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Mcdonald Partners LLC Acquires 5,482 Shares of The Progressive Corporation $PGR
Mcdonald Partners LLC increased its stake in The Progressive Corporation (NYSE:PGR) by 83.2% in Q4, acquiring an additional 5,482 shares to hold a total of 12,067 shares valued at $2.75 million. The article also notes significant institutional ownership at 85.34%, with other major firms like Capital International Investors and Capital Research Global Investors also increasing their positions. Progressive reported Q1 EPS of $4.80, exceeding estimates, but revenue was slightly below expectations, and insiders have sold approximately $1.44 million worth of shares in the past 90 days.