Kinsale Capital Group Inc (NASDAQ:KNSL) COO Brian D. Haney sold 2,250 shares of the firm’s stock in a transaction dated Friday, July 12th. The stock was sold at an average price of $94.58, for a total value of $212,805.00. Following the transaction, the chief operating officer now owns 177,249 shares of the company’s stock, valued at $16,764,210.42. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
NASDAQ KNSL opened at $94.67 on Wednesday. The business’s 50 day simple moving average is $90.02. Kinsale Capital Group Inc has a one year low of $50.34 and a one year high of $99.70. The firm has a market capitalization of $2.04 billion, a PE ratio of 52.89 and a beta of 0.54.
Kinsale Capital Group (NASDAQ:KNSL) last released its earnings results on Thursday, May 2nd. The financial services provider reported $0.64 EPS for the quarter, topping the consensus estimate of $0.50 by $0.14. Kinsale Capital Group had a return on equity of 16.77% and a net margin of 18.52%. The business had revenue of $72.19 million during the quarter, compared to analysts’ expectations of $62.98 million. Equities analysts expect that Kinsale Capital Group Inc will post 2.42 EPS for the current year.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. lifted its position in Kinsale Capital Group by 18.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 10,961 shares of the financial services provider’s stock worth $610,000 after purchasing an additional 1,671 shares during the period. BlackRock Inc. lifted its position in Kinsale Capital Group by 19.5% in the fourth quarter. BlackRock Inc. now owns 1,619,686 shares of the financial services provider’s stock worth $89,989,000 after purchasing an additional 264,220 shares during the period. Citigroup Inc. lifted its position in Kinsale Capital Group by 18.6% in the fourth quarter. Citigroup Inc. now owns 6,147 shares of the financial services provider’s stock worth $342,000 after purchasing an additional 963 shares during the period. Northern Trust Corp lifted its position in Kinsale Capital Group by 4.5% in the fourth quarter. Northern Trust Corp now owns 281,540 shares of the financial services provider’s stock worth $15,643,000 after purchasing an additional 12,223 shares during the period. Finally, Great West Life Assurance Co. Can lifted its position in Kinsale Capital Group by 94.8% in the fourth quarter. Great West Life Assurance Co. Can now owns 2,423 shares of the financial services provider’s stock worth $129,000 after purchasing an additional 1,179 shares during the period. 83.01% of the stock is owned by institutional investors and hedge funds.
Kinsale Capital Group Company Profile
Kinsale Capital Group, Inc provides as a casualty and property insurance products in the United States. Its commercial lines offerings include construction, small business, energy, excess and general casualty, life sciences, allied health, health care, commercial property, environmental, public entity, inland marine, and commercial insurance, as well as product, professional, and management liability insurance; and homeowners insurance.
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