Progressive (NYSE:PGR) Shares Unloaded Rep. Julie Johnson

Representative Julie Johnson (D-Texas) recently sold shares of The Progressive Corporation (NYSE:PGR). In a filing disclosed on January 15th, the Representative disclosed that they had sold between $1,001 and $15,000 in Progressive stock on December 18th. The trade occurred in the Representative’s “CHASE BROKERAGE ACCOUNT (3935)” account.

Representative Julie Johnson also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Texas Instruments (NASDAQ:TXN) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of General Dynamics (NYSE:GD) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Dover (NYSE:DOV) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Philip Morris International (NYSE:PM) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Bank of America (NYSE:BAC) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Republic Services (NYSE:RSG) on 12/18/2025.

Progressive Price Performance

Shares of PGR traded down $1.17 during mid-day trading on Friday, reaching $202.35. The company had a trading volume of 3,796,314 shares, compared to its average volume of 2,916,943. The company has a market capitalization of $118.66 billion, a price-to-earnings ratio of 11.10, a P/E/G ratio of 1.23 and a beta of 0.34. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.29 and a current ratio of 0.29. The company’s 50 day simple moving average is $222.93 and its 200 day simple moving average is $233.97. The Progressive Corporation has a 1-year low of $199.90 and a 1-year high of $292.99.

Progressive (NYSE:PGR) last issued its earnings results on Wednesday, October 15th. The insurance provider reported $4.45 earnings per share for the quarter, missing analysts’ consensus estimates of $5.04 by ($0.59). The company had revenue of $21.38 billion during the quarter, compared to analyst estimates of $21.64 billion. Progressive had a net margin of 12.57% and a return on equity of 33.88%. During the same quarter in the prior year, the business earned $3.58 EPS. Analysts expect that The Progressive Corporation will post 14.68 EPS for the current year.

Progressive Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 8th. Stockholders of record on Friday, January 2nd were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Friday, January 2nd. Progressive’s dividend payout ratio (DPR) is presently 2.19%.

Insider Buying and Selling at Progressive

In other Progressive news, insider Steven Broz sold 1,345 shares of Progressive stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $228.29, for a total transaction of $307,050.05. Following the completion of the transaction, the insider owned 27,698 shares of the company’s stock, valued at $6,323,176.42. The trade was a 4.63% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO John P. Sauerland sold 5,000 shares of the company’s stock in a transaction dated Friday, November 28th. The shares were sold at an average price of $228.48, for a total value of $1,142,400.00. Following the sale, the chief financial officer owned 223,024 shares in the company, valued at approximately $50,956,523.52. This represents a 2.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 9,034 shares of company stock valued at $2,047,481. 0.34% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on PGR shares. Zacks Research lowered Progressive from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 10th. BMO Capital Markets reduced their price target on Progressive from $253.00 to $239.00 and set a “market perform” rating on the stock in a report on Thursday. Hsbc Global Res lowered shares of Progressive from a “strong-buy” rating to a “hold” rating in a report on Friday. HSBC set a $259.00 target price on shares of Progressive and gave the stock an “underperform” rating in a research report on Monday, November 17th. Finally, Morgan Stanley restated an “underweight” rating on shares of Progressive in a research report on Wednesday, December 17th. Seven investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $259.39.

Institutional Investors Weigh In On Progressive

A number of institutional investors have recently modified their holdings of PGR. New York Life Investment Management LLC lifted its stake in shares of Progressive by 1.4% during the 2nd quarter. New York Life Investment Management LLC now owns 87,760 shares of the insurance provider’s stock valued at $23,420,000 after buying an additional 1,192 shares in the last quarter. Baron Silver Stevens Financial Advisors LLC purchased a new position in Progressive in the 2nd quarter valued at approximately $306,000. Mather Group LLC. raised its holdings in Progressive by 40.6% during the 3rd quarter. Mather Group LLC. now owns 16,840 shares of the insurance provider’s stock valued at $4,159,000 after acquiring an additional 4,865 shares during the period. Gateway Investment Advisers LLC lifted its position in shares of Progressive by 91.7% during the third quarter. Gateway Investment Advisers LLC now owns 11,710 shares of the insurance provider’s stock worth $2,892,000 after acquiring an additional 5,600 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund boosted its holdings in shares of Progressive by 32.4% in the third quarter. Oregon Public Employees Retirement Fund now owns 67,056 shares of the insurance provider’s stock worth $16,559,000 after acquiring an additional 16,398 shares during the period. 85.34% of the stock is owned by institutional investors.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

About Progressive

Progressive Corporation is a large U.S.-based property and casualty insurer that primarily underwrites personal auto insurance along with a broad suite of related products. Its offerings include coverage for private passenger automobiles, commercial auto fleets, motorcycles, boats and recreational vehicles, as well as homeowners, renters, umbrella and other specialty P&C products. Progressive also provides claims handling, risk management and related services to individual and commercial policyholders.

The company distributes its products through a mix of direct channels—online and by phone—and an extensive independent agent network.