Markel Co. (MKL) Vice Chairman Steven A. Markel Sells 200 Shares

Markel Co. (NYSE:MKL) Vice Chairman Steven A. Markel sold 200 shares of the company’s stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $1,125.96, for a total transaction of $225,192.00. Following the transaction, the insider now directly owns 106,243 shares of the company’s stock, valued at approximately $119,625,368.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of Markel Co. (NYSE MKL) opened at $1,112.73 on Thursday. The firm has a market cap of $15,405.63, a PE ratio of 43.16 and a beta of 0.95. Markel Co. has a 52 week low of $936.95 and a 52 week high of $1,157.30. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.55 and a quick ratio of 0.55.

A number of research analysts have recently commented on the stock. SunTrust Banks upped their price objective on shares of Markel to $1,200.00 and gave the company a “hold” rating in a research report on Thursday, February 8th. Royal Bank of Canada reaffirmed a “hold” rating and set a $1,200.00 price objective on shares of Markel in a research report on Thursday, February 8th. Zacks Investment Research lowered shares of Markel from a “buy” rating to a “hold” rating in a research report on Thursday, January 11th. Finally, Boenning Scattergood reaffirmed a “buy” rating on shares of Markel in a research report on Thursday, October 26th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $1,172.00.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Toronto Dominion Bank increased its stake in Markel 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. Cambridge Trust Co. increased its stake in Markel by 10.8% in the third quarter. Cambridge Trust Co. now owns 512 shares of the insurance provider’s stock valued at $547,000 after acquiring an additional 50 shares during the period. The Manufacturers Life Insurance Company increased its stake in Markel by 10.5% in the second quarter. The Manufacturers Life Insurance Company now owns 549 shares of the insurance provider’s stock valued at $535,000 after acquiring an additional 52 shares during the period. Sather Financial Group Inc increased its stake in Markel by 0.4% in the fourth quarter. Sather Financial Group Inc now owns 14,520 shares of the insurance provider’s stock valued at $16,540,000 after acquiring an additional 55 shares during the period. Finally, First Personal Financial Services increased its stake in Markel by 156.1% in the fourth quarter. First Personal Financial Services now owns 105 shares of the insurance provider’s stock valued at $120,000 after acquiring an additional 64 shares during the period. 76.65% of the stock is currently owned by institutional investors and hedge funds.

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About Markel

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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