Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. PROG Holdings Inc shares valued at $46,216 were purchased by Sheu Caroline Sio-Chin on Feb 26 ’25. At $28.01 per share, Sheu Caroline Sio-Chin acquired 1,650 shares. The insider’s holdings grew to 18,291 shares worth approximately $0.49 million following the completion of this transaction.
Also, CURLING DOUGLAS C purchased 10,000 shares, netting a total of over 298,800 in proceeds. Following the buying of shares at $29.88 each, the insider now holds 45,913 shares.
Before that, Sewell George M had sold 3,500 shares from its account. In a trade valued at $171,080, the Principal Acct Off, VP Fin Rep traded PROG Holdings Inc shares for $48.88 each. Upon closing the transaction, the insider’s holdings decreased to 3,500 shares, worth approximately $0.34 million.
As published in a research note from Jefferies on February 26, 2025, PROG Holdings Inc [PRG] has been rated down from a Buy to a Hold and the price target has been revised to $29 from $58. Analysts at Stephens started covering the stock with ‘”an Overweight”‘ outlook in a report released in mid November. As of October 24, 2024, Raymond James has increased its “Mkt perform” rating to a “an Outperform” for PRG. Earlier on June 07, 2024, BTIG Research initiated its rating. Their recommendation was “a Neutral” for PRG stock.
Analyzing PRG Stock Performance
During the last five days, there has been a drop of approximately -2.85%. Over the course of the year, PROG Holdings Inc shares have dropped approximately -36.35%. Shares of the company reached a 52-week high of $44.42 on 02/06/25 and a 52-week low of $26.58 on 03/05/25. A 50-day SMA is recorded $39.40, while a 200-day SMA reached $41.85.
Support And Resistance Levels for PROG Holdings Inc (PRG)
According to the 24-hour chart, there is a support level at 26.49, which, if violated, would cause prices to drop to 26.07. In the upper region, resistance lies at 27.41. The next price resistance is at 27.91. RSI (Relative Strength Index) is 21.30 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.99, which suggests the price will decrease in the coming days. Percent R is at 98.16%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
