423 Shares in Markel Group Inc. $MKL Bought by Fox Run Management L.L.C.

Fox Run Management L.L.C. acquired a new position in shares of Markel Group Inc. (NYSE:MKL) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 423 shares of the insurance provider’s stock, valued at approximately $909,000.

Other institutional investors have also made changes to their positions in the company. Valley National Advisers Inc. acquired a new stake in shares of Markel Group during the fourth quarter worth $25,000. Fideuram Asset Management Ireland dac acquired a new position in Markel Group in the fourth quarter valued at about $26,000. Measured Wealth Private Client Group LLC acquired a new position in Markel Group in the third quarter valued at about $29,000. V Square Quantitative Management LLC acquired a new position in Markel Group in the fourth quarter valued at about $32,000. Finally, Basepoint Wealth LLC acquired a new position in Markel Group in the fourth quarter valued at about $32,000. 77.12% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Markel Group

In other news, Director Greta J. Harris sold 76 shares of the business’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $1,847.31, for a total value of $140,395.56. Following the sale, the director directly owned 645 shares in the company, valued at $1,191,514.95. The trade was a 10.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Diane Leopold bought 50 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The shares were bought at an average price of $1,789.19 per share, for a total transaction of $89,459.50. Following the acquisition, the director directly owned 550 shares of the company’s stock, valued at $984,054.50. This represents a 10.00% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 1.08% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on MKL. Wall Street Zen cut Markel Group from a “buy” rating to a “sell” rating in a research note on Saturday, May 2nd. Brean Capital began coverage on Markel Group in a research note on Tuesday, March 24th. They issued a “neutral” rating and a $2,100.00 target price for the company. Truist Financial decreased their target price on Markel Group from $2,100.00 to $1,950.00 and set a “hold” rating for the company in a research note on Thursday, April 30th. Finally, Weiss Ratings cut Markel Group from a “buy (b)” rating to a “hold (c+)” rating in a research note on Wednesday, April 29th. Five equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $2,025.00.

Markel Group Stock Performance

Shares of Markel Group stock opened at $1,819.46 on Thursday. The firm has a market cap of $22.76 billion, a price-to-earnings ratio of 13.11 and a beta of 0.67. The stock’s 50-day moving average is $1,868.89 and its 200-day moving average is $1,992.47. Markel Group Inc. has a one year low of $1,719.41 and a one year high of $2,207.59. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.63 and a quick ratio of 0.63.

Markel Group (NYSE:MKL) last issued its quarterly earnings results on Tuesday, April 28th. The insurance provider reported ($18.90) EPS for the quarter, missing analysts’ consensus estimates of $26.38 by ($45.28). The firm had revenue of $3.55 billion during the quarter, compared to the consensus estimate of $3.66 billion. Markel Group had a net margin of 10.85% and a return on equity of 7.90%. Equities analysts predict that Markel Group Inc. will post 113.55 earnings per share for the current fiscal year.

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.