Markel Corporation (NYSE:MKL) Director Lemuel E. Lewis acquired 1,000 shares of Markel Corporation stock in a transaction that occurred on Wednesday, November 8th. The stock was purchased at an average cost of $1,080.96 per share, with a total value of $1,080,960.00. Following the completion of the purchase, the director now owns 5,294 shares in the company, valued at approximately $5,722,602.24. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of Markel Corporation (MKL) traded down $13.11 on Monday, hitting $1,063.41. The company’s stock had a trading volume of 24,700 shares, compared to its average volume of 25,762. Markel Corporation has a twelve month low of $856.98 and a twelve month high of $1,105.23. The firm has a market cap of $14,772.79, a P/E ratio of 348.66 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.

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

Several large investors have recently modified their holdings of the stock. Cambridge Trust Co. increased its position in shares of Markel Corporation by 0.4% during the 2nd quarter. Cambridge Trust Co. now owns 462 shares of the insurance provider’s stock worth $451,000 after purchasing an additional 2 shares during the last quarter. Neuberger Berman Group LLC increased its position in shares of Markel Corporation by 0.5% during the 2nd quarter. Neuberger Berman Group LLC now owns 428 shares of the insurance provider’s stock worth $418,000 after purchasing an additional 2 shares during the last quarter. Ironwood Investment Management LLC increased its position in shares of Markel Corporation by 0.7% during the 2nd quarter. Ironwood Investment Management LLC now owns 444 shares of the insurance provider’s stock worth $433,000 after purchasing an additional 3 shares during the last quarter. Stratos Wealth Partners LTD. increased its position in shares of Markel Corporation by 0.7% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 461 shares of the insurance provider’s stock worth $450,000 after purchasing an additional 3 shares during the last quarter. Finally, Davidson & Garrard Inc. increased its position in shares of Markel Corporation by 0.6% during the 2nd quarter. Davidson & Garrard Inc. now owns 529 shares of the insurance provider’s stock worth $516,000 after purchasing an additional 3 shares during the last quarter. 76.78% of the stock is owned by hedge funds and other institutional investors.

Markel Corporation 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 Corporation (NYSE:MKL)

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