Progress Software, headquartered in Burlington, Massachusetts, provides mission-critical business application products and services, employing 2,284 people. Their offerings include software solutions, consulting, and a range of data management services.
Loren Jarrett sold 34,093 shares of PRGS on 9 May at $61.10 per share, worth a total of $2.1M. They now own 13,413 PRGS shares, or a 74% holding decrease.
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