Rep. Thomas H. Kean, Jr. Sells Markel Group Inc. (NYSE:MKL) Shares

Representative Thomas H. Kean, Jr. (Republican-New Jersey) recently sold shares of Markel Group Inc. (NYSE:MKL). In a filing disclosed on July 15th, the Representative disclosed that they had sold between $1,001 and $15,000 in Markel Group stock on June 29th. The trade occurred in the Representative’s “STATE STREET BANK & TRUST CO.” account.

Representative Thomas H. Kean, Jr. also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of Analog Devices (NASDAQ:ADI) on 6/30/2026.
  • Sold $1,001 – $15,000 in shares of S&P Global (NYSE:SPGI) on 6/29/2026.
  • Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 6/29/2026.
  • Purchased $1,001 – $15,000 in shares of ESAB (NYSE:ESAB) on 6/24/2026.
  • Sold $15,001 – $50,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/24/2026.
  • Purchased $1,001 – $15,000 in shares of ESAB (NYSE:ESAB) on 6/22/2026.
  • Sold $1,001 – $15,000 in shares of Gildan Activewear (NYSE:GIL) on 6/17/2026.
  • Purchased $1,001 – $15,000 in shares of Wheaton Precious Metals (NYSE:WPM) on 6/4/2026.
  • Purchased $1,001 – $15,000 in shares of Gildan Activewear (NYSE:GIL) on 6/2/2026.
  • Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 6/2/2026.

Markel Group Stock Performance

Shares of NYSE MKL traded up $8.87 during midday trading on Friday, reaching $1,970.12. The company had a trading volume of 44,914 shares, compared to its average volume of 69,063. Markel Group Inc. has a 1 year low of $1,719.41 and a 1 year high of $2,207.59. The business’s 50-day simple moving average is $1,878.19 and its 200 day simple moving average is $1,956.88. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.24. The stock has a market cap of $24.65 billion, a P/E ratio of 14.20 and a beta of 0.66.

Markel Group (NYSE:MKLGet Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The insurance provider reported ($18.90) earnings per share for the quarter, missing analysts’ consensus estimates of $26.38 by ($45.28). The company had revenue of $3.55 billion for the quarter, compared to analysts’ expectations of $3.66 billion. Markel Group had a net margin of 10.85% and a return on equity of 7.90%. On average, analysts forecast that Markel Group Inc. will post 114.11 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently commented on MKL shares. Wolfe Research began coverage on Markel Group in a report on Wednesday, July 1st. They set an “underperform” rating for the company. Wall Street Zen lowered shares of Markel Group from a “buy” rating to a “sell” rating in a research report on Saturday, May 2nd. Brean Capital initiated coverage on shares of Markel Group in a report on Tuesday, March 24th. They issued a “neutral” rating and a $2,100.00 price objective on the stock. Truist Financial reduced their target price on shares of Markel Group from $2,100.00 to $1,950.00 and set a “hold” rating for the company in a report on Thursday, April 30th. Finally, Weiss Ratings lowered shares of Markel Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, June 11th. Five research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of $2,025.00.

View Our Latest Stock Analysis on Markel Group

Institutional Investors Weigh In On Markel Group

Hedge funds and other institutional investors have recently made changes to their positions in the company. Valley National Advisers Inc. acquired a new position in shares of Markel Group in the 4th quarter valued at $25,000. Fideuram Asset Management Ireland dac purchased a new position in Markel Group in the fourth quarter valued at $26,000. Reflection Asset Management acquired a new stake in Markel Group in the fourth quarter valued at approximately $26,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Markel Group in the third quarter valued at approximately $29,000. Finally, V Square Quantitative Management LLC acquired a new position in shares of Markel Group during the 4th quarter worth approximately $32,000. Institutional investors and hedge funds own 77.12% of the company’s stock.

Insider Buying and Selling

In related news, Director Diane Leopold purchased 100 shares of the company’s stock in a transaction that occurred on Wednesday, May 6th. The shares were purchased at an average price of $1,792.61 per share, with a total value of $179,261.00. Following the purchase, the director owned 2,190 shares of the company’s stock, valued at $3,925,815.90. The trade was a 4.78% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Greta J. Harris sold 76 shares of the business’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $1,847.31, for a total transaction of $140,395.56. Following the completion of the sale, the director directly owned 645 shares of the company’s stock, valued at approximately $1,191,514.95. The trade was a 10.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.08% of the company’s stock.

About Representative Kean

Thomas Kean Jr. (Republican Party) is a member of the U.S. House, representing New Jersey’s 7th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Kean (Republican Party) is running for re-election to the U.S. House to represent New Jersey’s 7th Congressional District. He declared candidacy for the 2026 election.

Thomas Kean Jr. lives in Westfield, New Jersey. Kean earned a master’s degree from the Tufts University Fletcher School of Law and Diplomacy. His career experience includes working with the Environmental Protection Agency during the George H.W. Bush administration and as an advisor to former U.S. Representative Bob Franks, a firefighter, and an emergency medical technician. Kean has served as the vice president of a fire department.

Markel Group Company Profile

(Get Free Report)

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.

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