Kinsale Capital Group Inc (NASDAQ:KNSL) COO Brian D. Haney sold 2,250 shares of Kinsale Capital Group stock in a transaction on Friday, July 12th. The shares were sold at an average price of $94.58, for a total value of $212,805.00. Following the completion of the transaction, the chief operating officer now owns 177,249 shares of the company’s stock, valued at approximately $16,764,210.42. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
NASDAQ KNSL opened at $92.00 on Thursday. The company has a fifty day moving average price of $90.15. The firm has a market cap of $2.06 billion, a PE ratio of 51.40 and a beta of 0.54. Kinsale Capital Group Inc has a 52 week low of $50.34 and a 52 week high of $99.70.
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, beating the Thomson Reuters’ consensus estimate of $0.50 by $0.14. The company had revenue of $72.19 million during the quarter, compared to analysts’ expectations of $62.98 million. Kinsale Capital Group had a return on equity of 16.77% and a net margin of 18.52%. Equities analysts predict that Kinsale Capital Group Inc will post 2.42 earnings per share for the current year.
KNSL has been the subject of several research analyst reports. BidaskClub downgraded YY from a “buy” rating to a “hold” rating in a research report on Wednesday, April 10th. TheStreet cut USD Partners from a “b-” rating to a “c+” rating in a research note on Friday, May 10th. ValuEngine raised Zuora from a “hold” rating to a “buy” rating in a research note on Saturday, July 6th. Zacks Investment Research cut GENEL ENERGY PL/ADR from a “hold” rating to a “sell” rating in a research note on Thursday, July 4th. Finally, SunTrust Banks lifted their target price on Constellation Brands from $180.00 to $190.00 and gave the company a “hold” rating in a research note on Monday, July 1st. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $92.00.
About Kinsale Capital Group
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.
Featured Article: What is Forex?
Receive News & Ratings for Kinsale Capital Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kinsale Capital Group and related companies with MarketBeat.com's FREE daily email newsletter.