Shares of Progressive Corporation (The) (PGR) Sees Large Inflow of Net Money Flow

Progressive Corporation (The) (PGR) : Fridays money flow indicated an uptick to downtick ratio was at 1.27. The total value of inflow transactions on upticks was $1.33 million, whereas, the total value of outflow trades on downticks was $1.05 million. The total money flow was $0.29 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $0.45 million. The total value of the trades done on upticks was $0.45 million. Progressive Corporation (The) (PGR) was trading with a -0.06% change over previous days close. It fell $0.02 during the day and reached $32.5. The stock was 0.81% compared to the previous weeks close.


The company Insiders own 0.6% of Progressive Corporation (The) shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -19.22% . Institutional Investors own 76.79% of Progressive Corporation (The) shares. During last six month period, the net percent change held by insiders has seen a change of -16.42%.

In a related news, The officer (Claims President), of Progressive Corp/Oh/, Sieger Michael D had unloaded 3,200 shares at $32.93 per share in a transaction on July 22, 2016. The total value of transaction was $105,376. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Progressive Corporation (The) (NYSE:PGR): stock was range-bound between the intraday low of $32.31 and the intraday high of $32.735 after having opened at $32.6 on Fridays session. The stock finally closed in the red at $32.6, a loss of -0.15%. The stock remained in the red for the whole trading day. The total traded volume was 2,333,534 shares. The stock failed to cross $32.735 in Fridays trading. The stocks closing price on Thursday was $32.52.

Progressive Corporation (The) (PGR) has been under a strong bear grip, hence the stock is down -4.71% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.21% in the past 1 week. The stock has risen by 0.71% in the past week indicating that the buyers are active at lower levels, but the stock is down -4.84% in the past 4 weeks.

The Progressive Corporation is an insurance holding company. The Companys insurance subsidiaries and mutual insurance company affiliate provide personal auto insurance, commercial auto and truck insurance principally for small businesses, and other specialty property-casualty insurance and related services. The Companys property-casualty insurance products protect its customers against losses due to collision and physical damage to their motor vehicles, uninsured and underinsured bodily injury, and liability to others for personal injury or property damage arising out of the use of those vehicles. Its non-insurance subsidiaries and limited partnership investment affiliate support its insurance and investment operations.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.