OneDigital Investment Advisors LLC purchased a new stake in shares of Markel Group Inc. (NYSE:MKL – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 343 shares of the insurance provider’s stock, valued at approximately $670,000.
Other institutional investors have also added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of Markel Group during the 4th quarter worth approximately $317,583,000. Select Equity Group L.P. grew its holdings in shares of Markel Group by 75.9% in the second quarter. Select Equity Group L.P. now owns 336,369 shares of the insurance provider’s stock valued at $671,850,000 after purchasing an additional 145,146 shares in the last quarter. Davis Selected Advisers grew its holdings in shares of Markel Group by 11.1% in the fourth quarter. Davis Selected Advisers now owns 415,160 shares of the insurance provider’s stock valued at $892,496,000 after purchasing an additional 41,632 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in Markel Group in the second quarter worth $68,051,000. Finally, Northwestern Mutual Wealth Management Co. raised its stake in Markel Group by 3,235.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 25,316 shares of the insurance provider’s stock valued at $54,421,000 after purchasing an additional 24,557 shares in the last quarter. Hedge funds and other institutional investors own 77.12% of the company’s stock.
Insider Buying and Selling at Markel Group
In related news, Director Greta J. Harris sold 76 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $1,847.31, for a total value of $140,395.56. Following the completion of the sale, the director owned 645 shares in the company, valued at approximately $1,191,514.95. The trade was a 10.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.08% of the company’s stock.
Analysts Set New Price Targets
View Our Latest Report on Markel Group
Markel Group Trading Up 1.0%
Shares of MKL opened at $1,816.86 on Wednesday. The firm 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 debt-to-equity ratio of 0.23, a current ratio of 0.63 and a quick ratio of 0.63. Markel Group Inc. has a 1-year low of $1,719.41 and a 1-year high of $2,207.59. The company has a 50-day moving average of $1,910.16 and a 200 day moving average of $1,925.90.
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.
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