Broz Steven

CIO Steven Broz sells 2,981 shares of PGR at $251.15; holds 26,353 shares post-sale

Steven Broz, Chief Information Officer at Progressive Corp, sold 2,981 shares on 2024-10-21 at $251.15, reducing his holdings from 29,334 to 26,353 shares. The sale occurred near the 52-week high of $259.24 (at -4.6% from the peak), though the stock has declined 4.0% over the prior 30 days and the current price of $247.25 is below the transaction price. Across his prior five PGR sales, Broz's timing has been unfavorable at the 90-day measurement window: 0 of 3 measurable outcomes showed the stock falling after his sales, and the 90-day returns ranged from +7.3% to +23.6%—indicating he has consistently sold before subsequent gains at this ticker. This sale represents a -10.2% reduction in his holdings, a material disposition that warrants investor observation of the stated rationale and any subsequent insider activity patterns at Progressive.

PGR CIO Steven Broz sells 2,982 shares at $260.00 (September 23), retaining 29,334 shares post-transaction

Steven Broz sold 2,982 shares of Progressive for $775,320.00, reducing his holdings by 9.2% to 29,334 shares. The transaction occurred at $260.00, which was just 1.0% below the 52-week high of $259.24. His prior sales at this ticker show mixed timing outcomes: his 2024-06-24 sale achieved a 90-day gain of 23.6%, while his 2024-05-15 sale saw a 90-day gain of 7.3%, meaning neither preceded a stock decline. The company's fundamentals remain solid with annual revenue growth of 25.2%, net income of $1.5B, and a P/E of 21.78. The recent 30-day gain of 6.3% and 90-day gain of 23.2% occurred after the sale, suggesting the stock continued its upward trajectory post-transaction.

CIO Steven Broz sells 6,122 PGR shares at $235.19; stock now at $238.75 after +8.8% in 30 days

Chief Information Officer Steven Broz sold 6,122 shares of Progressive on 2024-08-19 at $235.19, reducing his holdings by 15.9% from 38,438 to 32,316 shares, for a total of $1,439,833.18. The sale occurred in a rising environment: PGR has gained +8.8% over the prior 30 days and +15.7% over 90 days, and currently trades at $238.75, near its 52-week high of $238.75. Broz's cross-ticker track record shows 3 prior sells with mixed timing outcomes, while at PGR specifically he has made 3 prior sales with 1 measurable 90-day outcome (well-timed on only 0 of 1 measured instances). This sale follows another PGR sale just 28 days prior (2024-07-22), suggesting a pattern of ongoing portfolio reduction rather than a response to deteriorating conditions.

CIO Steven Broz sells 3,050 PGR shares at $214.01; holds 38,438 post-transaction.

Broz Steven, Chief Information Officer of Progressive, executed an open-market sale of 3,050 shares valued at $652,730.50 on 2024-07-22, reducing holdings by 7.4% to 38,438 shares. His prior two sales at PGR (2024-06-24 and 2024-05-15) showed mixed short-term outcomes: +2.7% at 30 days on the June trade and -1.6% at 30 days on the May trade, with 90-day outcomes still not measurable for either. His cross-ticker track record across two prior sells averaged +0.5% at the 30-day mark. The stock currently trades at $215.44, just 0.7% above the sale price and -4.0% from its 52-week high of $224.53, while the company reports strong fundamentals (revenue $17.2B, net income $2.3B, annual growth +25.2%, P/E 21.81, market cap $126.2B). The transaction reflects a measured reduction in a concentrated holding rather than a major exit signal.

CIO Broz Steven sold 3,050 shares of PGR at $209.81 (June 24), reducing stake 8.6% to 32,453 shares.

Steven Broz, CIO of Progressive, sold 3,050 shares at $209.81 on 2024-06-24 for $639,920.50, reducing his holdings from 35,503 to 32,453 shares. The sale occurred near the 52-week high of $215.90 (within 3.6% of peak), and his cross-ticker track record shows 1 prior sell with an average 30-day return of -1.6%, indicating mixed historical timing. At PGR specifically, his only prior measurable trade was a May 2024 sell that also showed -1.6% 30-day return, suggesting a pattern of limited precision in exit timing. The company's fundamentals remain solid—$17.2B quarterly revenue, +25.2% annual revenue growth, and P/E of 21.07—providing no obvious deterioration catalyst for the transaction.