Broz Steven sold $237K of PGR

Shares of banks, insurers, and travel agencies fell as investors worry about Meta's AI agent, Muse, disrupting industries reliant on consumer inertia. Meta's stock rose 11% on Monday. Affected companies include JPMorgan, Morgan Stanley, Allstate, Charles Schwab, Expedia, and Booking Holdings. Goldman Sachs identifies telecoms, insurance, and utilities as sectors at risk.

Progressive Corp. (PGR) reported August 2026 net income of $951M ($1.63 per share), down 22% YoY. Net premiums written rose 6% to $7.61B, and policies in force grew 7% to 40.49M. PGR shares traded at $214.00, down 1.06% in pre-market.

Progressive Corporation (PGR) reported a 6% increase in net premiums written to $7.61B in August 2026, but net income fell 22% to $951M. The company offers a 6.5% dividend yield with a 70% payout ratio and a 202.9% 3-year dividend growth rate. PGR's GF Value™ suggests it is 22.4% undervalued, with a GF Score™ of 86/100. Insiders sold $32.7M in shares, while 20 gurus hold positions, with mixed activity.

Progressive reported August net income of $951M, down 22% YoY, and net premiums written of $7.61B, up 6% YoY. The combined ratio was 89.3, up 6.2 points YoY. Policies in force grew 7% YoY to 40.5M. Diluted EPS was $1.63, down 21% YoY. Net realized gains on securities were $108M, up 38% YoY.

PROGRESSIVE CORP/OH/ (PGR) filed an SEC Form 8-K — Regulation FD Disclosure. NEWS RELEASE The Progressive Corporation Company Contact: 300 North Commons Blvd. Julianna Paterra, CFA Mayfield Village, Ohio 44143 (719) 432-2509 http://www.progressive.com investor_relations@progressive.com PROGRESSIVE REPORTS AUGUST RESULTS MAYFIELD VILLAGE, OHIO -- September

Progressive Corporation reported a 6% increase in net premiums written to $7.605 billion and a 5% rise in net premiums earned to $7.354 billion for August 2026. However, net income fell 22% to $951 million, with earnings per share down 21% to $1.63. The combined ratio worsened to 89.3 from 83.1, while policies in force grew 7% to over 39,000.