Markel Co. (NYSE:MKL) Vice Chairman Steven A. Markel sold 200 shares of the company’s stock in a transaction that occurred on Thursday, December 21st. The shares were sold at an average price of $1,132.73, for a total value of $226,546.00. Following the transaction, the insider now directly owns 107,210 shares in the company, valued at approximately $121,439,983.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of Markel Co. (NYSE:MKL) traded down $6.97 during midday trading on Friday, hitting $1,124.16. The company had a trading volume of 61,700 shares, compared to its average volume of 8,111. The company has a quick ratio of 0.55, a current ratio of 0.55 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $15,713.54, a price-to-earnings ratio of 370.86 and a beta of 1.05. Markel Co. has a 12-month low of $612.00 and a 12-month high of $1,157.30.

A number of institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in Markel by 2.6% during the second quarter. Vanguard Group Inc. now owns 1,129,189 shares of the insurance provider’s stock worth $1,101,931,000 after buying an additional 28,104 shares during the period. BlackRock Inc. lifted its holdings in shares of Markel by 0.4% during the 2nd quarter. BlackRock Inc. now owns 836,138 shares of the insurance provider’s stock valued at $815,955,000 after purchasing an additional 3,590 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in shares of Markel by 0.9% during the 3rd quarter. Principal Financial Group Inc. now owns 665,259 shares of the insurance provider’s stock valued at $710,484,000 after purchasing an additional 6,092 shares during the last quarter. Atlanta Capital Management Co. L L C lifted its holdings in shares of Markel by 0.6% during the 3rd quarter. Atlanta Capital Management Co. L L C now owns 567,924 shares of the insurance provider’s stock valued at $606,532,000 after purchasing an additional 3,264 shares during the last quarter. Finally, Baillie Gifford & Co. lifted its holdings in shares of Markel by 0.6% during the 2nd quarter. Baillie Gifford & Co. now owns 560,203 shares of the insurance provider’s stock valued at $546,680,000 after purchasing an additional 3,147 shares during the last quarter. Institutional investors own 76.79% of the company’s stock.

A number of analysts recently issued reports on the company. SunTrust Banks reiterated a “hold” rating and issued a $1,100.00 price target on shares of Markel in a report on Friday, October 27th. Boenning Scattergood reiterated a “buy” rating on shares of Markel in a report on Thursday, October 26th. Zacks Investment Research lowered Markel from a “buy” rating to a “hold” rating in a report on Tuesday, October 3rd. Finally, Royal Bank of Canada reiterated a “hold” rating and issued a $1,050.00 price target on shares of Markel in a report on Tuesday, October 3rd. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $1,066.67.

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Markel 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 (NYSE:MKL)

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