Ian Pitt - Progress Software Executive Officer

PRGS Stock  USD 68.73  1.62  2.41%   

Executive

Ian Pitt is Executive Officer of Progress Software
Age 57
Address 15 Wayside Road, Burlington, MA, United States, 01803
Phone781 280 4000
Webhttps://www.progress.com

Latest Insider Transactions

2024-10-23Disposed of 1747 shares @ 65.07View
2024-07-05Disposed of 584 shares @ 55View
2024-02-02Disposed of 3168 shares @ 57.4View

Ian Pitt Latest Insider Activity

Tracking and analyzing the buying and selling activities of Ian Pitt against Progress Software stock is an integral part of due diligence when investing in Progress Software. Ian Pitt insider activity provides valuable insight into whether Progress Software is net buyers or sellers over its current business cycle. Note, Progress Software insiders must abide by specific rules, including filing SEC forms every time they buy or sell Progress Software'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Progress Software Management Efficiency

The company has return on total asset (ROA) of 0.0544 % which means that it generated a profit of $0.0544 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1898 %, meaning that it created $0.1898 on every $100 dollars invested by stockholders. Progress Software's management efficiency ratios could be used to measure how well Progress Software manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Progress Software's Return On Capital Employed is comparatively stable compared to the past year. Return On Assets is likely to gain to 0.08 in 2024, whereas Return On Tangible Assets are likely to drop 0.08 in 2024. At this time, Progress Software's Fixed Asset Turnover is comparatively stable compared to the past year. Return On Assets is likely to gain to 0.08 in 2024, whereas Total Current Assets are likely to drop slightly above 288.8 M in 2024.
Progress Software currently holds 747.11 M in liabilities with Debt to Equity (D/E) ratio of 1.76, which is about average as compared to similar companies. Progress Software has a current ratio of 1.27, suggesting that it may have difficulties to pay its financial obligations when due. Note, when we think about Progress Software's use of debt, we should always consider it together with its cash and equity.

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Progress Software Corporation develops, deploys, and manages business applications. The company was founded in 1981 and is headquartered in Burlington, Massachusetts. Progress Software operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 2103 people. Progress Software (PRGS) is traded on NASDAQ Exchange in USA. It is located in 15 Wayside Road, Burlington, MA, United States, 01803 and employs 2,284 people. Progress Software is listed under Systems Software category by Fama And French industry classification.

Management Performance

Progress Software Leadership Team

Elected by the shareholders, the Progress Software's board of directors comprises two types of representatives: Progress Software inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Progress. The board's role is to monitor Progress Software's management team and ensure that shareholders' interests are well served. Progress Software's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Progress Software's outside directors are responsible for providing unbiased perspectives on the board's policies.
Anthony Folger, Executive CFO
Sundar Subramanian, Executive Management
Jeremy Segal, Executive Development
Anthony CPA, Executive CFO
Katie Kulikoski, Ex Officer
YuFan Wang, Chief President
Ian Pitt, Executive Officer
Jennifer Ortiz, Executive Marketing
Domenic Lococo, Chief Officer
Yogesh Gupta, President CEO, Director
Loren Jarrett, Chief Marketing Officer
Brian Flanagan, Treasurer, Director
John Ainsworth, Senior Vice President Products--Core

Progress Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Progress Software a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Thematic Opportunities

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Additional Tools for Progress Stock Analysis

When running Progress Software's price analysis, check to measure Progress Software's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Progress Software is operating at the current time. Most of Progress Software's value examination focuses on studying past and present price action to predict the probability of Progress Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Progress Software's price. Additionally, you may evaluate how the addition of Progress Software to your portfolios can decrease your overall portfolio volatility.