Domenic Lococo Biography and Net Worth

CAO of Progress Software

As Chief Accounting Officer, Domenic Lococo, draws on over two decades of accounting experience to lead Progress’ global accounting practice. Always looking for innovative ways to stay ahead of the trends and implement best practices, Domenic’s hallmarks are streamlining, simplifying and working smarter. He further ensures Progress’ financial house is in order and ready to capitalize on opportunities—including supporting the company’s merger and acquisition (M&A) total growth strategy.

Domenic epitomizes what’s possible at Progress if you continually develop and hone your craft. His disciplined insights and strong communication skills helped Domenic rise through the Progress ranks, building high-achieving global teams along the way. Domenic’s current responsibilities span everything from technical accounting and external reporting to revenue operations, procurement, treasury and financial systems and processes. It’s a big ask, but Progress is in good hands with Domenic.

In each accounting role he’s held, Domenic has excelled. Past Progress positions include Director of International Finance, Director of Global Accounting and Vice President Finance, Corporate Controller. These combined experiences, evolving alongside the Progress business, have prepared him for the rigors of being Progress’ Chief Accounting Officer.

Ask Domenic about his sustained professional success and he’ll point to his deep belief in treating people with respect and hiring talent dedicated to working together toward common goals. Perhaps this ethic comes from being raised in a large family—he is one of six siblings, after all! With an upbringing like that, navigating his devoted Progress family is a piece of cake.

Domenic earned his master of business administration degree with a concentration in international business at Bentley University and his bachelor of science in accounting from Merrimack College.

What is Domenic Lococo's net worth?: The estimated net worth of Domenic Lococo is at least $248,747.02 as of August 1st, 2024. Mr. Lococo owns 3,847 shares of Progress Software stock worth more than $248,747 as of October 31st. This net worth evaluation does not reflect any other assets that Mr. Lococo may own. Learn More about Domenic Lococo's net worth.
How do I contact Domenic Lococo?: The corporate mailing address for Mr. Lococo and other Progress Software executives is 14 OAK PARK DRIVE, BEDFORD MA, 01730. Progress Software can also be reached via phone at (781) 280-4000 and via email at [email protected]. Learn More on Domenic Lococo's contact information.
Has Domenic Lococo been buying or selling shares of Progress Software?: Domenic Lococo has not been actively trading shares of Progress Software during the past quarter. Most recently, Domenic Lococo sold 300 shares of the business's stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $58.11, for a transaction totalling $17,433.00. Following the completion of the sale, the chief accounting officer now directly owns 3,847 shares of the company's stock, valued at $223,549.17. Learn More on Domenic Lococo's trading history.
Who are Progress Software's active insiders?: Progress Software's insider roster includes John Ainsworth (EVP, General Manager, Application and Data Platform), Anthony Folger (CFO), Yogesh Gupta (CEO), Loren Jarrett (EVP, General Manager, Digital Experience), Charles Kane (Director), David Krall (Director), Domenic Lococo (CAO), Ian Pitt (Insider), Gary Quinn (EVP), Jeremy Segal (EVP), and Yufan Stephanie Wang (Chief Legal Officer and Secretary). Learn More on Progress Software's active insiders.
Are insiders buying or selling shares of Progress Software?: During the last year, insiders at the software maker sold shares 26 times. They sold a total of 169,471 shares worth more than $9,346,910.67. The most recent insider tranaction occured on October, 23rd when insider Ian Pitt sold 1,747 shares worth more than $113,677.29. Insiders at Progress Software own 3.3% of the company. Learn More about insider trades at Progress Software.
Information on this page was last updated on 10/23/2024.

Domenic Lococo Insider Trading History at Progress Software

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
8/1/2024	Sell	300	$58.11	$17,433.00	3,847
2/1/2024	Sell	5,129	$56.99	$292,301.71	2,664
1/18/2024	Sell	4,503	$57.00	$256,671.00	2,900
11/8/2023	Sell	300	$52.84	$15,852.00	2,795
8/15/2023	Sell	200	$60.26	$12,052.00	1,909
11/15/2022	Sell	2,396	$52.07	$124,759.72	1,386
10/28/2022	Sell	500	$50.94	$25,470.00	1,886
5/5/2022	Sell	1,756	$49.08	$86,184.48	1,647

Domenic Lococo Buying and Selling Activity at Progress Software

Progress Software Company Overview

Progress Software Corporation develops, deploys, and manages business applications in the United States and internationally. The company offers OpenEdge, an application development platform for running business-critical applications; Chef, a DevOps/DevSecOps automation software; Developer Tools that consists of software development tooling collection, including .NET and JavaScript UI components for web, desktop and mobile applications, reporting and report management tools, and automated testing and mocking tools; Kemp LoadMaster, an application delivery and security product offering cloud-native, and virtual and hardware load balancers; and Sitefinity, a digital experience platform foundation delivering intelligent and ROI-driving tools for marketers. It also provides MOVEit, a managed file transfer software for managing and controlling the movement of sensitive files and securing them both at-rest and in-transit; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data and SaaS data sources; WhatsUp Gold, a network infrastructure monitoring software providing complete visibility of all network devices, servers, virtual machines, and cloud and wireless environments to find and fix network problems; Flowmon, a network security and visibility product with automated response across hybrid cloud ecosystems; Corticon, a decision automation platform to transform user experiences by streamlining and automating complex business rules; MarkLogic, a data agility platform to connect data and metadata; and Semaphore, a Semantic AI platform. The company offers project management, implementation, custom software development, programming, and other services, as well as web-enable applications; and training services. It sells its products to end users, independent software vendors, original equipment manufacturers, system integrators, value added resellers, and distributors. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.

Today's Range

Now: $64.09

$64.07

$64.89

50 Day Range

MA: $61.81

$56.22

$67.37

2 Week Range

Now: $64.09

$48.00

$67.89

Volume

444,825 shs

Average Volume

504,685 shs

Market Capitalization

$2.75 billion

P/E Ratio

34.27

Dividend Yield

1.07%

Beta

0.92

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