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Swedish firm Skandia Omsesidigt boosts Progressive stock holdings by 77.6%, despite insider sales.
Swedish insurance company Skandia Omsesidigt increased its Progressive stock holdings by 77.6%, now owning 7,780 shares valued at $2,202,000.
Meanwhile, Progressive insiders have sold 37,755 shares over 90 days for $10,367,074.
The company reported Q1 earnings of $4.65 per share, beating estimates by $0.37.
Progressive's stock currently trades at $271.24, with a consensus target of $288.59 and a "Moderate Buy" rating.
The firm offers auto, property, and liability insurance, with a market cap of $159.01 billion.
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La firma sueca Skandia Omsesidigt aumenta las tenencias de acciones de Progressive en un 77,6%, a pesar de las ventas internas.