Ram Gupta, Director at PROGRESS SOFTWARE CORP /MA (PRGS), sold 6,500 shares at $29.32 ($187K) on 2011-05-02, disclosed to the SEC on 2011-05-04.
Scheduled sale ($187k) by Director under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $29.32 | 3,126 | $92K | 48.9% |
| 2 | $28.29 | 1,000 | $28K | 15.1% |
| 3 | $28.35 | 174 | $5K | 2.6% |
| 4 | $28.39 | 1,900 | $54K | 28.8% |
| 5 | $28.40 | 100 | $3K | 1.5% |
| 6 | $28.41 | 100 |
| $3K |
| 1.5% |
| 7 | $28.49 | 100 | $3K | 1.5% |
| Total | $28.82 avg | 6,500 | $187K | 100% |
| Filing → |
| PRGS | BUY | 2014-12-04 | $239K | — | Filing → |
| PRGS | SELL | 2014-04-03 | $403K | — | Filing → |
| PRGS | SELL | 2012-03-05 | $14K | — | Filing → |