The institutional investor held 4.26 million shares of the prepackaged software company at the end of 2017Q3, valued at $162.64 million, up from 3.98M at the end of the previous reported quarter. Market capitalization is simply the value that can get when multiply all the outstanding shares of a stock by the price of a single share.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. About 270,998 shares traded.
Progress Software (NASDAQ:PRGS) issued its quarterly earnings results on Wednesday.More news: Roger Federer, Novak Djokovic in same half in Australian Open
Amarillo National Bank increased its stake in J.P. Morgan Chase & Co Com (JPM) by 19.64% based on its latest 2017Q3 regulatory filing with the SEC. Tiaa Cref Investment Management Llc sold 86,990 shares as Progress Software Corp (PRGS)'s stock declined 0.96%. The total number of shares traded in the last 90-day period is 2,500. Pacad Investment Ltd. now owns 7,300 shares of the software maker's stock worth $225,000 after acquiring an additional 400 shares in the last quarter. 878.69 million shares or 1.02% less from 887.72 million shares in 2017Q2 were reported. (NASDAQ:EBAY) has risen 44.45% since January 12, 2017 and is uptrending.
Praesidium Investment Management Company Llc, which manages about $1.38 billion and $1.23B US Long portfolio, decreased its stake in Advanced Energy Inds (NASDAQ:AEIS) by 11,050 shares to 445,867 shares, valued at $36.01M in 2017Q3, according to the filing.
Over the past five trading sessions shares of Envision Healthcare Corporation (NYSE:EVHC) are 1.27%; 8.97% for the month; -14.32% for the last quarter; -41.52% for the past six-months; and -46.48% for the last 12 months.More news: Taking a Fresh Look at Cypress Semiconductor Corporation (CY)
Investors sentiment decreased to 1.14 in 2017 Q3. This represents a $0.56 annualized dividend and a yield of 1.28%. It turned negative, as 17 investors sold PRGS shares while 69 reduced holdings. 37 funds opened positions while 61 raised stakes. Tci Wealth Incorporated holds 0.01% or 282 shares in its portfolio. Principal Gp invested in 0.01% or 375,857 shares. Bancorp Of Ny Mellon accumulated 828,818 shares. Millennium Mngmt Ltd Llc reported 360,449 shares. Jane Street Group Incorporated Limited Liability Company accumulated 7,195 shares. Employees Retirement Sys Of Texas stated it has 167,900 shares.
Progress Software shares have risen nearly 3 percent since the beginning of the year. Morgan Stanley invested in 346,931 shares or 0% of the stock.
Progress Software (PRGS) now has a 50-day moving average of 42.31, the 200-day is at 35.09, and the 7-day is 44.58. 6,100 are held by Prelude Management Limited Liability Corp. Congress Asset Management Ma stated it has 195,559 shares. Rhumbline Advisers accumulated 101,785 shares. Duncker Streett holds 8,495 shares or 0.1% of its portfolio.More news: Who Is Edgar Ray Killen? Klansman, 'Mississippi Burning' Perpetrator Dies In Prison
Analysts have given a mean recommendation of 2.10 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Therefore 92% are positive. In the most recent quarterly financial report, for the quarter ending November 2017, Progress Software Corporation (PRGS) delivered a 1.75% surprise with its net revenue. JMP Securities maintained the shares of EPZM in report on Wednesday, March 9 with "Market Outperform" rating. The stock has "Neutral" rating by Wedbush on Wednesday, January 18. The firm has "Buy" rating given on Monday, June 12 by RBC Capital Markets. Benchmark reaffirmed a buy rating and issued a $47.00 target price (up from $42.00) on shares of Progress Software in a research note on Tuesday, January 2nd. Progress Software Corporation (NASDAQ:PRGS) has risen 15.05% since January 11, 2017 and is uptrending. The company was maintained on Friday, January 15 by Benchmark. The firm has "Buy" rating given on Tuesday, January 2 by Benchmark. On Friday, June 24 the stock rating was maintained by Wedbush with "Neutral". Gam Ag holds 0.11% or 68,454 shares in its portfolio. On Wednesday, January 18 the stock rating was maintained by Benchmark with "Buy". JPMorgan Chase & Co had 99 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has "Neutral" rating by Ladenburg Thalmann on Tuesday, September 13. The company was maintained on Monday, October 9 by Credit Suisse. Of the analysts surveyed by Reuters that track Progress Software Corporation 3 of them rate its stock a hold.