Progressive commercial lines president sells $1.8m in stock

Karen Bailo, Commercial Lines President at Progressive Corp. (NASDAQ:PGR), sold 8,452 shares of company stock for approximately $1.8 million on July 27, 2026, pursuant to a pre-arranged trading plan. Despite the sale, Progressive is considered undervalued by InvestingPro, maintaining a strong financial health score. The article also notes recent diverse analyst ratings for Progressive, with price targets ranging from $205 to $308.