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

PROG Holdings Inc’s recent filing unveils that its Chief Financial Officer Garner Brian acquired Company’s shares for reported $0.1 million on May 13 ’25. In the deal valued at $28.93 per share,3,500 shares were bought. As a result of this transaction, Garner Brian now holds 132,597 shares worth roughly $4.02 million.

Then, Michaels Steven A bought 14,000 shares, generating $406,420 in total proceeds. Upon buying the shares at $29.03, the President and CEO now owns 559,641 shares.

Before that, Michaels Steven A bought 1,000 shares. PROG Holdings Inc shares valued at $29,030 were divested by the President and CEO at a price of $29.03 per share. As a result of the transaction, Michaels Steven A now holds 10,000 shares, worth roughly $0.3 million.

Jefferies downgraded its PROG Holdings Inc [PRG] rating to a Hold from a a Buy in a research note published on February 26, 2025; the price target was decreased to $29 from $58. A number of analysts have revised their coverage, including Stephens’s analysts, who began to cover the stock in mid November with a ‘”an Overweight”‘ rating. Raymond James also remained covering PRG and has increased its forecast on October 24, 2024 with a “an Outperform” recommendation from previously “Mkt perform” rating. BTIG Research started covering the stock on June 07, 2024. It rated PRG as “a Neutral”.

Price Performance Review of PRG

On Tuesday, PROG Holdings Inc [NYSE:PRG] saw its stock jump 2.57% to $30.31. Over the last five days, the stock has gained 3.62%. PROG Holdings Inc shares have fallen nearly -28.28% since the year began. Nevertheless, the stocks have fallen -16.57% over the past one year.

How much short interest is there in PROG Holdings Inc?

A steep rise in short interest was recorded in PROG Holdings Inc stocks on 2025-05-15, dropping by -0.45 million shares to a total of 2.38 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 2.83 million shares. There was a decline of -19.04%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on March 08, 2024 when TD Cowen began covering the stock and recommended ‘”an Outperform”‘ rating along with a $37 price target.

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