John R. Egan, Director at PROGRESS SOFTWARE CORP /MA (PRGS), sold 70,000 shares at $45.30 ($3.1M) on 2019-04-03, disclosed to the SEC on 2019-04-05.
Seasonal sale ($3.1M) by Director — this insider has traded PRGS in April in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $45.20 | 10,000 | $452K | 14.4% |
| 2 | $45.30 | 10,000 | $453K | 14.4% |
| 3 | $44.78 | 9,648 | $432K | 13.7% |
| 4 | $44.78 | 9,648 | $432K | 13.7% |
| 5 | $44.83 | 15,352 | $688K | 21.9% |
| 6 | $44.83 | 15,352 |
| $688K |
| 21.9% |
| Total | $44.94 avg | 70,000 | $3.1M | 100% |
| Filing → |
| PRGS | SELL | 2022-05-16 | $1.9M | — | Filing → |
| EMC | SELL | 2015-02-24 | $290K | — | Filing → |
| VMW | SELL | 2015-02-23 | $1.0M | — | Filing → |