Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. PROG Holdings Inc shares valued at $171,080 were sold by Sewell George M on Nov 12 ’24. At $48.88 per share, Sewell George M sold 3,500 shares. The insider’s holdings dropped to 12,639 shares worth approximately $0.37 million following the completion of this transaction.
Also, Sewell George M purchased 3,500 shares, netting a total of over 171,092 in proceeds.
Before that, Garner Brian had added 15,484 shares to its account. In a trade valued at $750,974, the Officer bought PROG Holdings Inc shares for $48.50 each.
As published in their initiating research note from Stephens on November 13, 2024, PROG Holdings Inc [PRG] has been an Overweight and the price target has been revised to $60. Analysts at Raymond James upgraded the stock from ‘”a Mkt perform”‘ to ‘”an Outperform”‘ outlook in a report released in late October. As of June 07, 2024, BTIG Research has initiated its “Neutral” rating for PRG. Earlier on March 08, 2024, TD Cowen initiated its rating. Their recommendation was “an Outperform” for PRG stock.
Analyzing PRG Stock Performance
During the last five days, there has been a drop of approximately -31.30%. Over the course of the year, PROG Holdings Inc shares have dropped approximately -30.86%. Shares of the company reached a 52-week high of $44.42 on 02/06/25 and a 52-week low of $28.99 on 02/20/25. A 50-day SMA is recorded $42.53, while a 200-day SMA reached $42.16. Nevertheless, trading volume fell to 1.54 million shares from 2.26 million shares the previous day.
Support And Resistance Levels for PROG Holdings Inc (PRG)
According to the 24-hour chart, there is a support level at 28.35, which, if violated, would cause prices to drop to 27.49. In the upper region, resistance lies at 30.72. The next price resistance is at 32.22. RSI (Relative Strength Index) is 17.05 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -6.93, which suggests the price will decrease in the coming days. Percent R is at 98.48%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
