Moss Adams Wealth Advisors LLC and Riverview Trust Co. increased stakes in The Progressive Corp., which reported Q3 earnings exceeding estimates with a "Moderate Buy" rating.
Moss Adams Wealth Advisors LLC increased its stake in The Progressive Corp. to 1,499 shares during Q3, worth $380,000. Riverview Trust Co. also raised its holdings by 20.1%. Progressive reported Q3 earnings of $2.65 per share, exceeding estimates, with revenue of $17.90 billion. Analysts give it a "Moderate Buy" rating, with a target price of $268.81. Insiders sold 144,383 shares recently, while the company issued a $0.10 dividend.
October 19, 2024
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