The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Progressive Corp shares valued at $313,633 were sold by Broz Steven on Jul 18 ’25. At $247.54 per share, Broz Steven sold 1,267 shares. The insider’s holdings dropped to 26,354 shares worth approximately $6.52 million following the completion of this transaction.
Also, Broz Steven purchased 1,267 shares, netting a total of over 313,633 in proceeds.
Before that, Sauerland John P had sold 10,000 shares from its account. In a trade valued at $2,637,900, the VP and Chief Financial Officer traded Progressive Corp shares for $263.79 each. Upon closing the transaction, the insider’s holdings decreased to 10,000 shares, worth approximately $56.41 million.
As published in a research note from Evercore ISI on July 17, 2025, Progressive Corp [PGR] has been rated down from an Outperform to an In-line and the price target has been revised to $275. Analysts at Morgan Stanley downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal-weight”‘ outlook in a report released in early July. As of April 28, 2025, BofA Securities has increased its “Neutral” rating to a “Buy” for PGR. Earlier on April 17, 2025, Keefe Bruyette downgraded its rating. Their new recommendation was “a Mkt perform” for PGR stock which previously was a “an Outperform”.
Analyzing PGR Stock Performance
On last trading session,, Progressive Corp [NYSE: PGR] plunged -0.06% to $247.38. The stock’s lowest price that day was $245.25, but it reached a high of $248.669 in the same session. During the last five days, there has been a surge of approximately 0.04%. Over the course of the year, Progressive Corp shares have jumped approximately 16.52%. 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 245.53, which, if violated, would cause prices to drop to 243.68. In the upper region, resistance lies at 248.95. The next price resistance is at 250.52. RSI (Relative Strength Index) is 38.89 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 2025-06-30 dropping by -0.78 million shares to 6.06 million. Data from Yahoo Finance shows that the short interest on 2025-05-30 was 6.85 million shares. A decline of -12.93% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 1.48 of the overall float, the days-to-cover ratio (short ratio) decline to 1.48.
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 32.91% from the previous closing price of $247.53. 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 April 04, 2025, BofA Securities assigned a price target of “a Neutral” to the stock and downgraded coverage with a $287.