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Progressive Corporation's stock sees insider buying amid strong earnings, beating estimates with $4.65 per share.
Institutional investors and insiders have been buying Progressive Corporation shares, with Compagnie Lombard Odier SCmA and Simon Quick Advisors LLC increasing their holdings.
Progressive recently beat earnings expectations, reporting $4.65 per share compared to the expected $4.28.
Analysts predict the company will post $14.68 earnings per share for the year.
The stock has a "Moderate Buy" rating and a target price of $288.59.
Progressive provides auto, property, and specialty insurance services across the U.S.
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Las acciones de la Corporación Progresista ven compras internas en medio de fuertes ganancias, superando las estimaciones con $4.65 por acción.