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Paradice Dumped Its Entire $15.2 Million Progressive Software Stake
The Motley Fool· 2025-10-26 21:41
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 ...