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Progressive's stock climbs as major investors increase holdings, despite insider sales.
Progressive Corporation saw its shares rise as major investors like Joseph Group Capital Management and Schroder Investment Management increased their holdings.
Progressive beat earnings estimates, reporting $4.08 EPS compared to the expected $3.44.
Despite the positive performance, some insiders sold shares.
The company also announced a $0.10 quarterly dividend.
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Las acciones de Progressive aumentan a medida que los principales inversores aumentan sus tenencias, a pesar de las ventas de información privilegiada.