Progressive Corp’s recent filing unveils that its VP and Chief Financial Officer Sauerland John P unloaded Company’s shares for reported $2.75 million on May 28 ’25. In the deal valued at $275.37 per share,10,000 shares were sold. As a result of this transaction, Sauerland John P now holds 238,024 shares worth roughly $63.42 million.
Then, Broz Steven sold 1,267 shares, generating $351,985 in total proceeds. Upon selling the shares at $277.81, the Chief Information Officer now owns 28,888 shares.
Before that, Sauerland John P bought 10,000 shares. Progressive Corp shares valued at $2,753,700 were divested by the Officer at a price of $275.37 per share.
BofA Securities upgraded its Progressive Corp [PGR] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who decreased its forecast for the stock in mid April from “an Outperform” to “a Mkt perform”. BofA Securities also remained covering PGR and has decreased its forecast on April 04, 2025 with a “Neutral” recommendation from previously “Buy” rating. Raymond James revised its rating on December 26, 2024. It rated PGR as “an Outperform” which previously was an “a Mkt perform”.
Price Performance Review of PGR
On Monday, Progressive Corp [NYSE:PGR] saw its stock fall -0.53% to $266.43. Over the last five days, the stock has lost -1.80%. Progressive Corp shares have risen nearly 13.29% since the year began. Nevertheless, the stocks have risen 34.09% over the past one year. While a 52-week high of $292.99 was reached on 03/17/25, a 52-week low of $199.63 was recorded on 01/13/25.
Levels Of Support And Resistance For PGR Stock
The 24-hour chart illustrates a support level at 264.81, which if violated will result in even more drops to 263.19. On the upside, there is a resistance level at 268.92. A further resistance level may holdings at 271.40.
