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

Progressive Corporation (The) (PGR) : Investors lapped up stocks on upticks to the tune of $18.24 million in the Tuesdays trading session. The trading value on downticks was comparatively at $10.62 million and the uptick to downtick ratio of 1.72 indicates continuous buying by the bulls. The net money flow into the stock was $7.62 million. Upticks saw transactions worth $7.5 clearly indicating buying by large investors. The total money flow for block trades stood at $7.5 million, which is a positive for the stock in the long-term. Progressive Corporation (The) (PGR) fell $0.25 during the day at $33.26, a drop of -0.75% over the previous days close. However, for the week, the stock is -1.28%, compared to the previous week.


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 -13.02% . Institutional Investors own 77.5% of Progressive Corporation (The) shares. During last six month period, the net percent change held by insiders has seen a change of 4.38%. In an insider trading activity,The Officer (Commercial Lines Grp President) of PROGRESSIVE CORP/OH/, Barbagallo John A sold 11,000 shares at $31.5 on June 28, 2016. The Insider selling transaction had a total value worth of $346,500. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Shares of Progressive Corp. rose by 0.7% in the last five trading days and 1.84% for the last 4 weeks. Progressive Corp. has dropped 4.18% during the last 3-month period . Year-to-Date the stock performance stands at 7.65%.

Progressive Corporation (The) (NYSE:PGR): On Tuesdays trading session , Opening price of the stock was $33.58 with an intraday high of $33.74. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $33.23. However, the stock managed to close at $33.26, a loss of 0.75% for the day. On the previous day, the stock had closed at $33.51. The total traded volume of the day was 3,229,522 shares.

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.

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