Lemuel E. Lewis Buys 1,000 Shares of Markel Corporation (MKL) Stock

Markel Corporation (NYSE:MKL) Director Lemuel E. Lewis purchased 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 8th. The shares were purchased at an average cost of $1,080.96 per share, with a total value of $1,080,960.00. Following the completion of the acquisition, the director now owns 5,294 shares in the company, valued at approximately $5,722,602.24. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Markel Corporation (NYSE:MKL) opened at $1,077.82 on Wednesday. Markel Corporation has a 52 week low of $867.02 and a 52 week high of $1,105.23. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.55 and a current ratio of 0.55. The company has a market capitalization of $14,888.78, a price-to-earnings ratio of 351.40 and a beta of 1.05.

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A number of institutional investors have recently bought and sold shares of MKL. Teachers Advisors LLC increased its stake in Markel Corporation by 5.2% during the 1st quarter. Teachers Advisors LLC now owns 15,689 shares of the insurance provider’s stock worth $15,310,000 after acquiring an additional 778 shares during the period. Morgan Stanley increased its stake in Markel Corporation by 8.0% during the 1st quarter. Morgan Stanley now owns 11,031 shares of the insurance provider’s stock worth $10,764,000 after acquiring an additional 816 shares during the period. KCG Holdings Inc. bought a new position in Markel Corporation during the 1st quarter worth $236,000. HighTower Advisors LLC increased its stake in Markel Corporation by 53.6% during the 1st quarter. HighTower Advisors LLC now owns 421 shares of the insurance provider’s stock worth $413,000 after acquiring an additional 147 shares during the period. Finally, Capstone Asset Management Co. increased its stake in shares of Markel Corporation by 9.5% in the 2nd quarter. Capstone Asset Management Co. now owns 404 shares of the insurance provider’s stock valued at $394,000 after purchasing an additional 35 shares during the last quarter. Hedge funds and other institutional investors own 76.78% of the company’s stock.

Several analysts recently weighed in on MKL shares. Boenning Scattergood set a $1,050.00 price target on Markel Corporation and gave the stock a “buy” rating in a report on Wednesday, July 26th. SunTrust Banks, Inc. reissued a “hold” rating and set a $1,100.00 price target on shares of Markel Corporation in a report on Friday, October 27th. ValuEngine raised Markel Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, August 1st. Royal Bank Of Canada reissued a “hold” rating and set a $1,050.00 price target on shares of Markel Corporation in a report on Tuesday, October 3rd. Finally, BidaskClub raised Markel Corporation from a “hold” rating to a “buy” rating in a report on Thursday, August 3rd. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Markel Corporation currently has an average rating of “Hold” and an average price target of $1,066.67.

About Markel Corporation

Markel Corporation is a financial holding company serving a range of markets. The Company’s principal business markets and underwrites specialty insurance products. It monitors and reports its ongoing underwriting operations in three segments: U.S. Insurance, International Insurance and Reinsurance. The Company, through its subsidiary Markel Ventures, Inc (Markel Ventures), owns interests in various industrial and service businesses that operate outside of the specialty insurance marketplace.

Insider Buying and Selling by Quarter for Markel Corporation (NYSE:MKL)

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