Markel Co. (NYSE:MKL) Vice Chairman Steven A. Markel sold 200 shares of the stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $1,000.00, for a total transaction of $200,000.00. Following the transaction, the insider now owns 100,735 shares in the company, valued at $100,735,000. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

NYSE MKL traded up $1.60 during mid-day trading on Monday, hitting $1,002.75. The company’s stock had a trading volume of 61,600 shares, compared to its average volume of 48,271. Markel Co. has a 52-week low of $950.16 and a 52-week high of $1,228.32. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.54 and a current ratio of 0.54. The firm has a market capitalization of $13.92 billion, a price-to-earnings ratio of 48.84 and a beta of 0.85.

Markel (NYSE:MKL) last posted its quarterly earnings results on Tuesday, February 5th. The insurance provider reported $2.27 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $3.31 by ($1.04). Markel had a negative net margin of 2.02% and a positive return on equity of 9.15%. The business had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $1.83 billion. Sell-side analysts forecast that Markel Co. will post 39.04 EPS for the current fiscal year.

A number of hedge funds and other institutional investors have recently bought and sold shares of MKL. CX Institutional purchased a new position in Markel in the fourth quarter valued at approximately $31,000. Rockland Trust Co. purchased a new position in Markel in the fourth quarter valued at approximately $34,000. Lindbrook Capital LLC purchased a new position in Markel in the fourth quarter valued at approximately $45,000. We Are One Seven LLC purchased a new position in Markel in the fourth quarter valued at approximately $49,000. Finally, Paradigm Asset Management Co. LLC purchased a new position in Markel in the third quarter valued at approximately $59,000. Hedge funds and other institutional investors own 76.40% of the company’s stock.

Several brokerages have recently weighed in on MKL. Zacks Investment Research upgraded shares of Markel from a “hold” rating to a “buy” rating and set a $1,121.00 price objective on the stock in a report on Monday. ValuEngine lowered shares of Markel from a “hold” rating to a “sell” rating in a report on Friday, April 5th. Finally, TheStreet lowered shares of Markel from a “b” rating to a “c” rating in a report on Wednesday, February 6th.

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About Markel

Markel Corporation, a diverse financial holding company, markets and underwrites specialty insurance products in the United States, the United Kingdom, Canada, and internationally. It operates through three segments: U.S. Insurance, International Insurance, and Reinsurance. The U.S. Insurance segment offers general and professional liability, property, personal line, program, and workers' compensation insurance products, as well as other insurance product lines, such as ocean marine, surety, CPI, and coverages.

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Insider Buying and Selling by Quarter for Markel (NYSE:MKL)

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