605 Shares in Markel Group Inc. $MKL Bought by Trust Co. of Vermont

Trust Co. of Vermont purchased a new stake in Markel Group Inc. (NYSE:MKL) during the second quarter, Holdings Channel reports. The institutional investor purchased 605 shares of the insurance provider’s stock, valued at approximately $1,182,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Fideuram Asset Management Ireland dac acquired a new position in shares of Markel Group during the fourth quarter worth about $26,000. Reflection Asset Management purchased a new position in Markel Group in the fourth quarter valued at approximately $26,000. Basepoint Wealth LLC acquired a new stake in Markel Group during the 4th quarter worth $32,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Markel Group during the third quarter worth about $29,000. Finally, MidAtlantic Capital Management Inc. acquired a new position in Markel Group during the fourth quarter worth approximately $39,000. Hedge funds and other institutional investors own 77.12% of the company’s stock.

Wall Street Analyst Weigh In

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

Insider Activity

In other news, Director Greta J. Harris sold 76 shares of the stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $1,847.31, for a total value of $140,395.56. Following the completion of the transaction, the director owned 645 shares in the company, valued at $1,191,514.95. This trade represents a 10.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.08% of the stock is owned by corporate insiders.

Markel Group Stock Performance

NYSE MKL opened at $1,816.86 on Wednesday. The business’s 50 day moving average is $1,910.16 and its two-hundred day moving average is $1,925.90. The stock has a market capitalization of $22.51 billion, a price-to-earnings ratio of 9.99 and a beta of 0.66. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.23. Markel Group Inc. has a 12-month low of $1,719.41 and a 12-month high of $2,207.59.

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.