New insider activity at Progressive ( (PGR) ) has taken place on March 27, 2025.
Director Devin C Johnson recently sold 400 shares of Progressive stock, amounting to a total transaction value of $110,016.
Recent Updates on PGR stock
In the last 24 hours, Progressive has seen significant developments influencing its stock price targets. Barclays raised its price target for Progressive due to the company’s strong long-term outlook despite short-term challenges, while BofA lowered its target citing unspecified reasons. Roth MKM and Morgan Stanley both increased their price targets, driven by Progressive’s strong growth in auto policies and improved earnings per share (EPS) forecasts. Additionally, Progressive’s recent financial performance, including a notable increase in net premiums written and a reduced combined ratio, has contributed to a positive market sentiment. The appointment of Carl Joyce as the new VP and CAO and the CFO’s sale of shares were also noted developments.
More about Progressive
YTD Price Performance: 16.74%
Average Trading Volume: 2,820,454
Technical Sentiment Signal: Sell
Current Market Cap: $160.9B