Kingstone Companies (NASDAQ:KINS) Director Buys $218,286.36 in Stock

Key Points

  • Director Thomas Newgarden bought 15,201 Kingstone Companies shares on May 13 at an average price of $14.36, spending about $218,286. The purchase increased his direct stake by 21.66% to 85,366 shares.
  • Kingstone reported a weaker-than-expected quarter, posting EPS of -$0.35 versus the -$0.26 consensus and revenue of $59.78 million versus expectations of $66.90 million. The company also said it expects FY 2026 EPS of 2.2 to 2.9.
  • The stock was down 3.5% and opened at $14.16, while analysts currently have a consensus Hold rating on KINS. The company also announced a quarterly dividend of $0.05 per share, or $0.20 annualized, for a 1.4% yield.

Kingstone Companies, Inc (NASDAQ:KINS - Get Free Report) Director Thomas Newgarden purchased 15,201 shares of the company's stock in a transaction that occurred on Wednesday, May 13th. The shares were bought at an average cost of $14.36 per share, with a total value of $218,286.36. Following the transaction, the director directly owned 85,366 shares of the company's stock, valued at $1,225,855.76. The trade was a 21.66% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website.

Thomas Newgarden also recently made the following trade(s):

  • On Tuesday, May 12th, Thomas Newgarden purchased 15,301 shares of Kingstone Companies stock. The stock was bought at an average price of $14.52 per share, for a total transaction of $222,170.52.

Kingstone Companies Stock Down 3.5%

Shares of NASDAQ KINS opened at $14.16 on Thursday. The stock has a market capitalization of $205.04 million, a PE ratio of 6.59 and a beta of 0.52. The company has a quick ratio of 0.37, a current ratio of 0.35 and a debt-to-equity ratio of 0.04. The firm has a fifty day moving average of $15.72 and a 200-day moving average of $15.72. Kingstone Companies, Inc has a 52-week low of $13.08 and a 52-week high of $19.42.




Kingstone Companies (NASDAQ:KINS - Get Free Report) last issued its earnings results on Thursday, May 7th. The insurance provider reported ($0.35) earnings per share for the quarter, missing the consensus estimate of ($0.26) by ($0.09). Kingstone Companies had a return on equity of 28.63% and a net margin of 13.86%.The firm had revenue of $59.78 million during the quarter, compared to analysts' expectations of $66.90 million. Kingstone Companies has set its FY 2026 guidance at 2.200-2.900 EPS. On average, analysts anticipate that Kingstone Companies, Inc will post 2.3 EPS for the current year.

Kingstone Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 26th. Stockholders of record on Monday, May 11th will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Monday, May 11th. Kingstone Companies's payout ratio is currently 9.30%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Cincinnati Insurance Co. purchased a new stake in shares of Kingstone Companies in the third quarter worth about $1,237,000. Daytona Street Capital LLC acquired a new position in Kingstone Companies during the 4th quarter worth approximately $934,000. Evernest Financial Advisors LLC lifted its position in Kingstone Companies by 35.3% during the 3rd quarter. Evernest Financial Advisors LLC now owns 211,690 shares of the insurance provider's stock worth $3,112,000 after acquiring an additional 55,190 shares in the last quarter. Segall Bryant & Hamill LLC purchased a new position in Kingstone Companies in the 3rd quarter worth approximately $608,000. Finally, Cincinnati Life Insurance Co. purchased a new position in Kingstone Companies in the 3rd quarter worth approximately $619,000. Institutional investors and hedge funds own 14.91% of the company's stock.

Analysts Set New Price Targets

KINS has been the subject of a number of research analyst reports. Zacks Research raised shares of Kingstone Companies to a "hold" rating in a research report on Friday, February 6th. Wall Street Zen raised shares of Kingstone Companies from a "hold" rating to a "buy" rating in a research report on Saturday, April 18th. Finally, Weiss Ratings downgraded shares of Kingstone Companies from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Monday. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Kingstone Companies currently has a consensus rating of "Hold".

Get Our Latest Research Report on KINS

Kingstone Companies Company Profile

(Get Free Report)

Kingstone Companies, Inc is a publicly traded property and casualty insurance holding company whose primary focus lies in personal and commercial insurance products. Through its wholly owned subsidiary, Kingstone Insurance Company, the firm underwrites a broad portfolio of property and casualty lines, including private passenger auto, homeowners, inland marine, umbrella, and various small‐commercial coverage options. Distribution is handled predominantly through a network of independent agents, allowing Kingstone to maintain strong broker relationships and responsive service for policyholders.

The company was incorporated in Delaware in 2010 and commenced operations following the acquisition of Kingstone Insurance Company in early 2011.

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