PROG (NYSE:PRG) CAO George Sewell Sells 2,000 Shares of Stock

PROG Holdings, Inc (NYSE:PRG) CAO George Sewell sold 2,000 shares of the company’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $45.53, for a total value of $91,060.00. Following the transaction, the chief accounting officer directly owned 28,385 shares in the company, valued at approximately $1,292,369.05. The trade was a 6.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

PROG Trading Down 5.3%

PROG stock opened at $43.42 on Friday. PROG Holdings, Inc has a one year low of $25.80 and a one year high of $47.73. The business’s fifty day moving average is $41.94 and its 200 day moving average is $35.84. The stock has a market capitalization of $1.74 billion, a PE ratio of 11.99 and a beta of 1.79. The company has a debt-to-equity ratio of 1.10, a current ratio of 4.03 and a quick ratio of 2.29.

PROG (NYSE:PRG) last issued its earnings results on Wednesday, July 29th. The fintech holding company reported $1.19 earnings per share for the quarter, topping analysts’ consensus estimates of $0.95 by $0.24. The business had revenue of $719.72 million during the quarter, compared to analyst estimates of $713.50 million. PROG had a return on equity of 21.88% and a net margin of 5.57%.PROG has set its Q3 2026 guidance at 1.000-1.200 EPS and its FY 2026 guidance at 4.750-5.000 EPS. On average, sell-side analysts predict that PROG Holdings, Inc will post 4.95 EPS for the current year.

PROG Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Tuesday, August 18th will be given a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Tuesday, August 18th. PROG’s dividend payout ratio (DPR) is presently 15.47%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on PRG. B. Riley Financial boosted their price objective on PROG from $57.00 to $64.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Zacks Research raised shares of PROG from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 30th. Loop Capital lowered shares of PROG from a “buy” rating to a “hold” rating and set a $48.00 price objective for the company. in a research note on Wednesday, July 1st. Stephens raised their price objective on shares of PROG from $40.00 to $47.50 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Finally, TD Cowen boosted their target price on PROG from $45.00 to $50.00 and gave the company a “buy” rating in a research report on Tuesday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $49.44.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. First Trust Advisors LP raised its position in shares of PROG by 588.0% in the 1st quarter. First Trust Advisors LP now owns 840,029 shares of the fintech holding company’s stock worth $24,100,000 after acquiring an additional 717,932 shares in the last quarter. SG Americas Securities LLC boosted its position in PROG by 113.5% during the fourth quarter. SG Americas Securities LLC now owns 40,807 shares of the fintech holding company’s stock valued at $1,203,000 after purchasing an additional 21,698 shares in the last quarter. Bank of New York Mellon Corp grew its stake in PROG by 30.0% in the first quarter. Bank of New York Mellon Corp now owns 612,601 shares of the fintech holding company’s stock valued at $17,576,000 after purchasing an additional 141,221 shares during the last quarter. Dean Capital Management raised its holdings in PROG by 310.2% in the first quarter. Dean Capital Management now owns 57,368 shares of the fintech holding company’s stock worth $1,646,000 after purchasing an additional 43,384 shares in the last quarter. Finally, Empowered Funds LLC raised its holdings in PROG by 30.4% in the first quarter. Empowered Funds LLC now owns 174,335 shares of the fintech holding company’s stock worth $5,002,000 after purchasing an additional 40,605 shares in the last quarter. Hedge funds and other institutional investors own 97.92% of the company’s stock.

PROG News Roundup

Here are the key news stories impacting PROG this week:

• Positive Sentiment: PROG Holdings declared a quarterly cash dividend of $0.14 per share, payable September 3, 2026, to shareholders of record on August 18. The dividend implies an annualized payout of approximately $0.56 per share and a yield of about 1.2%, providing continued income support for investors. PROG Holdings, Inc. Declares Dividend
• Neutral Sentiment: The dividend’s ex-dividend date is August 18. Investors purchasing shares on or after that date will not receive the upcoming distribution, which may contribute to short-term trading volatility but does not affect the company’s operating outlook. PROG Holdings Declares Quarterly Cash Dividend to Shareholders
• Negative Sentiment: PROG Holdings insiders disclosed sales totaling 4,000 shares worth approximately $183,060. Chief Accounting Officer George M. Sewell sold 2,000 shares, reducing his direct holdings by 6.58%, while insider Michael Todd King sold 2,000 shares across August 4–5, reducing his position by a combined 3.21%. Both executives continue to hold substantial stakes, so the transactions appear relatively modest and may reflect personal portfolio decisions rather than a fundamental warning. PROG Holdings SEC Insider Filing

About PROG

PROG Holdings, Inc, formerly known as Aaron’s, is a North American provider of lease-to-own and consumer finance solutions. The company operates through two primary segments: Aaron’s Business Solutions and Progressive Financial Services. Through Aaron’s Business Solutions, PROG offers customers access to furniture, electronics, home appliances and technology products via lease ownership arrangements, serving both individual consumers and small businesses.

The Progressive Financial Services segment provides lease-purchase and retail point-of-sale financing programs to customers with limited credit histories.