Gawlick Rainer

PRGS Director Gawlick Rainer bought 1,710 shares at $43.48; stock down 34.0% from 52-week high, currently $46.11

Gawlick Rainer purchased 1,710 shares of PROGRESS SOFTWARE CORP /MA at $43.48, bringing his holdings to 55,544 shares. The transaction occurred when the stock was trading 34.0% below its 52-week high of $69.89 and has declined 26.4% over the past 90 days. The company has a P/E of 34.41 against a $2.0B market cap, with recent quarterly revenue of $237,400,000 and 8.5% annual growth. This represents the director's first discretionary open-market purchase on record across all tickers tracked. While the purchase coincides with significant price weakness, the company maintains positive earnings and steady revenue growth.

Director Gawlick Rainer purchases 1,715 shares of PRLB at $43.79; stock now at $46.29 vs. +13.7% in 30 days

Director Rainer purchased 1,715 shares at $43.79, increasing his holdings to 43,883 shares (+4.1% net change). The stock has appreciated 13.7% over the past 30 days and 14.3% over 90 days, currently trading at $46.29—near the 52-week high of $46.29. While the purchase represents a director-level open-market buy, it occurs in the context of elevated valuation metrics (P/E of 74.66) and muted fundamentals (revenue growth of -0.6% annually, net income of $4.4M on $135.1M revenue). The transaction size is modest relative to his existing position, and the timing follows sharp recent price appreciation, leaving the strategic intent unclear.