After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.
Stocks Info
This NASDAQ-listed company operates within the Software – Infrastructure industry segment, falling under the Technology sector. The current market capitalization of Progress Software Corp is $2.43B. A total of 1.05 million shares were traded on the day, compared to an average of 806.98K shares.
In the most recent transaction, IAN PITT bought 703 shares of PRGS for 57.99 per share on Apr 04 ’25. In a previous transaction on Apr 01 ’25, LoCoco Domenic sold 7,185 shares at 57.12 per share. PRGS shares that Chief Accounting Officer owns now total 5,762.
Among the insiders who sold shares, LoCoco Domenic disposed of 1,000 shares on Feb 03 ’25 at a per-share price of $56.24. This resulted in the Chief Accounting Officer holding 4,303 shares of PRGS after the transaction. In another insider transaction, Pitt Ian sold 1,482 shares at $56.60 per share on Feb 03 ’25. Company shares held by the Chief Information Officer now total 7,613.
Dividend
The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Progress Software Corp pays an annual dividend of $0.35, resulting in a dividend yield of 0.62%, and it has a price to earnings (P/E) ratio of 43.81. PRGS’s most recent ex-dividend date was 1.27% when it declared a $0.1750 quarterly dividend that was paid in cash on 9/2/2024. Previously, the company paid the dividend on 6/3/2024 with an ex-dividend date of 1.33%. The PRGS stock dividend was $0.1750 per share in cash.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, PRGS has a high of $70.56 and a low of $48.00.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. PRGS’s latest balance sheet shows that the firm has $157.37M in Cash & Short Term Investments as of fiscal 2021. There were $591.35M in debt and $322.93M in liabilities at the time. Its Book Value Per Share was $10.04, while its Total Shareholder’s Equity was $412.49M.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PRGS is Buy with a score of 4.43.
