Markel Group Inc. $MKL Position Increased by Mediolanum International Funds Ltd

Mediolanum International Funds Ltd raised its position in Markel Group Inc. (NYSE:MKL) by 15.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,868 shares of the insurance provider’s stock after purchasing an additional 246 shares during the quarter. Mediolanum International Funds Ltd’s holdings in Markel Group were worth $3,550,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of MKL. Clearstead Trust LLC lifted its holdings in shares of Markel Group by 180.0% during the 2nd quarter. Clearstead Trust LLC now owns 14 shares of the insurance provider’s stock valued at $28,000 after buying an additional 9 shares during the last quarter. Chilton Capital Management LLC acquired a new position in Markel Group in the second quarter worth approximately $32,000. Ameritas Advisory Services LLC bought a new position in Markel Group during the second quarter valued at approximately $38,000. GoalVest Advisory LLC acquired a new stake in Markel Group in the third quarter valued at approximately $38,000. Finally, Hemington Wealth Management grew its position in Markel Group by 35.3% in the third quarter. Hemington Wealth Management now owns 23 shares of the insurance provider’s stock worth $43,000 after acquiring an additional 6 shares in the last quarter. 77.12% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Markel Group

In related news, Director Steven A. Markel sold 1,330 shares of the stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $2,119.12, for a total transaction of $2,818,429.60. Following the completion of the sale, the director owned 60,368 shares in the company, valued at $127,927,036.16. This represents a 2.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Simon Wilson sold 75 shares of the firm’s stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $2,072.94, for a total value of $155,470.50. Following the completion of the sale, the chief executive officer directly owned 1,770 shares in the company, valued at $3,669,103.80. This trade represents a 4.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,575 shares of company stock valued at $3,330,900 over the last 90 days. Corporate insiders own 1.66% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on MKL. Zacks Research downgraded shares of Markel Group from a “strong-buy” rating to a “hold” rating in a report on Monday, January 19th. Weiss Ratings reissued a “buy (b+)” rating on shares of Markel Group in a research report on Monday, December 29th. Finally, TD Cowen restated a “hold” rating on shares of Markel Group in a report on Tuesday, October 7th. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $2,025.00.

Markel Group Price Performance

NYSE MKL opened at $2,033.02 on Tuesday. Markel Group Inc. has a 1 year low of $1,621.89 and a 1 year high of $2,207.59. The company has a fifty day simple moving average of $2,103.07 and a 200 day simple moving average of $2,008.89. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.24. The company has a market cap of $25.64 billion, a P/E ratio of 12.73 and a beta of 0.79.

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.