Progressive Corp’s recently made public that its Officer Broz Steven acquired Company’s shares for reported $0.31 million on Jul 18 ’25. In the deal valued at $247.54 per share,1,267 shares were bought.
Then, Sauerland John P sold 10,000 shares, generating $2,637,900 in total proceeds. Upon selling the shares at $263.79, the VP and Chief Financial Officer now owns 228,024 shares.
Before that, Sauerland John P bought 10,000 shares. Progressive Corp shares valued at $2,637,900 were divested by the Officer at a price of $263.79 per share.
Evercore ISI downgraded its Progressive Corp [PGR] rating to an In-line from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in early July from “an Overweight” to “an Equal-weight”. BofA Securities also remained covering PGR and has increased its forecast on April 28, 2025 with a “Buy” recommendation from previously “Neutral” rating. Keefe Bruyette revised its rating on April 17, 2025. It rated PGR as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of PGR
On Friday, Progressive Corp [NYSE:PGR] saw its stock fall -0.35% to $246.41. Over the last five days, the stock has gained 0.58%. Progressive Corp shares have risen nearly 19.55% since the year began. Nevertheless, the stocks have risen 4.77% over the past one year. While a 52-week high of $292.99 was reached on 03/17/25, a 52-week low of $204.29 was recorded on 01/13/25.
Levels Of Support And Resistance For PGR Stock
The 24-hour chart illustrates a support level at 244.82, which if violated will result in even more drops to 243.24. On the upside, there is a resistance level at 248.27. A further resistance level may holdings at 250.14.
How much short interest is there in Progressive Corp?
A steep rise in short interest was recorded in Progressive Corp stocks on 2025-06-13, dropping by -0.52 million shares to a total of 6.33 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 6.84 million shares. There was a decline of -8.17%, which implies that there is a negative sentiment for the stock.