Raiffeisen Bank International AG significantly increased its stake in The Progressive Corporation by 29.7% in Q3, now holding 182,113 shares valued at approximately $44.51 million. Despite this, some analysts have trimmed price targets and ratings, with the consensus rating being “Hold” with an average target price of $245.29. Company insiders have been net sellers, offloading over 11,000 shares in the last quarter, while institutional investors own about 85.34% of the stock.
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Raiffeisen Bank International AG Acquires 41,654 Shares of The Progressive Corporation $PGR
Raiffeisen Bank International AG significantly increased its stake in The Progressive Corporation by 29.7% in Q3, now holding 182,113 shares valued at approximately $44.51 million. Despite this, some analysts have trimmed price targets and ratings, with the consensus rating being “Hold” with an average target price of $245.29. Company insiders have been net sellers, offloading over 11,000 shares in the last quarter, while institutional investors own about 85.34% of the stock.