Progressive Corp [PGR] short interest falls, dropping by 6.33 million million shares

CHWY Stock

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Progressive Corp shares valued at $2,637,900 were sold by Sauerland John P on Jun 30 ’25. At $263.79 per share, Sauerland John P sold 10,000 shares. The insider’s holdings dropped to 228,024 shares worth approximately $56.2 million following the completion of this transaction.

Also, Sauerland John P purchased 10,000 shares, netting a total of over 2,637,900 in proceeds.

Before that, Murphy John Jo had sold 4,000 shares from its account. In a trade valued at $1,041,520, the Claims President traded Progressive Corp shares for $260.38 each. Upon closing the transaction, the insider’s holdings decreased to 4,000 shares, worth approximately $10.18 million.

As published in a research note from Morgan Stanley on July 07, 2025, Progressive Corp [PGR] has been rated down from an Overweight to an Equal-weight and the price target has been revised to $290. Analysts at BofA Securities upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in late April. As of April 17, 2025, Keefe Bruyette has decreased its “an Outperform” rating to a “Mkt perform” for PGR. Earlier on April 04, 2025, BofA Securities downgraded its rating. Their new recommendation was “a Neutral” for PGR stock which previously was a “a Buy”.

Analyzing PGR Stock Performance

On last trading session,, Progressive Corp [NYSE: PGR] rose 1.76% to $246.46. The stock’s lowest price that day was $242.42, but it reached a high of $248.44 in the same session. During the last five days, there has been a drop of approximately -1.58%. Over the course of the year, Progressive Corp shares have jumped approximately 17.72%. 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 243.11, which, if violated, would cause prices to drop to 239.75. In the upper region, resistance lies at 249.13. The next price resistance is at 251.79. RSI (Relative Strength Index) is 35.95 on the 14-day chart, showing neutral technical sentiment.

Is Progressive Corp subject to short interest?

Stocks of Progressive Corp saw a sharp steep in short interest on 2025-06-13 dropping by -0.52 million shares to 6.33 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 6.84 million shares. A decline of -8.17% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 2.09 of the overall float, the days-to-cover ratio (short ratio) decline to 2.09.

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 35.84% from the previous closing price of $242.2. 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 26, 2024, Raymond James assigned a price target of “an Outperform” to the stock and upgraded coverage with a $305.

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.