Niederst Lori A

PGR President Lori A Niederst sold 8,063 shares at $250.18 for $2.0M on 2025-08-14, reducing holdings 17.1%.

Niederst sold 8,063 shares at $250.18, reducing her stake by 17.1% to 39,040 shares. At the transaction price, she was selling approximately 1.2% above the current market price of $247.15, which sits 15.1% below the 52-week high of $291.22. Reviewing her prior transaction history at Progressive, her three most recent sales occurred on 2025-01-30, 2024-07-22, and 2023-11-28, with 90-day outcomes of +14.0%, +17.3%, and +17.8% respectively—all positive returns, indicating her prior sales preceded stock appreciation. The stock is trading in a depressed state relative to its recent range, having declined 13.6% over 90 days.

PGR: CRM President Niederst sells 3,855 shares ($952.4K) at $247.06 on 2025-01-30; retains 39.0K shares.

Lori A Niederst, President of Claims and Recovery Management at Progressive, sold 3,855 shares of PGR on 2025-01-30 at $247.06, reducing her holdings by 9.0% to 39,039 shares. The trade occurred near the stock's 52-week high of $268.88 (within 8.4%), consistent with her prior sell activity at PGR, which has shown mixed timing outcomes: a July 2024 sale was followed by a 90-day gain of 17.3%, while a November 2023 sale was also followed by a 90-day gain of 17.8%. Across her broader open-market history, her prior two sells averaged a 90d well-timed rate of 0.00%, suggesting no clear pattern of selling before declines. The company's fundamentals remain strong, with FY revenue growth of 25.2% and net income of $2,333,400,000.00 in the latest quarter, though the stock's 30-day change of +2.8% suggests recent momentum in the market price relative to her sale price of $247.06 versus the current price of $246.44.

PGR CRM President Niederst sells 9.5K shares for $2.0M at $214.01; retains 39.0K shares

Lori A. Niederst, Progressive's Chief Risk Management Officer, sold 9,507 shares on 2024-07-22 at $214.01, reducing her holdings by 19.6% to 39,040 shares. The sale occurred near the 52-week high of $224.53, with the stock now trading 4.0% below that peak. Niederst's cross-ticker track record shows 1 prior sell with an average 90-day return of +17.8%, and her same-ticker history at PGR includes one prior sell on 2023-11-28 (also followed by a 90-day return of +17.8%), indicating her prior sales preceded stock appreciation rather than declines. The transaction represents a routine portfolio adjustment by a senior executive of a well-capitalized company ($126.2B market cap, P/E 21.81) experiencing strong fundamentals: $17.2B quarterly revenue with 25.2% annual growth and $2.3B net income.