PGR Stock Ownership Breakdown

A company's 13F filings with the Securities and Exchange Commission (SEC) provides investors with comprehensive information about institutional ownership in a listed company, a sign of strength in terms of how many institutions have confidence in that company. The number of institutional investors who currently own PGR shares is 2229, representing 87.08% of the company's common stock.

FIDUCIARY MANAGEMENT INC /WI/, in the last quarter, reduced its stake in PGR by -7.02% restricting it's holding to 1.01 million shares of worth nearly $209.67M. NORDEA INVESTMENT MANAGEMENT AB also lessened -13.47% of the PGR shares from its portfolio, reducing its holding to 992.58 thousand shares of worth $205.45M. JPMORGAN CHASE & CO also shunned PGR shares holding by -18.96% last quarter which brought its holding to 21.38 million shares worth $4.42B.

As per its latest 13F filing, BLAIR WILLIAM & CO/IL increased its stake in PGR by 4.22% in the last quarter. The institutional holder raised its holding to 1.57 million shares having worth more than $324.33M. MACKENZIE FINANCIAL CORP also added 1.12% more shares of PGR to its portfolio, raising its holding to 1.14 million shares of worth $236.69M. RAYMOND JAMES & ASSOCIATES also increased its PGR shares holding by 4.86% which brought its holding to 1.09 million shares worth $226.09M.

The insider with the most stakes in PGR is Griffith Susan Patricia , President and CEO at the company. Additionally, PGR stock is highly held by VP and Chief Financial Officer Sauerland John P and Chief Marketing Officer Charney M Jeffrey among others.

Company executives, directors, and other insiders own 0.28% percent of The Progressive Corporation's stock. Within the last six months, there have been 23 transaction(s) in which PGR insiders have sold stock, totaling 156.4K shares. Insiders that have sold shares include NIEDERST LORI A, KELLY JEFFREY D, and SAUERLAND JOHN P.

There have been 0 transaction(s) during the past 6-months in which The Progressive Corporation insiders have bought stock, totalling 0 shares

Around 2.76M The Progressive Corporation shares are held by insiders, which represents about 0.28% of PGR stock.

PGR President and CEO, Griffith Susan Patricia holds the largest portfolio of the company's shares. PGR shares owned by Griffith total nearly 473.74 thousand.

BLAIR WILLIAM & CO/IL is the largest institutional owner in PGR which holds 1.57 million shares worth $324.33M or 0.27% of the total PGR shares outstanding followed by MACKENZIE FINANCIAL CORP with ownership of 1.14 million shares representing 0.2% of the PGR ownership. RAYMOND JAMES & ASSOCIATES is the third largest stakeholder with 1.09 million shares or 0.19% of the ownership worth more than $226.09M.

Stock options give the owner the ability but not the obligation to buy or sell a security at a predetermined price and date. Stock options can be classified into two types: puts and calls. A put is a bet on falling stock, and a call is a bet on rising stock. As far as the PGR is concerned, it is a stock which is optionable.

Number of PGR shares short is 6.16M. Shares short is a market sentiment in which investors have sold their shares short in a given stock but have not yet covered them or closed them out.

As of today, 585.81M shares of PGR are outstanding.

Float represents the number of tradeable shares in a specific stock. By subtracting restricted and closely-held shares from a firm's total outstanding shares, we can calculate its floating stock. The term "closely-held shares" refers to shares held by employees, major shareholders, and company insiders. At present, PGR has 583.45M shares in float.

Short ratio is calculated by dividing the number of short shares, short interest or bets that shareholders will sell short from the average daily volume. A higher ratio indicates longer times needed to repurchase borrowed shares (sold). The short ratio for PGR is 2.5.