Kingstone Companies, Inc. (NASDAQ:KINS) Director William L. Yankus Sells 10,253 Shares

Kingstone Companies, Inc. (NASDAQ:KINS) Director William L. Yankus sold 10,253 shares of the firm’s stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $16.18, for a total transaction of $165,893.54. Following the transaction, the director now directly owns 91,834 shares in the company, valued at $1,485,874.12. This trade represents a 10.04 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Kingstone Companies Stock Up 0.1 %

Shares of NASDAQ KINS traded up $0.02 during mid-day trading on Monday, reaching $15.98. 52,062 shares of the company were exchanged, compared to its average volume of 112,375. The firm has a 50-day moving average of $12.34 and a 200 day moving average of $8.93. Kingstone Companies, Inc. has a 1 year low of $1.95 and a 1 year high of $17.77. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 0.29. The stock has a market cap of $197.34 million, a price-to-earnings ratio of 12.28 and a beta of 0.71.

Kingstone Companies (NASDAQ:KINS) last released its quarterly earnings results on Tuesday, November 12th. The insurance provider reported $0.50 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.50. The business had revenue of $40.77 million for the quarter, compared to analysts’ expectations of $41.80 million. Kingstone Companies had a net margin of 10.60% and a return on equity of 32.55%. During the same period last year, the business earned ($0.27) EPS. On average, research analysts expect that Kingstone Companies, Inc. will post 1.4 earnings per share for the current year.

Hedge Funds Weigh In On Kingstone Companies

Large investors have recently made changes to their positions in the business. Barclays PLC acquired a new stake in shares of Kingstone Companies in the 3rd quarter worth $49,000. State Street Corp raised its stake in Kingstone Companies by 22.7% in the third quarter. State Street Corp now owns 30,229 shares of the insurance provider’s stock valued at $277,000 after buying an additional 5,600 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Kingstone Companies by 7.2% in the second quarter. Dimensional Fund Advisors LP now owns 109,172 shares of the insurance provider’s stock worth $546,000 after acquiring an additional 7,320 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Kingstone Companies by 14.5% in the third quarter. Geode Capital Management LLC now owns 95,950 shares of the insurance provider’s stock worth $878,000 after acquiring an additional 12,134 shares in the last quarter. Finally, Jane Street Group LLC purchased a new stake in shares of Kingstone Companies during the third quarter worth about $170,000. 14.91% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Kingstone Companies from a “buy” rating to a “hold” rating in a report on Wednesday, December 11th.

About Kingstone Companies

Kingstone Companies, Inc, through its subsidiary, provides property and casualty insurance products to individuals in the United States. It offers personal line of insurance products, such as homeowners and dwelling fire, cooperative/condominiums, renters, and personal umbrella policies. The company also provides for-hire vehicle physical damage only policies for livery and car service vehicles and taxicabs; and canine legal liability policies.