Progressive Corp’s filing revealed that its Officer Sauerland John P acquired Company’s shares for reported $2.64 million on Jun 30 ’25. In the deal valued at $263.79 per share,10,000 shares were bought.
Then, Murphy John Jo sold 4,000 shares, generating $1,041,520 in total proceeds. Upon selling the shares at $260.38, the Claims President now owns 41,289 shares.
Before that, Broz Steven sold 1,267 shares. Progressive Corp shares valued at $329,901 were divested by the Chief Information Officer at a price of $260.38 per share. As a result of the transaction, Broz Steven now holds 27,621 shares, worth roughly $7.37 million.
BofA Securities upgraded its Progressive Corp [PGR] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who decreased its forecast for the stock in mid April from “an Outperform” to “a Mkt perform”. BofA Securities also remained covering PGR and has decreased its forecast on April 04, 2025 with a “Neutral” recommendation from previously “Buy” rating. Raymond James revised its rating on December 26, 2024. It rated PGR as “an Outperform” which previously was an “a Mkt perform”.
Price Performance Review of PGR
On Monday, Progressive Corp [NYSE:PGR] saw its stock jump 1.09% to $266.86. Over the last five days, the stock has gained 0.18%. Progressive Corp shares have risen nearly 30.59% since the year began. Nevertheless, the stocks have risen 13.47% over the past one year. While a 52-week high of $292.99 was reached on 03/17/25, a 52-week low of $203.65 was recorded on 01/13/25.
Levels Of Support And Resistance For PGR Stock
The 24-hour chart illustrates a support level at 263.96, which if violated will result in even more drops to 261.07. On the upside, there is a resistance level at 268.84. A further resistance level may holdings at 270.82.
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.
