Progressive Shares Dip 0.49% with $25M in Insider Sales Amid Mixed Institutional Buys, Stock Ranks 183rd in Market Activity

On September 2, 2025, The Progressive Corporation (PGR) traded at $245.86, down 0.49% with a volume of $0.58 billion, ranking 183rd in market activity. Analysts highlighted mixed institutional activity, as insiders sold $25 million in shares, signaling potential caution, while entities like Marshfield Associates and Quay Capital increased holdings. The stock’s 12-month average price-to-earnings ratio of 13.79 remains below both market and sector averages, suggesting relative affordability. However, recent insider selling and a 12.3% rise in short interest over the past month underscore near-term uncertainty.

Analyst sentiment remains split, with 9 buy and 9 hold ratings, but no sell calls. The company’s projected 4.9% earnings growth for the year supports a moderate buy rating. Institutional ownership at 85.34% reflects strong institutional confidence, though recent insider sales of $29.76 million highlight diverging views on its valuation. Short-term momentum appears challenged, with the stock underperforming the S&P 500’s 9.08% year-to-date gain, despite a 106.95% three-year return.

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