Progyny (PGNY) director Gordon sells $55k in shares

Published 13/08/2025, 23:24
Progyny (PGNY) director Gordon sells $55k in shares

Director Kevin K. Gordon of Progyny, Inc. (NASDAQ:PGNY) sold 2,500 shares of common stock on August 11, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $22.035, for a total transaction value of $55087. The sale occurred as PGNY trades at $23.06, with a market capitalization of $1.98 billion. According to InvestingPro analysis, the company maintains strong financial health with a GREAT overall score.

Following the transaction, Gordon directly holds 8,026 shares of Progyny. In addition, 12,501 shares are held indirectly by the Kevin Gordon Revocable Declaration of Trust U/A/D 9/3/2013, where Gordon serves as trustee.

In other recent news, Progyny Inc reported its second-quarter 2025 earnings, exceeding analysts’ expectations with an adjusted earnings per share of $0.48, well above the projected $0.16. The company also achieved a revenue of $332.9 million, surpassing forecasts and marking a year-over-year growth of 9.5%. Additionally, Cantor Fitzgerald reiterated its Overweight rating on Progyny stock, maintaining a price target of $28.00. The research firm expressed optimism about Progyny’s outlook for 2026, suggesting that the company’s recent selling season commentary could be a positive turning point for investor sentiment. These developments indicate a strong financial performance and continued confidence from analysts in the company’s future prospects.

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