Markel Corporation (NYSE:MKL) insider Alan I. Kirshner sold 100 shares of the stock in a transaction on Tuesday, October 3rd. The shares were sold at an average price of $1,077.70, for a total transaction of $107,770.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Markel Corporation (NYSE:MKL) traded down 0.43% during trading on Thursday, hitting $1073.55. 27,324 shares of the stock were exchanged. The stock has a market capitalization of $14.93 billion, a price-to-earnings ratio of 37.12 and a beta of 1.03. Markel Corporation has a 52 week low of $811.05 and a 52 week high of $1,086.99. The firm has a 50-day moving average of $1,048.82 and a 200-day moving average of $1,001.01.

Markel Corporation (NYSE:MKL) last released its quarterly earnings data on Wednesday, July 26th. The insurance provider reported $9.94 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $6.27 by $3.67. The firm had revenue of $1.46 billion for the quarter, compared to the consensus estimate of $1.46 billion. Markel Corporation had a net margin of 7.58% and a return on equity of 4.81%. Equities research analysts anticipate that Markel Corporation will post $27.56 earnings per share for the current fiscal year.

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A number of analysts have weighed in on MKL shares. ValuEngine raised shares of Markel Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, August 1st. Zacks Investment Research downgraded shares of Markel Corporation from a “buy” rating to a “hold” rating in a report on Tuesday. BidaskClub raised shares of Markel Corporation from a “sell” rating to a “hold” rating in a report on Wednesday, July 5th. Boenning Scattergood set a $1,050.00 price target on shares of Markel Corporation and gave the company a “buy” rating in a report on Wednesday, July 26th. Finally, Royal Bank Of Canada reissued a “hold” rating and issued a $1,050.00 price target on shares of Markel Corporation in a report on Tuesday. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $1,050.00.

Several institutional investors have recently made changes to their positions in the company. Frontier Investment Mgmt Co. boosted its position in shares of Markel Corporation by 2.3% in the second quarter. Frontier Investment Mgmt Co. now owns 24,412 shares of the insurance provider’s stock valued at $23,823,000 after acquiring an additional 555 shares during the period. Intl Fcstone Inc. bought a new stake in shares of Markel Corporation in the second quarter valued at about $211,000. Lord Abbett & CO. LLC boosted its position in shares of Markel Corporation by 2.1% in the second quarter. Lord Abbett & CO. LLC now owns 43,420 shares of the insurance provider’s stock valued at $42,372,000 after acquiring an additional 892 shares during the period. Toronto Dominion Bank boosted its position in shares of Markel Corporation by 11.0% in the second quarter. Toronto Dominion Bank now owns 171 shares of the insurance provider’s stock valued at $167,000 after acquiring an additional 17 shares during the period. Finally, Archford Capital Strategies LLC boosted its position in shares of Markel Corporation by 34,592.5% in the second quarter. Archford Capital Strategies LLC now owns 13,877 shares of the insurance provider’s stock valued at $204,000 after acquiring an additional 13,837 shares during the period. 76.47% of the stock is owned by institutional investors.

Markel Corporation Company Profile

Markel Corporation is a financial holding company serving a range of markets. The Company’s principal business markets and underwrites specialty insurance products. It monitors and reports its ongoing underwriting operations in three segments: U.S. Insurance, International Insurance and Reinsurance. The Company, through its subsidiary Markel Ventures, Inc (Markel Ventures), owns interests in various industrial and service businesses that operate outside of the specialty insurance marketplace.

Insider Buying and Selling by Quarter for Markel Corporation (NYSE:MKL)

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