Tredje AP fonden Buys New Stake in The Progressive Corporation $PGR

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Tredje AP fonden has acquired a new stake of 145,000 shares in The Progressive Corporation (NYSE:PGR), valued at approximately $35.8 million, during the third quarter. Despite this institutional buying, company insiders have been net sellers, disposing of over $2.4 million worth of shares in the past three months. Analysts maintain a mixed “Hold” rating for Progressive, with a consensus target price of $245.29, although some firms have recently upgraded their outlooks.

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