Diane Leopold Acquires 100 Shares of Markel Group (NYSE:MKL) Stock

Markel Group Inc. (NYSE:MKL) Director Diane Leopold purchased 100 shares of Markel Group stock in a transaction dated Wednesday, May 6th. The shares were purchased at an average cost of $1,792.61 per share, with a total value of $179,261.00. Following the acquisition, the director owned 2,190 shares of the company’s stock, valued at approximately $3,925,815.90. This trade represents a 4.78% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Diane Leopold also recently made the following trade(s):

• On Thursday, May 7th, Diane Leopold purchased 50 shares of Markel Group stock. The shares were purchased at an average cost of $1,789.19 per share, with a total value of $89,459.50.

Markel Group Stock Performance

Shares of MKL opened at $1,810.91 on Friday. Markel Group Inc. has a 1 year low of $1,719.41 and a 1 year high of $2,207.59. The company has a market cap of $22.65 billion, a price-to-earnings ratio of 13.05 and a beta of 0.67. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.63 and a current ratio of 0.63. The firm has a fifty day moving average of $1,931.50 and a 200-day moving average of $2,017.25.

Markel Group (NYSE:MKL) last announced its quarterly earnings results on Tuesday, April 28th. The insurance provider reported ($18.90) earnings per share (EPS) for the quarter, missing the consensus estimate of $26.38 by ($45.28). The firm had revenue of $2.82 billion for the quarter, compared to analyst estimates of $3.66 billion. Markel Group had a net margin of 10.85% and a return on equity of 7.90%. As a group, equities analysts anticipate that Markel Group Inc. will post 113.77 earnings per share for the current year.

Institutional Investors Weigh In On Markel Group

Institutional investors and hedge funds have recently bought and sold shares of the business. Valley National Advisers Inc. acquired a new stake in Markel Group in the 4th quarter valued at about $25,000. Fideuram Asset Management Ireland dac acquired a new stake in Markel Group in the 4th quarter valued at about $26,000. Reflection Asset Management acquired a new stake in Markel Group in the 4th quarter valued at about $26,000. Measured Wealth Private Client Group LLC acquired a new stake in Markel Group in the 3rd quarter valued at about $29,000. Finally, V Square Quantitative Management LLC acquired a new stake in Markel Group in the 4th quarter valued at about $32,000. 77.12% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on MKL shares. Weiss Ratings downgraded shares of Markel Group from a “buy (b)” rating to a “hold (c+)” rating in a report on Wednesday, April 29th. Wall Street Zen downgraded shares of Markel Group from a “buy” rating to a “sell” rating in a report on Saturday, May 2nd. Truist Financial reduced their price objective 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. Brean Capital started 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 for the company. Finally, Zacks Research downgraded shares of Markel Group from a “strong-buy” rating to a “hold” rating in a report on Monday, January 19th. One analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Markel Group presently has a consensus rating of “Hold” and a consensus price target of $2,025.00.

Markel Group Company Profile

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.