Markel Group (NYSE:MKL) Director Diane Leopold Buys 100 Shares

Markel Group Inc. (NYSE:MKL) Director Diane Leopold purchased 100 shares of the firm’s stock in a transaction on Wednesday, May 6th. The stock was bought at an average price of $1,792.61 per share, for a total transaction of $179,261.00. Following the completion of the transaction, the director directly owned 2,190 shares in the company, valued at approximately $3,925,815.90. The trade was a 4.78% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Diane Leopold also recently made the following trade(s):

• On Thursday, May 7th, Diane Leopold acquired 50 shares of Markel Group stock. The shares were bought at an average cost of $1,789.19 per share, with a total value of $89,459.50.

Markel Group Stock Performance

MKL stock traded up $10.94 during trading on Friday, reaching $1,810.91. 73,024 shares of the stock were exchanged, compared to its average volume of 56,106. Markel Group Inc. has a twelve month low of $1,719.41 and a twelve month high of $2,207.59. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $22.65 billion, a P/E ratio of 13.05 and a beta of 0.67. The stock has a 50 day simple moving average of $1,931.50 and a 200-day simple moving average of $2,017.25.

Markel Group (NYSE:MKL) last announced its quarterly earnings data on Tuesday, April 28th. The insurance provider reported ($18.90) EPS for the quarter, missing analysts’ consensus estimates of $26.38 by ($45.28). Markel Group had a return on equity of 7.90% and a net margin of 10.85%.The firm had revenue of $2.82 billion during the quarter, compared to the consensus estimate of $3.66 billion. As a group, sell-side analysts anticipate that Markel Group Inc. will post 113.77 earnings per share for the current year.

Wall Street Analyst Weigh In

MKL has been the topic of a number of recent research reports. Zacks Research downgraded shares of Markel Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 19th. Weiss Ratings downgraded shares of Markel Group from a “buy (b)” rating to a “hold (c+)” rating in a report on Wednesday, April 29th. Truist Financial decreased their target price on shares of Markel Group from $2,100.00 to $1,950.00 and set a “hold” rating on the stock in a research report on Thursday, April 30th. Wall Street Zen lowered shares of Markel Group from a “buy” rating to a “sell” rating in a research report on Saturday, May 2nd. Finally, Brean Capital assumed coverage on shares of Markel Group in a research note on Tuesday, March 24th. They set a “neutral” rating and a $2,100.00 price target for the company. One research analyst has rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $2,025.00.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. Valley National Advisers Inc. acquired a new position in shares of Markel Group in the 4th quarter worth approximately $25,000. Fideuram Asset Management Ireland dac acquired a new stake in Markel Group during the 4th quarter valued at $26,000. Reflection Asset Management acquired a new stake in Markel Group during the 4th quarter valued at $26,000. V Square Quantitative Management LLC bought a new position in Markel Group in the 4th quarter valued at $32,000. Finally, Basepoint Wealth LLC acquired a new position in Markel Group in the fourth quarter worth $32,000. Institutional investors own 77.12% of the company’s stock.

About Markel Group

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.