Director Thomas Newgarden Buys $440K in Kingstone Stock
KINS is trading near its 52-week low of $13.08 (8.3% above the low).
Summary
Director Thomas Newgarden purchased over $440,000 worth of Kingstone Companies common stock, marking a significant insider buy following recent mixed financial results.
Key Events · Ownership and Investor Activity · KINS
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Director's Significant Purchase
Thomas Newgarden, a Director, acquired 30,502 shares of common stock for a total of $440,457 through open market transactions on May 12-13, 2026.
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Shift in Insider Sentiment
This purchase contrasts with the prior 90-day insider activity which showed net selling, now resulting in a net positive insider buying trend.
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Post-Q1 Loss Confidence
The acquisition follows the company's recent report of a Q1 2026 net loss, suggesting the director sees value despite recent financial challenges.
Analysis · KINS · Finance
This substantial open-market purchase by a director signals confidence in Kingstone Companies, especially coming shortly after the company reported a Q1 net loss. The transaction also shifts the recent 90-day insider activity from net selling to net buying, indicating a potential change in insider sentiment.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 29.9% of the 1656 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, KINS was trading at $14.16 on NASDAQ in the Finance sector, with a market capitalization of approximately $205.1M. The 52-week trading range was $13.08 to $19.42. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.