Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Progressive Corp shares valued at $1,041,520 were sold by Murphy John Jo on Jun 20 ’25. At $260.38 per share, Murphy John Jo sold 4,000 shares. The insider’s holdings dropped to 41,289 shares worth approximately $10.72 million following the completion of this transaction.
Also, Broz Steven sold 1,267 shares, netting a total of over 329,901 in proceeds. Following the sale of shares at $260.38 each, the insider now holds 27,621 shares.
Before that, Burgdoerfer Stuart B had sold 3,681 shares from its account. In a trade valued at $958,643, the Director traded Progressive Corp shares for $260.43 each. Upon closing the transaction, the insider’s holdings decreased to 3,681 shares, worth approximately $3.17 million.
As published in a research note from BofA Securities on April 28, 2025, Progressive Corp [PGR] has been rated up from a Neutral to a Buy and the price target has been revised to $312. Analysts at Keefe Bruyette downgraded the stock from ‘”an Outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in mid April. As of April 04, 2025, BofA Securities has decreased its “Buy” rating to a “Neutral” for PGR. Earlier on December 26, 2024, Raymond James upgraded its rating. Their new recommendation was “an Outperform” for PGR stock which previously was a “a Mkt perform”.
Analyzing PGR Stock Performance
On last trading session,, Progressive Corp [NYSE: PGR] plunged -2.38% to $259.67. The stock’s lowest price that day was $259.13, but it reached a high of $265.365 in the same session. During the last five days, there has been a drop of approximately -2.30%. Over the course of the year, Progressive Corp shares have jumped approximately 26.47%. Shares of the company reached a 52-week high of $292.99 on 03/17/25 and a 52-week low of $228.54 on 01/13/25.
Support And Resistance Levels for Progressive Corp (PGR)
According to the 24-hour chart, there is a support level at 257.41, which, if violated, would cause prices to drop to 255.15. In the upper region, resistance lies at 263.65. The next price resistance is at 267.62. RSI (Relative Strength Index) is 36.30 on the 14-day chart, showing neutral technical sentiment.
Is Progressive Corp subject to short interest?
Stocks of Progressive Corp saw a sharp rise in short interest on 2025-05-30 jumping by 0.63 million shares to 6.85 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 6.22 million shares. A jump of 9.16% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 2.56 of the overall float, the days-to-cover ratio (short ratio) jumped to 2.56.
Which companies own the most shares of Progressive Corp (PGR)?
In terms of Progressive Corp share price expectations, FactSet research, analysts set an average price target of 329 in the next 12 months, up nearly 23.68% from the previous closing price of $266.01. Analysts anticipate Progressive Corp stock to reach 330 by 2025, with the lowest price target being 328. In spite of this, 17 analysts ranked Progressive Corp stock as Buy at the end of 2025. On December 10, 2024, HSBC Securities assigned a price target of “a Hold” to the stock and downgraded coverage with a $267.
