Kingstone Companies, Inc. (NASDAQ:KINS - Get Free Report) Director Carla D'andre bought 4,000 shares of the stock in a transaction on Friday, November 15th. The shares were bought at an average price of $10.98 per share, for a total transaction of $43,920.00. Following the completion of the transaction, the director now directly owns 4,000 shares of the company's stock, valued at $43,920. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Kingstone Companies Stock Up 3.5 %
Shares of NASDAQ:KINS opened at $13.29 on Wednesday. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $164.12 million, a P/E ratio of 10.22 and a beta of 0.55. Kingstone Companies, Inc. has a 52-week low of $1.95 and a 52-week high of $13.54. The stock's fifty day simple moving average is $9.99 and its 200-day simple moving average is $7.52.
Kingstone Companies (NASDAQ:KINS - Get Free Report) last posted its quarterly earnings data on Tuesday, November 12th. The insurance provider reported $0.50 earnings per share for the quarter, meeting analysts' consensus estimates of $0.50. Kingstone Companies had a net margin of 10.60% and a return on equity of 32.55%. The business had revenue of $40.77 million during the quarter, compared to analyst estimates of $41.80 million. During the same quarter in the previous year, the business posted ($0.27) earnings per share. As a group, equities research analysts forecast that Kingstone Companies, Inc. will post 1.36 earnings per share for the current fiscal year.
Analyst Ratings Changes
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Separately, StockNews.com upgraded shares of Kingstone Companies from a "hold" rating to a "buy" rating in a report on Wednesday.
Read Our Latest Report on KINS
Institutional Investors Weigh In On Kingstone Companies
Hedge funds have recently made changes to their positions in the business. Barclays PLC purchased a new position in Kingstone Companies during the third quarter worth about $49,000. Geode Capital Management LLC boosted its holdings in shares of Kingstone Companies by 14.5% in the 3rd quarter. Geode Capital Management LLC now owns 95,950 shares of the insurance provider's stock valued at $878,000 after purchasing an additional 12,134 shares during the last quarter. XTX Topco Ltd purchased a new stake in shares of Kingstone Companies during the 3rd quarter valued at $290,000. Jane Street Group LLC acquired a new stake in shares of Kingstone Companies during the 3rd quarter worth $170,000. Finally, Wolverine Trading LLC purchased a new stake in Kingstone Companies during the third quarter valued at about $304,000. Institutional investors and hedge funds own 14.91% of the company's stock.
Kingstone Companies Company Profile
(
Get Free Report)
Kingstone Companies, Inc, through its subsidiary, provides property and casualty insurance products to individuals in the United States. It offers personal line of insurance products, such as homeowners and dwelling fire, cooperative/condominiums, renters, and personal umbrella policies. The company also provides for-hire vehicle physical damage only policies for livery and car service vehicles and taxicabs; and canine legal liability policies.
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