Markel Co. (NYSE:MKL) Vice Chairman Steven A. Markel sold 100 shares of the firm’s stock in a transaction dated Friday, April 12th. The stock was sold at an average price of $1,000.00, for a total transaction of $100,000.00. Following the sale, the insider now directly owns 100,735 shares in the company, valued at $100,735,000. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Shares of Markel stock traded up $1.60 during mid-day trading on Monday, hitting $1,002.75. 61,600 shares of the stock were exchanged, compared to its average volume of 48,271. Markel Co. has a twelve month low of $950.16 and a twelve month high of $1,228.32. The stock has a market capitalization of $13.92 billion, a P/E ratio of 48.84 and a beta of 0.85. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.54 and a quick ratio of 0.54.

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

Several equities research analysts have issued reports on MKL shares. Zacks Investment Research raised shares of Markel from a “hold” rating to a “buy” rating and set a $1,163.00 price target on the stock in a research note on Wednesday, January 2nd. TheStreet cut shares of Markel from a “b” rating to a “c” rating in a research note on Wednesday, February 6th. Finally, ValuEngine cut shares of Markel from a “hold” rating to a “sell” rating in a research note on Friday, April 5th.

Several institutional investors have recently added to or reduced their stakes in the business. Alpha Omega Wealth Management LLC lifted its holdings in shares of Markel by 2.0% during the 4th quarter. Alpha Omega Wealth Management LLC now owns 511 shares of the insurance provider’s stock worth $530,000 after acquiring an additional 10 shares during the period. Security Asset Management lifted its holdings in shares of Markel by 0.5% during the 4th quarter. Security Asset Management now owns 1,897 shares of the insurance provider’s stock worth $1,969,000 after acquiring an additional 10 shares during the period. Wilbanks Smith & Thomas Asset Management LLC lifted its holdings in shares of Markel by 7.5% during the 4th quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 200 shares of the insurance provider’s stock worth $208,000 after acquiring an additional 14 shares during the period. Benjamin F. Edwards & Company Inc. lifted its holdings in shares of Markel by 17.6% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 100 shares of the insurance provider’s stock worth $104,000 after acquiring an additional 15 shares during the period. Finally, Parallel Advisors LLC lifted its holdings in shares of Markel by 31.3% during the 4th quarter. Parallel Advisors LLC now owns 63 shares of the insurance provider’s stock worth $65,000 after acquiring an additional 15 shares during the period. 76.40% of the stock is currently owned by institutional investors.

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Markel Company Profile

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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