Bank of America Corp DE Invests $2.68 Billion in The Progressive Corporation $PGR
MarketBeat
Bank of America Corp DE has acquired a significant new stake in The Progressive Corporation, purchasing 12,278,975 shares valued at approximately $2.68 billion during the second quarter. This investment makes Bank of America Corp DE own about 2.11% of Progressive. The article also details recent analyst ratings, insider selling activities by Progressive's CEO and another insider, and the company's financial performance including its recent earnings beat and dividend announcement.
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