Kingstone Companies (NASDAQ:KINS) Stock Price Passes Below 200-Day Moving Average – Should You Sell?

Kingstone Companies, Inc (NASDAQ:KINS) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $15.80 and traded as low as $15.33. Kingstone Companies shares last traded at $15.54, with a volume of 57,062 shares trading hands.

Wall Street Analyst Weigh In

Several analysts recently issued reports on KINS shares. Weiss Ratings downgraded Kingstone Companies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, May 11th. Wall Street Zen downgraded Kingstone Companies from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of “Hold”.

Kingstone Companies Stock Up 0.7%

The firm has a market capitalization of $225.02 million, a PE ratio of 7.23 and a beta of 0.46. The company has a fifty day moving average price of $15.77 and a 200-day moving average price of $15.80. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.35 and a current ratio of 0.35.

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

Kingstone Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Monday, May 11th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Monday, May 11th. Kingstone Companies’s dividend payout ratio is 9.30%.

Kingstone Companies announced that its Board of Directors has initiated a stock buyback program 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. Shares buyback programs are generally a sign that the company’s board of directors believes its shares are undervalued.

Insider Activity at Kingstone Companies

In other news, Director Thomas Newgarden acquired 8,000 shares of the firm’s stock in a transaction dated Friday, May 29th. The shares were acquired at an average cost of $14.99 per share, with a total value of $119,920.00. Following the acquisition, the director directly owned 99,366 shares of the company’s stock, valued at approximately $1,489,496.34. The trade was a 8.76% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director William L. Yankus sold 13,500 shares of the company’s stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $18.00, for a total value of $243,000.00. Following the sale, the director directly owned 84,972 shares in the company, valued at $1,529,496. This trade represents a 13.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have bought a total of 44,502 shares of company stock worth $653,377 over the last ninety days. Insiders own 5.10% of the company’s stock.

Hedge Funds Weigh In On Kingstone Companies

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Deutsche Bank AG boosted its holdings in shares of Kingstone Companies by 8.0% in the 4th quarter. Deutsche Bank AG now owns 10,738 shares of the insurance provider’s stock worth $181,000 after purchasing an additional 797 shares during the period. First Trust Advisors LP boosted its holdings in shares of Kingstone Companies by 2.5% in the 4th quarter. First Trust Advisors LP now owns 37,121 shares of the insurance provider’s stock worth $625,000 after purchasing an additional 915 shares during the period. Man Group plc boosted its holdings in shares of Kingstone Companies by 6.8% in the 4th quarter. Man Group plc now owns 14,394 shares of the insurance provider’s stock worth $242,000 after purchasing an additional 922 shares during the period. State Street Corp boosted its holdings in shares of Kingstone Companies by 0.6% in the 4th quarter. State Street Corp now owns 160,604 shares of the insurance provider’s stock worth $2,703,000 after purchasing an additional 932 shares during the period. Finally, BNP Paribas Financial Markets boosted its holdings in shares of Kingstone Companies by 80.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,287 shares of the insurance provider’s stock worth $34,000 after purchasing an additional 1,017 shares during the period. Hedge funds and other 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.