 35.0k $1.2m | Added +13.0k |