Clearstead Advisors LLC has reduced its stake in The Progressive Corporation by 7.2%, selling 6,512 shares and ending the quarter with 84,037 shares valued at approximately $20.75 million. Despite institutional investors owning a significant portion of the company, analyst consensus for PGR is a “Hold” with a target price of $245.29. Additionally, insiders have sold shares totaling around $2.42 million over the past three months.
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Clearstead Advisors LLC Trims Position in The Progressive Corporation $PGR
Clearstead Advisors LLC has reduced its stake in The Progressive Corporation by 7.2%, selling 6,512 shares and ending the quarter with 84,037 shares valued at approximately $20.75 million. Despite institutional investors owning a significant portion of the company, analyst consensus for PGR is a “Hold” with a target price of $245.29. Additionally, insiders have sold shares totaling around $2.42 million over the past three months.