Director Anne Kronenberg has executed a sale of 600 shares of Kinsale Capital Group Inc (KNSL, Financial) on February 27, 2024, according to a recent SEC filing. The transaction was carried out at an average price of $511.14 per share, resulting in a total value of $306,684.
Kinsale Capital Group Inc is a specialty insurance group focused on the excess and surplus lines market in the United States. The company provides a broad range of property, casualty, and specialty insurance products to its clients.
Over the past year, the insider has sold a total of 1,530 shares of Kinsale Capital Group Inc and has not made any purchases of the stock. The insider transaction history for the company indicates a pattern of 19 insider sells and no insider buys over the same timeframe.
The market capitalization of Kinsale Capital Group Inc stands at $11.898 billion as of the date of the insider's recent sale. The stock's price-earnings ratio is 38.84, which is above both the industry median of 12.19 and the company's historical median price-earnings ratio.
Considering the stock's price of $511.14 and the GuruFocus Value of $445.26, Kinsale Capital Group Inc has a price-to-GF-Value ratio of 1.15, indicating that the stock is modestly overvalued according to the GF Value metric. The GF Value is determined by historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
