New insider activity at Progressive ( (PGR) ) has taken place on January 31, 2025.
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CRM President Lori A Niederst recently sold 3,855 shares of Progressive stock, resulting in a transaction valued at $952,416.
Recent Updates on PGR stock
In the latest developments regarding Progressive, Wells Fargo analyst Elyse Greenspan raised the firm’s price target for the company due to its strong earnings performance, noting that the Q4 EPS of $4.01 exceeded the consensus of $3.56. Despite an earnings beat, the company’s shares remained roughly flat due to growth in Policies in Force (PIF) falling short of expectations. However, the firm sees Progressive as well-positioned to continue its growth trajectory and capture more market share within the auto insurance sector, supporting the decision to maintain an ‘Overweight’ rating on the stock.
More about Progressive
YTD Price Performance: 6.01%
Average Trading Volume: 2,566,525
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $146B