In a filing, Progressive Corp revealed its VP and Chief Financial Officer Sauerland John P unloaded 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 sold. As a result of this transaction, Sauerland John P now holds 228,024 shares worth roughly $55.86 million.
Then, Sauerland John P bought 10,000 shares, generating $2,637,900 in total proceeds.
Before that, Murphy John Jo sold 4,000 shares. Progressive Corp shares valued at $1,041,520 were divested by the Claims President at a price of $260.38 per share. As a result of the transaction, Murphy John Jo now holds 41,289 shares, worth roughly $10.11 million.
Morgan Stanley downgraded its Progressive Corp [PGR] rating to an Equal-weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in late April from “a Neutral” to “a Buy”. Keefe Bruyette also remained covering PGR and has decreased its forecast on April 17, 2025 with a “Mkt perform” recommendation from previously “an Outperform” rating. BofA Securities revised its rating on April 04, 2025. It rated PGR as “a Neutral” which previously was an “a Buy”.
Price Performance Review of PGR
On Friday, Progressive Corp [NYSE:PGR] saw its stock fall -1.76% to $244.98. Over the last five days, the stock has lost -6.37%. Progressive Corp shares have risen nearly 19.14% since the year began. Nevertheless, the stocks have risen 4.17% over the past one year. While a 52-week high of $292.99 was reached on 03/17/25, a 52-week low of $203.67 was recorded on 01/13/25.
Levels Of Support And Resistance For PGR Stock
The 24-hour chart illustrates a support level at 243.32, which if violated will result in even more drops to 241.65. On the upside, there is a resistance level at 247.89. A further resistance level may holdings at 250.79.
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.
