GSA Capital Partners LLP Makes New $1.05 Million Investment in Markel Group Inc. $MKL

GSA Capital Partners LLP bought a new stake in shares of Markel Group Inc. (NYSE:MKL) in the 2nd quarter, HoldingsChannel reports. The fund bought 536 shares of the insurance provider’s stock, valued at approximately $1,047,000.

A number of other institutional investors and hedge funds also recently modified their holdings of MKL. Fideuram Asset Management Ireland dac bought a new position in shares of Markel Group in the 4th quarter worth about $26,000. Reflection Asset Management bought a new stake in shares of Markel Group during the 4th quarter valued at about $26,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Markel Group during the 3rd quarter valued at about $29,000. Basepoint Wealth LLC acquired a new stake in Markel Group during the fourth quarter worth about $32,000. Finally, Kelleher Financial Advisors acquired a new stake in Markel Group during the third quarter worth about $38,000. 77.12% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Markel Group Stock Down 2.6%

MKL stock opened at $1,799.85 on Tuesday. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.23. Markel Group Inc. has a fifty-two week low of $1,719.41 and a fifty-two week high of $2,207.59. The firm’s 50-day simple moving average is $1,910.09 and its 200 day simple moving average is $1,927.25. The stock has a market cap of $22.30 billion, a PE ratio of 9.90 and a beta of 0.66.

Insider Transactions at Markel Group

In other Markel Group news, Director Greta J. Harris sold 76 shares of the company’s 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 approximately $1,191,514.95. This represents a 10.54% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.08% of the stock is owned by insiders.

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.