PGR’s short interest shows a sharp rise on 2025-12-31

Daniel Torres

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Progressive Corp shares valued at $634,507 were purchased by Bauer Jonathan S. on Jan 21 ’26. At $204.35 per share, Bauer Jonathan S. acquired 3,105 shares.

Also, Quigg Andrew J purchased 1,649 shares, netting a total of over 336,973 in proceeds.

Before that, Broz Steven had sold 1,344 shares from its account. In a trade valued at $302,131, the Chief Information Officer traded Progressive Corp shares for $224.80 each. Upon closing the transaction, the insider’s holdings decreased to 1,344 shares, worth approximately $5.35 million.

As published in a research note from Barclays on January 08, 2026, Progressive Corp [PGR] has been rated up from an Equal weight to an Overweight and the price target has been revised to $265. Analysts at William Blair downgraded the stock from ‘”an Outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in mid December. As of December 16, 2025, Mizuho has initiated its “Neutral” rating for PGR. Earlier on November 17, 2025, HSBC Securities upgraded its rating. Their new recommendation was “a Buy” for PGR stock which previously was a “a Hold”.

Analyzing PGR Stock Performance

On last trading session, Progressive Corp [NYSE: PGR] plunged -0.45% to $203.0. The stock’s lowest price that day was $200.06, but it reached a high of $205.8 in the same session. During the last five days, there has been a drop of approximately -1.00%. Over the course of the year, Progressive Corp shares have dropped approximately -16.69%.

Is Progressive Corp subject to short interest?

Stocks of Progressive Corp saw a sharp rise in short interest on 2025-12-31 jumping by 12232.0 shares to 6.67 million. Data from Yahoo Finance shows that the short interest on 2025-11-28 was 6.66 million shares. A jump of 0.18% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 2.24 of the overall float, the days-to-cover ratio (short ratio) jumped to 2.24.

Which companies own the most shares of Progressive Corp (PGR)?

In terms of Progressive Corp share price expectations, FactSet research, analysts set an average price target of 239 in the next 12 months, up nearly 17.2% from the previous closing price of $203.92. Analysts anticipate Progressive Corp stock to reach 265 by 2026, with the lowest price target being 214. In spite of this, 17 analysts ranked Progressive Corp stock as Buy at the end of 2026.

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