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KNSL climbs after strong Q2 profit, underwriting results, and a larger buyback

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Kinsale Capital Group (KNSL) is up 5.1% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is a strong second-quarter report that showed higher earnings, solid underwriting profitability, and rising investment income, along with a bigger share repurchase authorization. Investors also appeared encouraged that profitability stayed strong even as commercial property pricing remained competitive.

Details:

  • Second-quarter diluted operating earnings per share rose to $5.54 from $4.78 a year earlier, while underwriting income increased to $105.4 million.
  • The combined ratio was 75.5%, an improvement from 75.8% a year ago, reflecting continued disciplined underwriting and favorable reserve development.
  • Net earned premiums increased 8.9% to $417.6 million and net investment income rose 19.9% to $55.7 million, supporting overall profit growth.
  • The board approved an additional $250 million share repurchase authorization in July, lifting remaining buyback capacity to $337.5 million after $100 million of stock was repurchased in the second quarter.
  • Sources:

    Kinsale Capital Group Investor Relations, Business Wire, Zacks

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

    $KNSL Insider Trading Activity

    KNSL Insider Trades

    $KNSL insiders have traded $KNSL stock on the open market 11 times in the past 6 months. Of those trades, 1 have been purchases and 10 have been sales.

    Here’s a breakdown of recent trading of $KNSL stock by insiders over the last 6 months:

    • MICHAEL P KEHOE (Chairman President and CEO) has made 0 purchases and 6 sales selling 22,576 shares for an estimated $6,832,838.
    • FREDERICK L. JR. RUSSELL has made 0 purchases and 2 sales selling 4,801 shares for an estimated $1,817,710.
    • CHRISTOPHER R. TANGARD (SVP, Chief Accounting Officer) purchased 330 shares for an estimated $100,320
    • SALMAAN K. ALLIBHAI (Chief Analytics & Tech Officer) sold 250 shares for an estimated $77,792
    • ROBERT V. III HATCHER sold 150 shares for an estimated $56,952

    To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

    $KNSL Hedge Fund Activity

    We have seen 245 institutional investors add shares of $KNSL stock to their portfolio, and 278 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

    $KNSL Price Targets

    Multiple analysts have issued price targets for $KNSL recently. We have seen 7 analysts offer price targets for $KNSL in the last 6 months, with a median target of $366.0.

    Here are some recent targets:

    • Hristian Getsov from Wells Fargo set a target price of $366.0 on 07/09/2026
    • Bob Huang from Morgan Stanley set a target price of $330.0 on 05/21/2026
    • Mark Hughes from Truist Securities set a target price of $405.0 on 04/27/2026
    • Rowland Mayor from RBC Capital set a target price of $375.0 on 04/27/2026
    • Ryan Tunis from Cantor Fitzgerald set a target price of $280.0 on 04/09/2026
    • Andrew Andersen from Jefferies set a target price of $312.0 on 03/19/2026
    • Pablo Singzon from JP Morgan set a target price of $410.0 on 02/23/2026

    This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.

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