Kingstone Companies, Inc. (NASDAQ:KINS) Director William L. Yankus Sells 10,253 Shares

Kingstone Companies, Inc. (NASDAQ:KINS) Director William L. Yankus sold 10,253 shares of the company’s stock in a transaction on Friday, December 13th. The stock was sold at an average price of $16.18, for a total transaction of $165,893.54. Following the transaction, the director now owns 91,834 shares of the company’s stock, valued at approximately $1,485,874.12. This represents a 10.04 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Kingstone Companies Trading Up 0.1 %

Shares of NASDAQ KINS traded up $0.02 during midday trading on Monday, hitting $15.98. The company’s stock had a trading volume of 52,062 shares, compared to its average volume of 112,375. The business’s 50 day moving average is $12.34 and its two-hundred day moving average is $8.93. Kingstone Companies, Inc. has a 12-month low of $1.95 and a 12-month high of $17.77. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 0.29. The firm has a market cap of $197.34 million, a P/E ratio of 12.28 and a beta of 0.71.

Kingstone Companies (NASDAQ:KINS) last released its earnings results on Tuesday, November 12th. The insurance provider reported $0.50 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.50. Kingstone Companies had a return on equity of 32.55% and a net margin of 10.60%. The business had revenue of $40.77 million for the quarter, compared to analyst estimates of $41.80 million. During the same quarter last year, the firm posted ($0.27) earnings per share. As a group, equities research analysts expect that Kingstone Companies, Inc. will post 1.4 EPS for the current year.

Institutional Investors Weigh In On Kingstone Companies

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Barclays PLC bought a new position in Kingstone Companies in the 3rd quarter worth about $49,000. Jane Street Group LLC purchased a new stake in shares of Kingstone Companies in the third quarter valued at approximately $170,000. State Street Corp grew its stake in Kingstone Companies by 22.7% in the third quarter. State Street Corp now owns 30,229 shares of the insurance provider’s stock worth $277,000 after purchasing an additional 5,600 shares in the last quarter. XTX Topco Ltd purchased a new position in Kingstone Companies during the 3rd quarter worth $290,000. Finally, Wolverine Trading LLC bought a new stake in Kingstone Companies during the 3rd quarter valued at $304,000. Institutional investors own 14.91% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Kingstone Companies from a “buy” rating to a “hold” rating in a research note on Wednesday, December 11th.

About Kingstone Companies

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.