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Kingstone Companies (NASDAQ:KINS) Director Floyd R. Tupper purchased 1,374 shares of the stock in a transaction dated Friday, August 29th. The shares were purchased at an average price of $7.20 per share, with a total value of $9,892.80. Following the completion of the transaction, the director now directly owns 21,018 shares of the company’s stock, valued at approximately $151,330. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Separately, analysts at Compass Point raised their price target on shares of Kingstone Companies from $7.50 to $8.50 in a research note on Thursday, August 14th. They now have a “buy” rating on the stock.

Shares of Kingstone Companies (NASDAQ:KINS) traded up 0.68% during mid-day trading on Tuesday, hitting $7.37. The stock had a trading volume of 5,017 shares. Kingstone Companies has a one year low of $4.59 and a one year high of $7.896. The stock has a 50-day moving average of $6.97 and a 200-day moving average of $6.77. The company has a market cap of $53.8 million and a price-to-earnings ratio of 12.28.

Kingstone Companies (NASDAQ:KINS) last announced its earnings results on Tuesday, August 12th. The company reported $0.17 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.18 by $0.01. On average, analysts predict that Kingstone Companies will post $0.68 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Monday, September 15th. Shareholders of record on Friday, August 29th will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 2.73%. The ex-dividend date is Wednesday, August 27th. This is a positive change from Kingstone Companies’s previous quarterly dividend of $0.04.

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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