PGR’s short interest reaches 6.26 million shares on 2025-07-15

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Progressive Corp shares valued at $4,153,335 were sold by Sauerland John P on Jul 28 ’25. At $249.24 per share, Sauerland John P sold 16,664 shares. The insider’s holdings dropped to 228,024 shares worth approximately $55.12 million following the completion of this transaction.

Also, Quigg Andrew J sold 3,191 shares, netting a total of over 795,325 in proceeds. Following the sale of shares at $249.24 each, the insider now holds 37,977 shares.

Before that, Murphy John Jo had sold 2,218 shares from its account. In a trade valued at $552,814, the Claims President traded Progressive Corp shares for $249.24 each. Upon closing the transaction, the insider’s holdings decreased to 2,218 shares, worth approximately $11.59 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] rose 0.09% to $241.71. The stock’s lowest price that day was $240.43, but it reached a high of $242.565 in the same session. During the last five days, there has been a drop of approximately -2.35%. Over the course of the year, Progressive Corp shares have jumped approximately 14.18%.

Support And Resistance Levels for Progressive Corp (PGR)

RSI (Relative Strength Index) is 35.37 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 2025-07-15 dropping by 66996.0 shares to 6.26 million. Data from Yahoo Finance shows that the short interest on 2025-06-13 was 6.33 million shares. A decline of -1.07% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 1.41 of the overall float, the days-to-cover ratio (short ratio) decline to 1.41.

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 36.24% from the previous closing price of $241.49. 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.

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