KD Logo

The Attractiveness of Investing In PROG Holdings Inc (PRG) is Growing

In a filing, PROG Holdings Inc revealed its Principal Acct Off, VP Fin Rep Sewell George M unloaded Company’s shares for reported $0.17 million on Nov 12 ’24. In the deal valued at $48.88 per share,3,500 shares were sold. As a result of this transaction, Sewell George M now holds 12,639 shares worth roughly $0.55 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Sewell George M bought 3,500 shares, generating $171,092 in total proceeds.

Before that, Garner Brian bought 15,484 shares. PROG Holdings Inc shares valued at $750,974 were divested by the Officer at a price of $48.50 per share.

Stephens initiated its PROG Holdings Inc [PRG] rating to an Overweight in a research note published on November 13, 2024; the price target was $60. A number of analysts have revised their coverage, including Raymond James’s analysts, who increased its forecast for the stock in late October from “a Mkt perform” to “an Outperform”. BTIG Research began covering PRG with “Neutral” recommendation on June 07, 2024. TD Cowen started covering the stock on March 08, 2024. It rated PRG as “an Outperform”.

Price Performance Review of PRG

On Tuesday, PROG Holdings Inc [NYSE:PRG] saw its stock jump 0.02% to $43.90. Over the last five days, the stock has lost -7.52%. PROG Holdings Inc shares have risen nearly 42.03% since the year began. Nevertheless, the stocks have risen 44.55% over the past one year. While a 52-week high of $50.28 was reached on 09/20/24, a 52-week low of $27.84 was recorded on 02/22/24. SMA at 50 days reached $46.80, while 200 days put it at $40.28.

Levels Of Support And Resistance For PRG Stock

The 24-hour chart illustrates a support level at 43.19, which if violated will result in even more drops to 42.48. On the upside, there is a resistance level at 44.27. A further resistance level may holdings at 44.64. The Relative Strength Index (RSI) on the 14-day chart is 34.72, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.96, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.20%. Stochastics %K at 7.26% indicates the stock is a buying.

How much short interest is there in PROG Holdings Inc?

A steep rise in short interest was recorded in PROG Holdings Inc stocks on 2024-11-29, growing by 0.44 million shares to a total of 2.01 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 1.57 million shares. There was a rise of 21.67%, which implies that there is a positive sentiment for the stock.

Most Popular