Kinsale Capital Group Inc’s recent filing unveils that its President and COO Haney Brian D. unloaded Company’s shares for reported $1.39 million on Apr 30 ’24. In the deal valued at $367.74 per share,3,778 shares were sold. As a result of this transaction, Haney Brian D. now holds 95,850 shares worth roughly $37.98 million.
Then, Haney Brian D. sold 1,500 shares, generating $817,249 in total proceeds. Upon selling the shares at $544.83, the President and COO now owns 63,831 shares.
Before that, Russell Frederick L. Jr. sold 2,000 shares. Kinsale Capital Group Inc shares valued at $1,048,180 were divested by the Director at a price of $524.09 per share. As a result of the transaction, Russell Frederick L. Jr. now holds 887 shares, worth roughly $0.35 million.
RBC Capital Mkts downgraded its Kinsale Capital Group Inc [KNSL] rating to a Sector perform from a an Outperform in a research note published on April 29, 2024; the price target was decreased to $425 from $555. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who decreased its forecast for the stock in late February from “an Outperform” to “a Market perform”. Wolfe Research began covering KNSL with “an Outperform” recommendation on September 22, 2023. BMO Capital Markets revised its rating on June 02, 2023. It rated KNSL as “an Outperform” which previously was an “an Underperform”.
Price Performance Review of KNSL
On Tuesday, Kinsale Capital Group Inc [NYSE:KNSL] saw its stock jump 0.59% to $396.29. Over the last five days, the stock has gained 9.10%. Kinsale Capital Group Inc shares have risen nearly 18.33% since the year began. Nevertheless, the stocks have risen 20.66% over the past one year. While a 52-week high of $548.47 was reached on 03/07/24, a 52-week low of $297.33 was recorded on 01/02/24. SMA at 50 days reached $473.56, while 200 days put it at $409.34. A total of 0.29 million shares were traded, compared to the trading of 0.23 million shares in the previous session.
Levels Of Support And Resistance For KNSL Stock
The 24-hour chart illustrates a support level at 392.46, which if violated will result in even more drops to 388.63. On the upside, there is a resistance level at 401.25. A further resistance level may holdings at 406.21. The Relative Strength Index (RSI) on the 14-day chart is 38.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -20.78, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.53%. Stochastics %K at 28.20% indicates the stock is a holding.
