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Kingstone Companies (NASDAQ:KINS) Director Floyd R. Tupper acquired 2,750 shares of the company’s stock in a transaction dated Wednesday, September 3rd. The shares were purchased at an average price of $7.36 per share, with a total value of $20,240.00. Following the transaction, the director now directly owns 23,768 shares in the company, valued at approximately $174,932. The purchase was disclosed in a document filed with the SEC, which is available at 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.

Kingstone Companies (NASDAQ:KINS) traded down 0.54% during mid-day trading on Wednesday, hitting $7.35. The stock had a trading volume of 27,255 shares. 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 $6.98 and its 200-day moving average is $6.77. The company has a market cap of $53.6 million and a price-to-earnings ratio of 12.40.

Kingstone Companies (NASDAQ:KINS) last released its earnings data 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. Analysts expect that Kingstone Companies will post $0.68 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Monday, September 15th. Shareholders of record on Friday, August 29th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 2.71%. The ex-dividend date of this dividend 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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