Hedge Funds Are Selling Progress Software Corporation (PRGS): NIC Inc. (EGOV), Advent Software, Inc. (ADVS)

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Company Name # of Hedge Funds # of Insiders Buying # of Insiders Selling
RealPage, Inc. (NASDAQ:RP) 2 0 15
Manhattan Associates, Inc. (NASDAQ:MANH) 11 0 10
Synchronoss Technologies, Inc. (NASDAQ:SNCR) 5 0 8
Advent Software, Inc. (NASDAQ:ADVS) 7 0 3
NIC Inc. (NASDAQ:EGOV) 8 0 2

With the returns demonstrated by Insider Monkey’s strategies, retail investors must always keep an eye on hedge fund and insider trading sentiment, and Progress Software Corporation (NASDAQ:PRGS) applies perfectly to this mantra.

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