In a filing, Progressive Corp revealed its VP and Chief Financial Officer Sauerland John P unloaded Company’s shares for reported $4.15 million on Jul 28 ’25. In the deal valued at $249.24 per share,16,664 shares were sold. As a result of this transaction, Sauerland John P now holds 228,024 shares worth roughly $54.97 million.
Then, Quigg Andrew J sold 3,191 shares, generating $795,325 in total proceeds. Upon selling the shares at $249.24, the Chief Strategy Officer now owns 37,977 shares.
Before that, Murphy John Jo sold 2,218 shares. Progressive Corp shares valued at $552,814 were divested by the Claims President at a price of $249.24 per share. As a result of the transaction, Murphy John Jo now holds 47,942 shares, worth roughly $11.56 million.
Evercore ISI downgraded its Progressive Corp [PGR] rating to an In-line from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in early July from “an Overweight” to “an Equal-weight”. BofA Securities also remained covering PGR and has increased its forecast on April 28, 2025 with a “Buy” recommendation from previously “Neutral” rating. Keefe Bruyette revised its rating on April 17, 2025. It rated PGR as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of PGR
On Friday, Progressive Corp [NYSE:PGR] saw its stock fall -0.39% to $241.09. Over the last five days, the stock has lost -3.60%. Progressive Corp shares have risen nearly 13.89% since the year began. Nevertheless, the stocks have risen 2.51% over the past one year. While a 52-week high of $292.99 was reached on 03/17/25, a 52-week low of $204.29 was recorded on 01/13/25.
Levels Of Support And Resistance For PGR Stock
The 24-hour chart illustrates a support level at 239.30, which if violated will result in even more drops to 237.50. On the upside, there is a resistance level at 243.18. A further resistance level may holdings at 245.26.
How much short interest is there in Progressive Corp?
A steep rise in short interest was recorded in Progressive Corp stocks on 2025-07-15, dropping by 66996.0 shares to a total of 6.26 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-13 was 6.33 million shares. There was a decline of -1.07%, which implies that there is a negative sentiment for the stock.
