Caprock Group LLC Takes Position in Markel Group Inc. $MKL

Caprock Group LLC acquired a new position in Markel Group Inc. (NYSE:MKL) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 679 shares of the insurance provider’s stock, valued at approximately $1,330,000.

Several other institutional investors and hedge funds also recently bought and sold shares of MKL. Brighton Jones LLC bought a new position in shares of Markel Group in the fourth quarter worth about $236,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Markel Group by 13.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 109 shares of the insurance provider’s stock worth $204,000 after acquiring an additional 13 shares during the period. Goldman Sachs Group Inc. lifted its holdings in Markel Group by 9.7% during the first quarter. Goldman Sachs Group Inc. now owns 34,704 shares of the insurance provider’s stock valued at $64,883,000 after purchasing an additional 3,083 shares in the last quarter. Empowered Funds LLC boosted its position in shares of Markel Group by 49.1% in the first quarter. Empowered Funds LLC now owns 416 shares of the insurance provider’s stock worth $778,000 after purchasing an additional 137 shares during the period. Finally, CWM LLC increased its stake in shares of Markel Group by 26.4% in the second quarter. CWM LLC now owns 488 shares of the insurance provider’s stock worth $975,000 after purchasing an additional 102 shares in the last quarter. 77.12% of the stock is currently owned by hedge funds and other institutional investors.

Markel Group Price Performance

Shares of Markel Group stock opened at $2,060.89 on Friday. The firm has a market cap of $25.99 billion, a PE ratio of 12.14 and a beta of 0.79. The stock has a 50 day moving average of $2,104.99 and a 200 day moving average of $2,012.79. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.24. Markel Group Inc. has a 12 month low of $1,621.89 and a 12 month high of $2,207.59.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Zacks Research downgraded shares of Markel Group from a “strong-buy” rating to a “hold” rating in a report on Monday, January 19th. Truist Financial boosted their price objective on Markel Group from $2,000.00 to $2,100.00 and gave the company a “hold” rating in a research report on Friday, February 6th. Finally, Weiss Ratings reiterated a “buy (b+)” rating on shares of Markel Group in a research report on Monday, December 29th. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $2,100.00.

Insider Transactions at Markel Group

In other Markel Group news, CEO Simon Wilson sold 75 shares of the company’s stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $2,072.94, for a total transaction of $155,470.50. Following the sale, the chief executive officer directly owned 1,770 shares in the company, valued at $3,669,103.80. This represents a 4.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Steven A. Markel sold 1,330 shares of Markel Group 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 value of $2,818,429.60. Following the completion of the transaction, the director owned 60,368 shares of the company’s stock, valued at approximately $127,927,036.16. This trade represents a 2.16% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 1,575 shares of company stock worth $3,330,900. Insiders own 1.66% of the company’s stock.

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.