Kingstone Companies CEO Acquires $8,700 in Stock (KINS)
Kingstone Companies (NASDAQ:KINS) CEO Barry Goldstein acquired 1,500 shares of the stock in a transaction that occurred on Friday, May 16th. The stock was purchased at an average cost of $5.80 per share, for a total transaction of $8,700.00. Following the purchase, the chief executive officer now directly owns 783,871 shares in the company, valued at approximately $4,546,452. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of Kingstone Companies (NASDAQ:KINS) remained flat at $5.80 during trading on Monday. 6,805 shares of the company’s stock traded hands. Kingstone Companies has a 52 week low of $4.59 and a 52 week high of $7.896. The stock has a 50-day moving average of $6.71 and a 200-day moving average of $6.68. The company has a market cap of $42.2 million and a P/E ratio of 13.43.
Kingstone Companies (NASDAQ:KINS) last released its earnings data on Thursday, May 15th. The company reported $0.04 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.16 by $0.12. Analysts expect that Kingstone Companies will post $0.68 EPS for the current fiscal year.
Kingstone Companies, Inc (NASDAQ:KINS) is engaged in offering property and casualty insurance products to small businesses and individuals in New York State through its wholly owned subsidiary, Kingstone Insurance Company (KICO).
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