Kinsale Capital Group Inc’s filing revealed that its Director Kronenberg Anne C. unloaded Company’s shares for reported $0.44 million on Jul 30 ’24. In the deal valued at $443.11 per share,1,000 shares were sold. As a result of this transaction, Kronenberg Anne C. now holds 8,039 shares worth roughly $3.49 million.
Then, Anne C. Kronenberg bought 1,000 shares, generating $441,000 in total proceeds.
Before that, Haney Brian D. sold 1,500 shares. Kinsale Capital Group Inc shares valued at $579,055 were divested by the President and COO at a price of $386.04 per share. As a result of the transaction, Haney Brian D. now holds 62,331 shares, worth roughly $27.06 million.
Wolfe Research downgraded its Kinsale Capital Group Inc [KNSL] rating to a Peer perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who began to cover the stock in mid July with a ‘”a Perform”‘ rating. TD Cowen began covering KNSL with “Hold” recommendation on May 20, 2024. RBC Capital Mkts revised its rating on April 29, 2024. It rated KNSL as “a Sector perform” which previously was an “an Outperform”.
Price Performance Review of KNSL
On Friday, Kinsale Capital Group Inc [NYSE:KNSL] saw its stock fall -5.29% to $434.15. Over the last five days, the stock has lost -8.26%. Kinsale Capital Group Inc shares have risen nearly 29.63% since the year began. Nevertheless, the stocks have risen 2.00% over the past one year. While a 52-week high of $548.47 was reached on 03/07/24, a 52-week low of $325.01 was recorded on 01/02/24. SMA at 50 days reached $467.70, while 200 days put it at $438.94.
Levels Of Support And Resistance For KNSL Stock
The 24-hour chart illustrates a support level at 419.00, which if violated will result in even more drops to 403.85. On the upside, there is a resistance level at 447.17. A further resistance level may holdings at 460.19. The Relative Strength Index (RSI) on the 14-day chart is 33.93, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -14.27, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.28%. Stochastics %K at 30.63% indicates the stock is a holding.
How much short interest is there in Kinsale Capital Group Inc?
A steep rise in short interest was recorded in Kinsale Capital Group Inc stocks on 2024-10-15, dropping by 61029.0 shares to a total of 1.2 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 1.26 million shares. There was a decline of -5.09%, which implies that there is a negative sentiment for the stock.
