Progressive Corp Ownership
| PGR Stock | USD 260.35 2.26 0.86% |
Shares in Circulation | First Issued 1985-09-30 | Previous Quarter 587.3 M | Current Value 587.6 M | Avarage Shares Outstanding 773.9 M | Quarterly Volatility 159.9 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Progressive |
Progressive Stock Ownership Analysis
About 87.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 1.05. Progressive Corp recorded earning per share (EPS) of 13.76. The entity last dividend was issued on the 3rd of October 2024. The firm had 4:1 split on the 19th of May 2006. The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-casualty insurance products and related services in the United States. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield, Ohio. Progressive Corp operates under InsuranceProperty Casualty classification in the United States and is traded on New York Stock Exchange. It employs 49077 people. To find out more about Progressive Corp contact Susan Griffith at (440) 461-5000 or learn more at https://www.progressive.com.Besides selling stocks to institutional investors, Progressive Corp also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Progressive Corp's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Progressive Corp's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Progressive Corp Quarterly Liabilities And Stockholders Equity |
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Progressive Corp Insider Trades History
Less than 1% of Progressive Corp are currently held by insiders. Unlike Progressive Corp's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Progressive Corp's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Progressive Corp's insider trades
Progressive Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Progressive Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Progressive Corp backward and forwards among themselves. Progressive Corp's institutional investor refers to the entity that pools money to purchase Progressive Corp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Alliancebernstein L.p. | 2024-09-30 | 7.5 M | Hhg Plc | 2024-09-30 | 7.2 M | Capital World Investors | 2024-09-30 | 6.7 M | T. Rowe Price Associates, Inc. | 2024-09-30 | 6.7 M | Brown Advisory Holdings Inc | 2024-09-30 | 5.8 M | Nuveen Asset Management, Llc | 2024-09-30 | 5.6 M | Northern Trust Corp | 2024-09-30 | 5.5 M | Principal Financial Group Inc | 2024-09-30 | 5.4 M | Amvescap Plc. | 2024-09-30 | 5.4 M | Vanguard Group Inc | 2024-09-30 | 52.8 M | Blackrock Inc | 2024-06-30 | 48.5 M |
Progressive Corp Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Progressive Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Progressive Corp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Progressive Corp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Barrett Danelle Marie over six months ago Acquisition by Barrett Danelle Marie of 904 shares of Progressive Corp subject to Rule 16b-3 |
Progressive Corp's latest congressional trading
Congressional trading in companies like Progressive Corp, is subject to rigorous scrutiny to prevent conflicts of interest and insider trading. This is governed by multiple SEC regulations which were established to foster transparency and deter members of Congress from leveraging non-public information for personal gain. This oversight helps maintain public trust and ensures that investments in Progressive Corp by those in governmental positions are based on the same information available to the general public.
| 2024-11-11 | Representative Ro Khanna | Acquired Under $15K | Verify | ||
| 2024-09-02 | Representative John James | Acquired Under $15K | Verify | ||
| 2024-07-09 | Representative Josh Gottheimer | Acquired Under $15K | Verify | ||
| 2021-03-17 | Representative Robert J Wittman | Acquired Under $15K | Verify |
Progressive Corp Outstanding Bonds
Progressive Corp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Progressive Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Progressive bonds can be classified according to their maturity, which is the date when Progressive Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| PROGRESSIVE P OH Corp BondUS743315AJ20 | View | |
| PROGRESSIVE P OH Corp BondUS743315AL75 | View | |
| PROGRESSIVE P OH Corp BondUS743315AP89 | View | |
| PROGRESSIVE P OH Corp BondUS743315AQ62 | View | |
| PROGRESSIVE P OH Corp BondUS743315AR46 | View | |
| PROGRESSIVE P OH Corp BondUS743315AS29 | View | |
| PROGRESSIVE P OH Corp BondUS743315AT02 | View | |
| PROGRESSIVE P OH Corp BondUS743315AV57 | View |
Progressive Corp Corporate Filings
F4 | 3rd of December 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 15th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 4th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
Pair Trading with Progressive Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Progressive Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Progressive Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Progressive Stock
The ability to find closely correlated positions to Progressive Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Progressive Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Progressive Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Progressive Corp to buy it.
The correlation of Progressive Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Progressive Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Progressive Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Progressive Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Progressive Stock Analysis
When running Progressive Corp's price analysis, check to measure Progressive Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Progressive Corp is operating at the current time. Most of Progressive Corp's value examination focuses on studying past and present price action to predict the probability of Progressive Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Progressive Corp's price. Additionally, you may evaluate how the addition of Progressive Corp to your portfolios can decrease your overall portfolio volatility.