Anchyra Partners LLC Buys New Shares in Markel Group Inc. $MKL

Key Points

• Anchyra Partners LLC opened a new position in Markel Group (NYSE:MKL) in Q4, buying 678 shares valued at approximately $1.457 million.
• Wall Street consensus is an average "Hold" rating with an average price target of $2,100 (two analysts rate Buy, four rate Hold).
• CEO Simon Wilson sold 100 shares on Feb. 26 for about $207,948, reducing his stake to 2,397 shares; institutional investors own ~77.12% of MKL while insiders hold ~1.08%.

Anchyra Partners LLC bought a new position in shares of Markel Group Inc. (NYSE:MKL - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 678 shares of the insurance provider's stock, valued at approximately $1,457,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Diversify Advisory Services LLC boosted its stake in shares of Markel Group by 4.5% during the 4th quarter. Diversify Advisory Services LLC now owns 116 shares of the insurance provider's stock worth $239,000 after acquiring an additional 5 shares in the last quarter. Fifth Third Wealth Advisors LLC raised its position in shares of Markel Group by 5.3% during the third quarter. Fifth Third Wealth Advisors LLC now owns 120 shares of the insurance provider's stock worth $229,000 after purchasing an additional 6 shares during the period. Hemington Wealth Management lifted its holdings in shares of Markel Group by 35.3% during the third quarter. Hemington Wealth Management now owns 23 shares of the insurance provider's stock valued at $43,000 after purchasing an additional 6 shares during the last quarter. Resonant Capital Advisors LLC boosted its position in shares of Markel Group by 0.9% in the 3rd quarter. Resonant Capital Advisors LLC now owns 688 shares of the insurance provider's stock valued at $1,315,000 after purchasing an additional 6 shares during the period. Finally, Cary Street Partners Investment Advisory LLC boosted its position in shares of Markel Group by 31.8% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 29 shares of the insurance provider's stock valued at $55,000 after purchasing an additional 7 shares during the period. Institutional investors and hedge funds own 77.12% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Truist Financial boosted their price objective on Markel Group from $2,000.00 to $2,100.00 and gave the stock a "hold" rating in a report on Friday, February 6th. Weiss Ratings reiterated a "buy (b+)" rating on shares of Markel Group in a report on Friday, March 27th. Wall Street Zen raised shares of Markel Group from a "hold" rating to a "buy" rating in a research report on Saturday, March 14th. Zacks Research lowered shares of Markel Group from a "strong-buy" rating to a "hold" rating in a report on Monday, January 19th. Finally, Brean Capital started coverage on shares of Markel Group in a research note on Tuesday, March 24th. They issued a "neutral" rating and a $2,100.00 price objective for the company. Two analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $2,100.00.

Insider Activity at Markel Group

In related news, CEO Simon Wilson sold 100 shares of the business's stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $2,079.48, for a total transaction of $207,948.00. Following the transaction, the chief executive officer directly owned 2,397 shares of the company's stock, valued at approximately $4,984,513.56. The trade was a 4.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 1.08% of the company's stock.

Markel Group Trading Down 0.0%

Shares of NYSE MKL opened at $1,911.69 on Monday. Markel Group Inc. has a one year low of $1,766.03 and a one year high of $2,207.59. The firm has a market capitalization of $23.99 billion, a PE ratio of 11.26 and a beta of 0.79. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.23. The business has a 50-day moving average price of $1,967.59 and a two-hundred day moving average price of $2,022.57.

Markel Group 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.

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