Senator Sheldon Whitehouse executed a sale of Progressive Corp (PGR) shares valued between $15,000 and $50,000 on October 26, 2025. The transaction, made through his spouse's account, was filed on November 2, 2025, seven days after the sale, complying with the STOCK Act's 30-day reporting requirement.
Progressive Corp is an insurance holding company based in Mayfield, Ohio, employing 66,300 full-time staff. The company operates in the insurance industry, providing personal and commercial auto insurance, residential property insurance, and specialty property-casualty insurance. Key financial metrics include a market capitalization of $126.6 billion, a P/E ratio of 11.82, an EPS of 18.22, and a dividend yield of 19.1%.
The upcoming earnings report is scheduled for May 3, 2026, with an estimated EPS of $4.51 and projected revenue of $24.1 billion.
Congressional trading disclosures like this one enhance transparency regarding the financial activities of elected officials. While these transactions are legal when properly reported, they should be considered one of many data points by investors rather than direct investment signals. Research on congressional trading activity shows mixed results regarding its predictive value for stock performance, with some studies indicating slight outperformance of congressional portfolios.
Investors interested in congressional trading patterns should analyze broader trends across multiple representatives and sectors, rather than focusing solely on individual transactions.