Markel Co. (NYSE:MKL) Vice Chairman Steven A. Markel sold 200 shares of the firm’s stock in a transaction on Thursday, December 7th. The stock was sold at an average price of $1,100.58, for a total value of $220,116.00. Following the sale, the insider now directly owns 108,530 shares of the company’s stock, valued at $119,445,947.40. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Shares of Markel Co. (NYSE:MKL) opened at $1,120.54 on Thursday. The company has a market capitalization of $15,582.40, a price-to-earnings ratio of 367.77 and a beta of 1.05. The company has a quick ratio of 0.55, a current ratio of 0.55 and a debt-to-equity ratio of 0.28. Markel Co. has a 12-month low of $612.00 and a 12-month high of $1,133.99.

Several research firms have recently weighed in on MKL. Zacks Investment Research lowered Markel from a “buy” rating to a “hold” rating in a research note on Tuesday, October 3rd. Boenning Scattergood reissued a “buy” rating on shares of Markel in a research note on Thursday, October 26th. Royal Bank of Canada reissued a “hold” rating and set a $1,050.00 price objective on shares of Markel in a research note on Tuesday, October 3rd. Finally, SunTrust Banks reissued a “hold” rating and set a $1,100.00 price objective on shares of Markel in a research note on Friday, October 27th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $1,066.67.

Several institutional investors have recently modified their holdings of MKL. Vanguard Group Inc. boosted its position in shares of Markel by 2.6% in the second quarter. Vanguard Group Inc. now owns 1,129,189 shares of the insurance provider’s stock worth $1,101,931,000 after buying an additional 28,104 shares during the period. Principal Financial Group Inc. boosted its position in shares of Markel by 3.7% in the second quarter. Principal Financial Group Inc. now owns 659,167 shares of the insurance provider’s stock worth $643,254,000 after buying an additional 23,417 shares during the period. Victory Capital Management Inc. boosted its position in shares of Markel by 14.9% in the second quarter. Victory Capital Management Inc. now owns 152,757 shares of the insurance provider’s stock worth $149,069,000 after buying an additional 19,799 shares during the period. Archford Capital Strategies LLC boosted its position in shares of Markel by 34,592.5% in the second quarter. Archford Capital Strategies LLC now owns 13,877 shares of the insurance provider’s stock worth $204,000 after buying an additional 13,837 shares during the period. Finally, Janus Henderson Group PLC boosted its position in shares of Markel by 712.3% in the second quarter. Janus Henderson Group PLC now owns 14,703 shares of the insurance provider’s stock worth $14,347,000 after buying an additional 12,893 shares during the period. 76.89% of the stock is owned by institutional investors and hedge funds.

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Markel 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 (NYSE:MKL)

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