Insider Buying: Barry Goldstein Acquires 1,000 Shares of Kingstone Companies Stock (KINS)
Kingstone Companies (NASDAQ:KINS) CEO Barry Goldstein purchased 1,000 shares of Kingstone Companies stock on the open market in a transaction that occurred on Friday, June 13th. The stock was purchased at an average cost of $6.43 per share, with a total value of $6,430.00. Following the completion of the acquisition, the chief executive officer now directly owns 784,871 shares in the company, valued at approximately $5,046,721. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.
Kingstone Companies (NASDAQ:KINS) opened at 6.46 on Tuesday. 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 $6.3 and a 200-day moving average of $6.80. The company has a market cap of $47.0 million and a P/E ratio of 14.73.
Kingstone Companies (NASDAQ:KINS) last released its earnings data on Thursday, May 15th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by $0.12. Analysts expect that Kingstone Companies will post $0.70 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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