KNSL COO Haney sells 1,500 shares for $579,054.89; 3 of 5 prior same-ticker sales were well-timed
Brian D. Haney, President and COO of Kinsale Capital Group, executed 4 separate sales totaling 1,500 shares for $579,054.89 on 2024-06-13, reducing his holdings by 2.3% to 62,331 shares. His prior 3 measurable trades at KNSL were all well-timed, with 90-day returns of -29.9%, -29.2%, and -29.8%, suggesting his sell discipline has historically preceded declines; however, his two most recent same-ticker sales on 2024-04-30 showed positive 30-day returns (+5.0% and +4.6%), indicating timing varies. The stock has since fallen 26.0% over the past 90 days and is now trading 30.3% below its 52-week high of $547.98, positioning this sale within a period of broad weakness. Investors should monitor whether this transaction represents a continuation of the insider's pattern of selling ahead of market pressure or reflects interim portfolio adjustments, particularly given the company's strong fundamentals (49.5% annual revenue growth, P/E of 25.30).