Markel Corporation (NYSE:MKL) Director Lemuel E. Lewis acquired 1,000 shares of the business’s stock in a transaction on Wednesday, November 8th. The shares were bought at an average cost of $1,080.96 per share, for a total transaction of $1,080,960.00. Following the acquisition, the director now owns 5,294 shares of the company’s stock, valued at approximately $5,722,602.24. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Markel Corporation (NYSE:MKL) opened at $1,071.76 on Tuesday. The firm has a market cap of $14,772.79, a P/E ratio of 348.66 and a beta of 1.05. Markel Corporation has a 1-year low of $865.14 and a 1-year high of $1,105.23. The company has a current ratio of 0.55, a quick ratio of 0.55 and a debt-to-equity ratio of 0.28.

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A number of analysts have weighed in on MKL shares. BidaskClub raised shares of Markel Corporation from a “hold” rating to a “buy” rating in a report on Thursday, August 3rd. Boenning Scattergood reissued a “buy” rating on shares of Markel Corporation in a report on Thursday, October 26th. SunTrust Banks, Inc. reissued a “hold” rating and set a $1,100.00 price objective on shares of Markel Corporation in a report on Friday, October 27th. Zacks Investment Research cut shares of Markel Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, October 3rd. Finally, Royal Bank Of Canada reissued a “hold” rating and set a $1,050.00 price objective on shares of Markel Corporation in a report on Tuesday, October 3rd. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Markel Corporation currently has a consensus rating of “Hold” and an average target price of $1,066.67.

Several institutional investors have recently made changes to their positions in MKL. Proficio Capital Partners LLC increased its holdings in shares of Markel Corporation by 40.3% in the 2nd quarter. Proficio Capital Partners LLC now owns 94 shares of the insurance provider’s stock valued at $101,000 after acquiring an additional 27 shares during the period. Korea Investment CORP increased its holdings in shares of Markel Corporation by 138.9% in the 2nd quarter. Korea Investment CORP now owns 129 shares of the insurance provider’s stock valued at $126,000 after acquiring an additional 75 shares during the period. BDO Wealth Advisors LLC acquired a new position in shares of Markel Corporation in the 2nd quarter valued at $166,000. Toronto Dominion Bank increased its holdings in shares of Markel Corporation by 11.0% in the 2nd 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. Finally, First Capital Advisors Group LLC. acquired a new position in shares of Markel Corporation in the 3rd quarter valued at $202,000. 76.78% of the stock is currently owned by institutional investors and hedge funds.

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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