Ian Pitt Sells 1,482 Shares of Progress Software Co. (NASDAQ:PRGS) Stock

Progress Software Co. (NASDAQ:PRGS - Get Free Report) insider Ian Pitt sold 1,482 shares of the stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $56.60, for a total transaction of $83,881.20. Following the sale, the insider now directly owns 7,613 shares of the company's stock, valued at approximately $430,895.80. This trade represents a 16.29 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.