Paradice Dumped Its Entire $15.2 Million Progressive Software Stake
What happenedParadice Investment Management LLC disclosed in its quarterly report to the U.S. Securities and Exchange Commission, available here, that it sold all 238,145 shares of Progress Software Corporation (PRGS +2.09%) in the period. The estimated value of the trade was $15.20 million, based on the average price for the quarter. The position, which previously accounted for 3.1% of Paradice's reportable assets as of September 30, 2025, has now been fully closed.What else to knowThe sale represents a co ...