Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Progressive Corp shares valued at $351,985 were sold by Broz Steven on May 23 ’25. At $277.81 per share, Broz Steven sold 1,267 shares. The insider’s holdings dropped to 28,888 shares worth approximately $8.0 million following the completion of this transaction.
Also, Sauerland John P purchased 10,000 shares, netting a total of over 2,753,700 in proceeds.
Before that, Van Dyke Kahina had sold 2,490 shares from its account. In a trade valued at $691,398, the Director traded Progressive Corp shares for $277.67 each. Upon closing the transaction, the insider’s holdings decreased to 2,490 shares, worth approximately $3.44 million.
As published in a research note from BofA Securities on April 28, 2025, Progressive Corp [PGR] has been rated up from a Neutral to a Buy and the price target has been revised to $312. Analysts at Keefe Bruyette downgraded the stock from ‘”an Outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in mid April. As of April 04, 2025, BofA Securities has decreased its “Buy” rating to a “Neutral” for PGR. Earlier on December 26, 2024, Raymond James upgraded its rating. Their new recommendation was “an Outperform” for PGR stock which previously was a “a Mkt perform”.
Analyzing PGR Stock Performance
During the last five days, there has been a drop of approximately -3.01%. Over the course of the year, Progressive Corp shares have jumped approximately 17.79%. 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 274.77, which, if violated, would cause prices to drop to 272.52. In the upper region, resistance lies at 279.86. The next price resistance is at 282.70. RSI (Relative Strength Index) is 47.75 on the 14-day chart, showing neutral technical sentiment.
