Citigroup analysts initates a Buy rating for Progressive Corp (PGR)

Progressive Corp’s filing revealed that its Claims President Murphy John Jo unloaded Company’s shares for reported $0.56 million on Aug 22 ’25. In the deal valued at $250.78 per share,2,218 shares were sold. As a result of this transaction, Murphy John Jo now holds 45,724 shares worth roughly $11.16 million.

Then, Callahan Patrick K sold 6,232 shares, generating $1,557,749 in total proceeds. Upon selling the shares at $249.96, the Personal Lines President now owns 21,612 shares.

Before that, Broz Steven sold 1,345 shares. Progressive Corp shares valued at $337,299 were divested by the Chief Information Officer at a price of $250.78 per share. As a result of the transaction, Broz Steven now holds 31,733 shares, worth roughly $7.75 million.

Citigroup initiated its Progressive Corp [PGR] rating to a Buy in a research note published on August 13, 2025; the price target was $312. A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who began to cover the stock in mid August with a ‘”a Neutral”‘ rating. Evercore ISI also remained covering PGR and has decreased its forecast on July 17, 2025 with a “an In-line” recommendation from previously “an Outperform” rating. Morgan Stanley revised its rating on July 07, 2025. It rated PGR as “an Equal-weight” which previously was an “an Overweight”.

Price Performance Review of PGR

On Monday, Progressive Corp [NYSE:PGR] saw its stock fall -2.05% to $244.09. Over the last five days, the stock has lost -1.21%. Progressive Corp shares have risen nearly 4.79% since the year began. Nevertheless, the stocks have risen 3.79% over the past one year. While a 52-week high of $292.99 was reached on 03/17/25, a 52-week low of $228.54 was recorded on 01/13/25.

Levels Of Support And Resistance For PGR Stock

The 24-hour chart illustrates a support level at 242.40, which if violated will result in even more drops to 240.72. On the upside, there is a resistance level at 247.16. A further resistance level may holdings at 250.23.

How much short interest is there in Progressive Corp?

A steep rise in short interest was recorded in Progressive Corp stocks on 2025-07-31, growing by 0.96 million shares to a total of 7.03 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-30 was 6.06 million shares. There was a rise of 13.71%, which implies that there is a positive sentiment for the stock.

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.