Markel Group Inc. $MKL Shares Purchased by Texas Yale Capital Corp.

Texas Yale Capital Corp. raised its stake in Markel Group Inc. (NYSE:MKL) by 30.4% during the third quarter, Holdings Channel.com reports. The firm owned 1,868 shares of the insurance provider’s stock after purchasing an additional 436 shares during the quarter. Texas Yale Capital Corp.’s holdings in Markel Group were worth $3,570,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Brighton Jones LLC purchased a new position in Markel Group in the fourth quarter worth approximately $236,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Markel Group by 13.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 109 shares of the insurance provider’s stock worth $204,000 after purchasing an additional 13 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in Markel Group by 9.7% in the first quarter. Goldman Sachs Group Inc. now owns 34,704 shares of the insurance provider’s stock valued at $64,883,000 after buying an additional 3,083 shares in the last quarter. Empowered Funds LLC boosted its position in shares of Markel Group by 49.1% during the 1st quarter. Empowered Funds LLC now owns 416 shares of the insurance provider’s stock worth $778,000 after acquiring an additional 137 shares in the last quarter. Finally, CWM LLC increased its holdings in shares of Markel Group by 26.4% in the 2nd quarter. CWM LLC now owns 488 shares of the insurance provider’s stock valued at $975,000 after acquiring an additional 102 shares during the last quarter. 77.12% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO Simon Wilson sold 75 shares of the company’s stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $2,072.94, for a total transaction of $155,470.50. Following the completion of the sale, the chief executive officer owned 1,770 shares in the company, valued at $3,669,103.80. This represents a 4.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Steven A. Markel sold 1,330 shares of the stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $2,119.12, for a total value of $2,818,429.60. Following the sale, the director directly owned 60,368 shares of the company’s stock, valued at approximately $127,927,036.16. This represents a 2.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,575 shares of company stock valued at $3,330,900 in the last quarter. Insiders own 1.66% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Weiss Ratings restated a “buy (b+)” rating on shares of Markel Group in a research note on Monday, December 29th. Zacks Research downgraded shares of Markel Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 19th. Finally, Truist Financial boosted their price target on shares of Markel Group from $2,000.00 to $2,100.00 and gave the company a “hold” rating in a research report on Friday, February 6th. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $2,100.00.

Markel Group Stock Down 1.0%

MKL stock opened at $2,060.89 on Monday. The company has a market cap of $25.99 billion, a price-to-earnings ratio of 12.14 and a beta of 0.79. The company has a fifty day moving average price of $2,104.99 and a 200 day moving average price of $2,012.85. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.60 and a quick ratio of 0.60. Markel Group Inc. has a 12 month low of $1,621.89 and a 12 month high of $2,207.59.

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.