Quigg Andrew J

CSO Quigg sells 3,191 PGR shares at $249.24; post-sale 37,977 shares remain; stock now 17.0% below 52-week high.

Quigg Andrew J, Chief Strategy Officer, sold 3,191 shares (3.2K shares) of PROGRESSIVE CORP/OH/ (PGR) at $249.24 on 2025-07-28, reducing his stake from 41,168 to 37,977 shares. The sale occurred at a price $7.53 above the current market price of $241.71, though it represents a transaction during a period when PGR has declined 17.0% from its 52-week high of $291.22 and 9.4% over the past 30 days. His three prior sales of PGR shares (2024-07-22, 2023-11-28, 2023-08-03) showed mixed subsequent performance, with none producing declines that would constitute well-timed exits on a 90-day basis. The sale represents approximately 7.8% reduction of his pre-transaction holdings, a modest pruning of a still-substantial position in a company with strong fundamentals (revenue $20.4B, net income $2.6B, P/E 16.25).

Chief Strategy Officer Quigg sold 3,975 shares of PGR at $214.01 for $850,689.75

Quigg Andrew J, Chief Strategy Officer, sold 3,975 shares (4.0K shares) at $214.01 on 2024-07-22, reducing his holdings from 36,754 to 32,779 shares (-10.8%). The sale occurred near the 52-week high of $224.53 (within -4.0%), and the stock has moved +2.3% over the subsequent 30 days. His prior sales at PGR have been poorly timed: the 2023-11-28 sale saw the stock rise 17.8% over the following 90 days, and the 2023-08-03 sale saw it rise 25.2% over 90 days, resulting in a 0.00% well-timed rate at this ticker. While the company shows strong fundamentals with $17.2B in latest quarterly revenue, +25.2% annual revenue growth, and a market cap of $126.2B, the executive's historical pattern of selling before subsequent gains warrants baseline monitoring.