Warren Buffett and Corporate Insiders Love These Stocks: Top 5 Stocks

2. Markel Group Inc. (NYSE:MKL)

Berkshire Hathaway’s Q3 2023 Investment Value: $233 million

Insider Purchases: $1.5 million

Average Share Price: $1,356

Markel Group Inc. (NYSE:MKL) belongs to one of Warren Buffett’s favorite sectors, the insurance industry. However, the third quarter wasn’t fortunate for the company as the Oracle of Omaha reduced his holdings by 67%. Insiders have been prolific Markel Group Inc. (NYSE:MKL) buyers, and several of its directors have bought a cumulative $1.5 million of stock over the past twelve months.

As of June 2023 end, 29 out of the 910 hedge funds polled by Insider Monkey had invested in the company. Markel Group Inc. (NYSE:MKL)’s largest shareholder in our database during the September quarter was Warren Buffett’s Berkshire Hathaway as it owned 158,715 shares that were worth $233 million.

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