Insider Buying: Kingstone Companies CEO Buys 1,160 Shares of Stock (KINS)
Kingstone Companies (NASDAQ:KINS) CEO Barry Goldstein purchased 1,160 shares of Kingstone Companies stock on the open market in a transaction that occurred on Friday, June 27th. The stock was purchased at an average cost of $6.65 per share, with a total value of $7,714.00. Following the completion of the acquisition, the chief executive officer now directly owns 787,000 shares in the company, valued at approximately $5,233,550. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.
Kingstone Companies (NASDAQ:KINS) opened at 6.67 on Tuesday. Kingstone Companies has a one year low of $4.59 and a one year high of $7.896. The stock’s 50-day moving average is $6.2 and its 200-day moving average is $6.83. The company has a market cap of $48.6 million and a P/E ratio of 15.05.
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. On average, analysts predict that Kingstone Companies will post $0.70 earnings per share 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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