Markel Corporation (NYSE:MKL) Vice Chairman Steven A. Markel sold 200 shares of Markel Corporation stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $1,071.94, for a total transaction of $214,388.00. Following the completion of the transaction, the insider now directly owns 108,950 shares of the company’s stock, valued at $116,787,863. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Markel Corporation (NYSE:MKL) traded down $13.11 during trading on Monday, reaching $1,063.41. 24,700 shares of the company’s stock were exchanged, compared to its average volume of 30,839. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.55 and a quick ratio of 0.55. The firm has a market cap of $14,772.79, a price-to-earnings ratio of 348.66 and a beta of 1.05. Markel Corporation has a 52-week low of $856.98 and a 52-week high of $1,105.23.

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Several research firms have recently commented on MKL. SunTrust Banks, Inc. reaffirmed a “hold” rating and issued a $1,100.00 price target on shares of Markel Corporation in a report on Friday, October 27th. Boenning Scattergood reaffirmed a “buy” rating on shares of Markel Corporation in a report on Thursday, October 26th. Zacks Investment Research lowered shares of Markel Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, October 3rd. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $1,050.00 price target on shares of Markel Corporation in a report on Tuesday, October 3rd. Finally, BidaskClub raised shares of Markel Corporation from a “hold” rating to a “buy” rating in a report on Thursday, August 3rd. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $1,066.67.

A number of institutional investors have recently bought and sold shares of MKL. Proficio Capital Partners LLC boosted its stake in Markel Corporation by 40.3% during the 2nd quarter. Proficio Capital Partners LLC now owns 94 shares of the insurance provider’s stock valued at $101,000 after purchasing an additional 27 shares during the period. Korea Investment CORP boosted its stake in Markel Corporation by 138.9% during the 2nd quarter. Korea Investment CORP now owns 129 shares of the insurance provider’s stock valued at $126,000 after purchasing an additional 75 shares during the period. BDO Wealth Advisors LLC acquired a new position in Markel Corporation during the 2nd quarter valued at about $166,000. Toronto Dominion Bank boosted its stake in Markel Corporation by 11.0% during the 2nd quarter. Toronto Dominion Bank now owns 171 shares of the insurance provider’s stock valued at $167,000 after purchasing an additional 17 shares during the period. Finally, First Capital Advisors Group LLC. acquired a new position in Markel Corporation during the 3rd quarter valued at about $202,000. 76.78% of the stock is owned by hedge funds and other institutional investors.

About Markel Corporation

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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