The recent market activities around
The Progressive Corporation (NYSE: PGR) suggest a mix of investor responses. There are clear
moves by entities like Calamos Advisors, Banco Bilbao, and PNC Financial Services Group to
increase their stakes in PGR. However, other investors like Bailard Inc., Candriam S.C.A, and Tobam have
reduced their positions. While several firms, such as Barclays and Morgan Stanley, have
lowered their price targets for PGR, Citi has maintained its
buy rating on the corporation. The
sell-off of shares by insiders like Steven Broz might suggest a lack of confidence, although it could also be a result of individual financial planning. Despite the discrepancies, note that the
stock performance still attracts investor attention. Furthermore,
institutional shareholders still own a significant proportion (88%) of the company, indicating sustained confidence on a larger scale. Overall, it seems the market's
perception of PGR is mixed but veers towards caution.
Progressive Corporation PGR News Analytics from Wed, 04 Jun 2025 07:00:00 GMT to Sat, 15 Nov 2025 10:28:43 GMT -
Rating -2
- Innovation 3
- Information 10
- Rumor 2
