Insider Selling: Markel Group (NYSE:MKL) CEO Sells $207,948.00 in Stock

Markel Group Inc. (NYSE:MKL) CEO Simon Wilson sold 100 shares of the firm’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $2,079.48, for a total value of $207,948.00. Following the transaction, the chief executive officer directly owned 2,397 shares in the company, valued at approximately $4,984,513.56. This represents a 4.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Markel Group Stock Up 0.2%

Shares of MKL opened at $2,068.81 on Friday. Markel Group Inc. has a 1 year low of $1,621.89 and a 1 year high of $2,207.59. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.60 and a quick ratio of 0.60. The stock has a 50 day simple moving average of $2,093.33 and a two-hundred day simple moving average of $2,021.73. The firm has a market cap of $26.09 billion, a P/E ratio of 12.19 and a beta of 0.79.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on MKL. Zacks Research cut Markel Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 19th. Weiss Ratings restated a “buy (b+)” rating on shares of Markel Group in a research report on Monday, December 29th. Finally, Truist Financial lifted their price target on Markel Group from $2,000.00 to $2,100.00 and gave the stock a “hold” rating in a research note on Friday, February 6th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $2,100.00.

Institutional Investors Weigh In On Markel Group

A number of large investors have recently made changes to their positions in the business. Valley National Advisers Inc. bought a new position in shares of Markel Group during the fourth quarter valued at approximately $25,000. Fideuram Asset Management Ireland dac purchased a new position in Markel Group during the 4th quarter valued at $26,000. Clearstead Trust LLC raised its holdings in Markel Group by 180.0% in the 2nd quarter. Clearstead Trust LLC now owns 14 shares of the insurance provider’s stock worth $28,000 after purchasing an additional 9 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new stake in shares of Markel Group in the 3rd quarter worth about $29,000. Finally, V Square Quantitative Management LLC bought a new stake in shares of Markel Group during the 4th quarter valued at about $32,000. 77.12% of the stock is currently owned by institutional investors.

Markel Group Company Profile

Markel Group (NYSE: MKL) is a diversified insurance holding company best known for underwriting specialty insurance products. Founded in 1930 and headquartered in Richmond, Virginia, the company provides a wide range of commercial property and casualty coverages tailored to niche and hard-to-place risks. Its underwriting operations focus on specialty lines across multiple industries, delivering customized policy structures, program administration, and claims management services for complex exposures.

In addition to primary specialty insurance, Markel operates reinsurance and alternative risk-transfer activities and manages invested assets derived from underwriting float.