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CHARLESTON, S.C.--(BUSINESS WIRE)--Breach Inlet Capital Management, LLC (“Breach Inlet Capital” or “we”) is a top 10 shareholder of PROG Holdings, Inc. (NYSE: PRG) (“PRG” or the “Company”) with ownership of approximately 3.0% of the shares outstanding. Today, we published an investment presentation outlining our view that the Company's shares are materially undervalued and PRG could spin off its high-growth business to potentially correct the current mispricing. Our presentation can be accessed.
PRG, E and PGY made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 10, 2026.
E, PGY, DOO, LKNCY and PRG have been added to the Zacks Rank #1 (Strong Buy) List on September 10, 2026.
NEW YORK--(BUSINESS WIRE)--PRG (Production Resource Group), a leading global provider of entertainment and live event technology solutions, today announced the appointments of Jennifer Caserta as Chief People Officer and Joe Simon as Chief Technology & Information Officer. Both will report directly to Lawrence Burian, Chief Executive Officer of PRG. These two appointments are part of the broader global strategy Burian laid out upon joining PRG as CEO this past April: strengthen the executiv.
PROG Holdings (PRG) possesses solid growth attributes, which could help it handily outperform the market.
PROG Holdings, Inc. demonstrates accelerating growth and diversification, with Q2 revenues up 22.3% and GMV surging 60.1% to $902 million. PROG's business mix is shifting toward digital and short-term products, reducing reliance on Progressive Leasing and mitigating risk from large-ticket items. Despite a 13.46x P/E and sector-median valuation, PROG's rapid EBITDA growth and deleveraging suggest the market underappreciates its operational improvements.
SALT LAKE CITY--(BUSINESS WIRE)--PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Four Technologies, MoneyApp and Purchasing Power, announced today that its Board of Directors declared a quarterly cash dividend of $0.14 per share of common stock, payable on September 3, 2026, to shareholders of record as of the close of business on August 18, 2026. About PROG Holdings, Inc. PROG Holdings, Inc. (NYSE:PRG) is a fintech holding company headquartered in Salt Lake.
PROG Holdings (PRG) is well positioned to outperform the market, as it exhibits above-average growth in financials.