Markel Corp (MKL): Steven A Markel , Vice Chairman of Markel Corp sold 5,000 shares on May 16, 2016. The Insider selling transaction was reported by the company on May 18, 2016 to the Securities and Exchange Commission. The shares were sold at $955.94 per share for a total value of $4,779,695.50 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 17, 2016, Anne G Waleski (Exec Vice President and CFO) sold 387 shares at $956.02 per share price.On May 13, 2016, Anthony F Markel (Vice Chairman) sold 95 shares at $961.00 per share price.Also, On Apr 21, 2016, Darrell D Martin (director) sold 364 shares at $920.00 per share price.On Mar 14, 2016, Alan I Kirshner (Executive Chairman) purchased 1 shares at $862.50 per share price.
Shares of Markel Corporation (MKL) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -5.79 points or -0.60% at $964.1 with 39,699 shares getting traded. Post opening the session at $965.51, the shares hit an intraday low of $952.55 and an intraday high of $969.2 and the price vacillated in this range throughout the day. The company has a market cap of $13,467 M and the number of outstanding shares has been calculated to be 1,39,68,710 shares. The 52-week high of Markel Corporation is $969.98 and the 52-week low is $763.
Markel Corporation is a financial holding company serving variety of markets. The Company markets and underwrites specialty insurance products. The Company also owns interests in various industrial and service businesses that operate outside of the specialty insurance marketplace. The Company operates in three segments: U.S. Insurance International Insurance and Reinsurance. The U.S. Insurance segment includes all direct business and facultative placements written by the Company’s insurance subsidiaries domiciled in the United States. The International Insurance segment includes all direct business and facultative placements written by the Company’s insurance subsidiaries domiciled outside of the United States including the Company’s syndicate at Lloyd’s. The Reinsurance segment includes all treaty reinsurance written across the Company. In the United States it writes business in the excess and surplus lines (E&S) and specialty admitted insurance and reinsurance markets.