Markel Group Inc. $MKL Shares Bought by Baxter Bros Inc.

Key Points

• Baxter Bros Inc. increased its stake in Markel Group (NYSE:MKL) by 44.3% in Q4, adding 779 shares to hold 2,537 shares valued at about $5.45 million.
• CEO Simon Wilson sold 100 shares on Feb. 26 at an average price of $2,079.48 (≈$207,948), trimming his holdings to 2,397 shares; insiders now own roughly 1.08% of the company.
• Analysts are mixed: the consensus rating is "Hold" with a $2,100 consensus price target, though several firms have issued upgrades to "Buy" while others remain neutral.

Baxter Bros Inc. increased its holdings in Markel Group Inc. (NYSE:MKL - Free Report) by 44.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,537 shares of the insurance provider's stock after purchasing an additional 779 shares during the period. Baxter Bros Inc.'s holdings in Markel Group were worth $5,454,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Diversify Advisory Services LLC increased its position in Markel Group by 4.5% in the 4th quarter. Diversify Advisory Services LLC now owns 116 shares of the insurance provider's stock worth $239,000 after purchasing an additional 5 shares during the last quarter. Fifth Third Wealth Advisors LLC increased its position in Markel Group by 5.3% in the 3rd 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 last quarter. Hemington Wealth Management increased its position in Markel Group by 35.3% in the 3rd quarter. Hemington Wealth Management now owns 23 shares of the insurance provider's stock worth $43,000 after purchasing an additional 6 shares during the last quarter. Resonant Capital Advisors LLC increased its position in Markel Group by 0.9% in the 3rd quarter. Resonant Capital Advisors LLC now owns 688 shares of the insurance provider's stock worth $1,315,000 after purchasing an additional 6 shares during the last quarter. Finally, State of Wyoming increased its position in Markel Group by 35.0% in the 2nd quarter. State of Wyoming now owns 27 shares of the insurance provider's stock worth $54,000 after purchasing an additional 7 shares during the last quarter. Hedge funds and other institutional investors own 77.12% of the company's stock.

Insiders Place Their Bets

In related news, CEO Simon Wilson sold 100 shares of Markel Group stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $2,079.48, for a total transaction of $207,948.00. Following the sale, the chief executive officer directly owned 2,397 shares of the company's stock, valued at $4,984,513.56. This trade represents a 4.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.08% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

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

Markel Group Trading Down 0.8%

Markel Group stock opened at $1,968.30 on Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.63 and a current ratio of 0.63. The business's 50-day simple moving average is $1,983.89 and its 200-day simple moving average is $2,020.43. The firm has a market capitalization of $24.70 billion, a PE ratio of 11.60 and a beta of 0.79. Markel Group Inc. has a 52 week low of $1,698.99 and a 52 week high of $2,207.59.

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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