Thomas Newgarden, Director at KINGSTONE COMPANIES, INC. (KINS), bought 30,502 shares at $14.52 ($440K) on 2026-05-12, disclosed to the SEC on 2026-05-13.
Director Thomas Newgarden purchased 15,301 shares for $222,170, marking the largest insider purchase in the company's history, signaling strong conviction in the stock's value. This rare reversal comes as the stock has dropped 19% over the past year despite recent record profitability.
The stock is trading at $14.24, down 13.22% over the last five days and 19% over the past year, currently sitting 26.67% below its 52-week high of $19.42.
1) Q2 2026 earnings on August 7, 2026, showed record net income and a 50.8% annualized ROE; 2) The company reported earnings and revenue surprises of +9.47% and -0.82% respectively on August 6, 2026; 3) The stock was upgraded to a Zacks Rank #2 (Buy) on July 6, 2026.
The stock faces sector headwinds as American Coastal Insurance (ACIC) reported earnings and revenue misses of -21.43% and -0.79% on August 5, 2026, highlighting competitive pressures in the region.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $14.52 | 15,301 | $222K | 50.4% |
| 2 | $14.36 | 15,201 | $218K | 49.6% |
| Total | $14.44 avg | 30,502 | $440K | 100% |
| Filing → |
| KINS | BUY | 2025-05-22 | $177K | — | Filing → |
| KINS | BUY | 2024-11-21 | $256K | — | Filing → |
| NGHC | SELL | 2018-03-05 | $247K | — | Filing → |