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Progressive Corporation Stock Surges 129% in Trading Volume, Ranks 83rd in Daily Turnover
Generated by AI AgentAinvest Volume Radar
Friday, May 30, 2025 7:59 pm ET1min read
On May 30, 2025, The
(PGR) saw a significant surge in trading volume, with a turnover of 14.40 billion, marking a 129.09% increase from the previous day. This substantial rise in trading activity positioned as the 83rd most traded stock on the day.John Sauerland, the Vice President and Chief Financial Officer of Progressive Corporation, executed a notable stock sale earlier this week. Sauerland sold 10,000 shares of the company's stock in a transaction on Wednesday, May 28th. This sale amounted to approximately $2.75 million, reducing his direct ownership in the company by 4% to 238,024 units.
Marcum Wealth LLC, an investment firm, increased its stake in Progressive Corporation by 13.5% during the first quarter. This move indicates a growing confidence in the company's prospects among institutional investors.
Roger N Farah, a director at Progressive Corporation, holds a significant stake in the company. As of the latest reports, Farah owns 1,715 shares of Progressive Corporation, valued at approximately $488,655. Farah's involvement with Progressive Corporation is part of a broader portfolio that includes directorships in other prominent companies such as Tiffany & Co and CVS Health Corp.
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