Kingstone Companies, Inc. (KINS) Files Form 4 Insider Buying : Barry Goldstein Buys 900 Shares

Kingstone Companies, Inc. (KINS): Barry Goldstein , CEO of Kingstone Companies, Inc. purchased 900 shares on May 24, 2016. The Insider buying transaction was reported by the company on May 24, 2016 to the Securities and Exchange Commission. The shares were purchased at $9.12 per share for a total value of $8,208.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 20, 2016, Floyd R Tupper (director) purchased 1,000 shares at $8.95 per share price.On May 19, 2016, Barry Goldstein (CEO) purchased 1,092 shares at $9.00 per share price.Also, On Jan 5, 2015, Michael Feinsod (director) sold 14,596 shares at $8.00 per share price.

Kingstone Companies Inc: On Friday, May 20, 2016 heightened volatility was witnessed in Kingstone Companies Inc which led to swings in the share price. The shares opened for trading at $9 and hit $9.1 on the upside , eventually ending the session at $9.08, with a gain of 0.67% or 0.06 points. The heightened volatility saw the trading volume jump to 17,503 shares. The 52-week high of the share price is $10 and the company has a market cap of $72 M . The 52-week low of the share price is at $7.21.

Kingstone Companies Inc Money Flow Index Chart

Kingstone Companies Inc. offers property and casualty insurance products to small businesses and individuals. The Company offers these products through its wholly owned subsidiary Kingstone Insurance Company (KICO). KICO is a licensed property and casualty insurance company. Kingstone through its subsidiary Payments Inc. is a licensed premium finance company. Its product lines include personal lines which consists of homeowners dwelling fire 3-4 family dwelling package condominium renters equipment breakdown and service line endorsements and personal umbrella policies; commercial liability which offers owners policies and consists primarily of small business retail risks without a residential exposure; Livery physical damage which writes for-hire vehicle-physical-damage only policies for livery and car service vehicles and taxicabs. It also writes canine legal liability policies and also has a small participation in mandatory state joint underwriting associations.

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