282 Shares in Markel Group Inc. $MKL Acquired by Maridea Wealth Management LLC

Maridea Wealth Management LLC bought a new position in Markel Group Inc. (NYSE:MKL) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 282 shares of the insurance provider’s stock, valued at approximately $551,000.

Several other large investors have also recently bought and sold shares of the company. Keybank National Association OH increased its holdings in shares of Markel Group by 0.7% in the fourth quarter. Keybank National Association OH now owns 765 shares of the insurance provider’s stock worth $1,644,000 after purchasing an additional 5 shares during the period. Wellington Shields & Co. LLC raised its position in shares of Markel Group by 3.2% in the fourth quarter. Wellington Shields & Co. LLC now owns 160 shares of the insurance provider’s stock worth $344,000 after buying an additional 5 shares in the last quarter. Root Financial Partners LLC boosted its stake in Markel Group by 13.9% during the fourth quarter. Root Financial Partners LLC now owns 41 shares of the insurance provider’s stock valued at $88,000 after buying an additional 5 shares during the period. Moneta Group Investment Advisors LLC boosted its stake in Markel Group by 4.4% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 118 shares of the insurance provider’s stock valued at $254,000 after buying an additional 5 shares during the period. Finally, Lido Advisors LLC grew its position in Markel Group by 1.1% during the fourth quarter. Lido Advisors LLC now owns 460 shares of the insurance provider’s stock worth $912,000 after buying an additional 5 shares in the last quarter. 77.12% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have weighed in on MKL. Wall Street Zen upgraded Markel Group from a “sell” rating to a “hold” rating in a research note on Saturday, August 1st. Wolfe Research began coverage on Markel Group in a research report on Wednesday, July 1st. They set an “underperform” rating for the company. Weiss Ratings raised Markel Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, August 3rd. Finally, Truist Financial decreased their price objective on shares of Markel Group from $2,100.00 to $1,950.00 and set a “hold” rating on the stock in a research report on Thursday, April 30th. Five analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $2,025.00.

Markel Group Stock Performance

NYSE MKL opened at $1,843.94 on Friday. Markel Group Inc. has a 52-week low of $1,719.41 and a 52-week high of $2,207.59. The company has a fifty day moving average of $1,910.02 and a 200-day moving average of $1,929.46. The company has a market capitalization of $22.85 billion, a P/E ratio of 10.14 and a beta of 0.66. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.63 and a current ratio of 0.63.

Insiders Place Their Bets

In other Markel Group news, Director Greta J. Harris sold 76 shares of Markel Group stock in a transaction dated 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 owned 645 shares of the company’s stock, valued at $1,191,514.95. The trade was a 10.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.08% of the stock is owned by insiders.

About Markel Group

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.