No Data
SymbolStock Name
Latest PriceChg%ChgVolumeTurnoverOpenPre CloseHighLowMarket CapFloat CapSharesShs Float5D %Chg10D %Chg20D %Chg60D % Chg120D %Chg250D %Chg% Year-to-dateDiv YieldTTMTurnover RatioP/E (TTM)P/E (Static)AmplitudeIndustry
US OptionsDetailed Quotes
PRGS240517C52500
- 0.09
- -0.21-70.00%
15min DelayTrading May 14 13:44 ET
0.10High0.05Low
0.10Open0.30Pre Close4 Volume386 Open Interest52.50Strike Price34.00Turnover25.62%IV2.92%PremiumMay 17, 2024Expiry Date0.00Intrinsic Value100Multiplier3DDays to Expiry0.09Time Value100Contract SizeAmericanOptions Type0.1535Delta0.1872Gamma409.04Leverage Ratio-0.0441Theta0.0007Rho62.79Eff Leverage0.0117Vega
Intraday
- 5D
- 1D
News
Why We're Not Concerned About Progress Software Corporation's (NASDAQ:PRGS) Share Price
Progress Software Corporation's (NASDAQ:PRGS) price-to-earnings (or "P/E") ratio of 32.1x might make it look like a strong sell right now compared to the market in the United States, where around half
Progress Software(PRGS.US) Officer Sells US$39,471.93 in Common Stock
$Progress Software(PRGS.US)$ Officer WANG YUFAN STEPHANIE sold 779 shares of common stock on May 6, 2024 at an average price of $50.67 for a total value of $39,471.93.Source: Announcement What is stat
Express News | MariaDB Shares Are Trading Lower After Progress Software Said It Has No Intention to Make an Offer for the Company
Progress Software(PRGS.US) Officer Sells US$29,135.76 in Common Stock
$Progress Software(PRGS.US)$ Officer Subramanian Sundar sold 584 shares of common stock on Apr 30, 2024 at an average price of $49.89 for a total value of $29,135.76.Source: Announcement What is state
Express News | Progress Software Says Has No Intention To Make Offer For MariaDB
Express News | Progress Software Corp: Confirms That It Does Not Intend to Make an Offer for MariaDB PLC
Comments
The recent insider selling of Progress Software shares, particularly by Independent Director Charles Kane, and the lack of any insider buying over the past year, raises some caution for potential investors. The level of insider ownership is not outstanding, suggesting only some alignment between management and smaller shareholders.
1
The CFO's statement suggests a bullish outlook for the company, indicating that the new credit facility and recent convertible notes offering will support Progress' growth strategy and potential acquisitions.
2
Progress Software's high P/E ratio could be a concern as its projected growth simply mirrors the broader market. The elevated share price might not sustain the positive sentiment, endangering shareholders' investments and making potential investors pay excessive premiums.
Investors are questioning the sale of shares by insiders, given the lack of insider buying in the past year and the sale price close to the current price. However, modest insider ownership suggests some alignment between management and smaller shareholders.
Read more