Kingstone Companies (NASDAQ:KINS) Stock Price Passes Above Fifty Day Moving Average – Time to Sell?

Shares of Kingstone Companies, Inc (NASDAQ:KINS) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $16.06 and traded as high as $16.95. Kingstone Companies shares last traded at $16.76, with a volume of 99,700 shares traded.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Wall Street Zen downgraded Kingstone Companies from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Weiss Ratings cut shares of Kingstone Companies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 11th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

Kingstone Companies Trading Up 3.1%

The company has a market capitalization of $242.68 million, a P/E ratio of 7.80 and a beta of 0.46. The stock’s 50 day moving average is $16.06 and its 200-day moving average is $15.89. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.35 and a quick ratio of 0.35.

Kingstone Companies (NASDAQ:KINS) last issued its quarterly earnings data on Thursday, May 7th. The insurance provider reported ($0.35) EPS for the quarter, missing the consensus estimate of ($0.26) by ($0.09). Kingstone Companies had a return on equity of 28.63% and a net margin of 13.86%.The company had revenue of $59.78 million during the quarter, compared to analysts’ expectations of $66.90 million. Kingstone Companies has set its FY 2026 guidance at 2.200-2.900 EPS. As a group, equities research analysts anticipate that Kingstone Companies, Inc will post 2.6 earnings per share for the current year.

Kingstone Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Monday, May 11th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Monday, May 11th. Kingstone Companies’s dividend payout ratio (DPR) is presently 9.30%.

Kingstone Companies announced that its board has authorized a stock buyback plan on Tuesday, May 19th that permits the company to buyback 1,000,000 outstanding shares. This buyback authorization permits the insurance provider to purchase shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s leadership believes its stock is undervalued.

Insider Activity at Kingstone Companies

In other Kingstone Companies news, Director Thomas Newgarden bought 8,000 shares of the company’s stock in a transaction dated Friday, May 29th. The shares were purchased at an average price of $14.99 per share, for a total transaction of $119,920.00. Following the acquisition, the director owned 99,366 shares in the company, valued at approximately $1,489,496.34. This represents a 8.76% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director William L. Yankus sold 13,500 shares of the company’s stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $18.00, for a total transaction of $243,000.00. Following the completion of the sale, the director directly owned 84,972 shares in the company, valued at $1,529,496. This represents a 13.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have purchased 44,502 shares of company stock worth $653,377 over the last 90 days. 5.10% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Kingstone Companies

Several hedge funds have recently bought and sold shares of the business. BNP Paribas Financial Markets increased its stake in shares of Kingstone Companies by 80.1% during the third quarter. BNP Paribas Financial Markets now owns 2,287 shares of the insurance provider’s stock valued at $34,000 after purchasing an additional 1,017 shares in the last quarter. State of Alaska Department of Revenue bought a new stake in shares of Kingstone Companies in the 4th quarter worth approximately $45,000. Kestra Advisory Services LLC purchased a new stake in shares of Kingstone Companies in the 4th quarter worth approximately $51,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of Kingstone Companies in the 2nd quarter worth approximately $93,000. Finally, MetLife Investment Management LLC increased its position in Kingstone Companies by 99.6% during the 4th quarter. MetLife Investment Management LLC now owns 6,528 shares of the insurance provider’s stock valued at $110,000 after buying an additional 3,257 shares in the last quarter. Institutional investors own 14.91% of the company’s stock.

Kingstone Companies Company Profile

Kingstone Companies, Inc is a publicly traded property and casualty insurance holding company whose primary focus lies in personal and commercial insurance products. Through its wholly owned subsidiary, Kingstone Insurance Company, the firm underwrites a broad portfolio of property and casualty lines, including private passenger auto, homeowners, inland marine, umbrella, and various small‐commercial coverage options. Distribution is handled predominantly through a network of independent agents, allowing Kingstone to maintain strong broker relationships and responsive service for policyholders.

The company was incorporated in Delaware in 2010 and commenced operations following the acquisition of Kingstone Insurance Company in early 2011.