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

Kingstone Companies, Inc (NASDAQ:KINS)’s share price 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 changing hands.

Analyst Ratings Changes

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

Kingstone Companies Price Performance

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 debt-to-equity ratio of 0.04, a current ratio of 0.35 and a quick ratio of 0.35. The firm has a 50-day simple moving average of $15.77 and a 200-day simple moving average of $15.80.

Kingstone Companies (NASDAQ:KINS) last announced its earnings results 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 during 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, equities analysts forecast 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. Shareholders of record on Monday, May 11th were given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Monday, May 11th. Kingstone Companies’s dividend payout ratio (DPR) is presently 9.30%.

Kingstone Companies declared that its Board of Directors has initiated a stock repurchase program on Tuesday, May 19th that permits the company to repurchase 1,000,000 outstanding shares. This repurchase authorization permits the insurance provider to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

Insider Activity

In related news, Director Thomas Newgarden acquired 15,301 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The shares were purchased at an average price of $14.52 per share, with a total value of $222,170.52. Following the completion of the purchase, the director directly owned 70,165 shares of the company’s stock, valued at $1,018,795.80. This represents a 27.89% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director William L. Yankus sold 13,500 shares of the firm’s stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $18.00, for a total value of $243,000.00. Following the completion of the transaction, the director directly owned 84,972 shares in the company, valued at $1,529,496. This trade represents a 13.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders acquired 44,502 shares of company stock worth $653,377 over the last three months. Insiders own 5.10% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Cincinnati Insurance Co. bought a new position in shares of Kingstone Companies in the third quarter worth about $1,237,000. Daytona Street Capital LLC bought a new stake in Kingstone Companies during the 4th quarter valued at approximately $934,000. Royce & Associates LP bought a new stake in Kingstone Companies during the 4th quarter valued at approximately $7,551,000. Evernest Financial Advisors LLC raised its stake in Kingstone Companies by 35.3% during the 3rd quarter. Evernest Financial Advisors LLC now owns 211,690 shares of the insurance provider’s stock valued at $3,112,000 after purchasing an additional 55,190 shares during the period. Finally, Segall Bryant & Hamill LLC bought a new stake in Kingstone Companies during the 3rd quarter valued at approximately $608,000. Institutional investors own 14.91% of the company’s stock.

About Kingstone Companies

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.