Kinsale Capital Group Inc (NASDAQ:KNSL) hit a new 52-week high on Monday . The company traded as high as $21.30 and last traded at $20.75, with a volume of 170,661 shares traded. The stock had previously closed at $19.94.

A number of brokerages recently weighed in on KNSL. JPMorgan Chase & Co. began coverage on Kinsale Capital Group in a research report on Monday. They set an “overweight” rating on the stock. SunTrust Banks Inc. initiated coverage on Kinsale Capital Group in a research report on Monday. They set a “buy” rating and a $24.00 price objective on the stock. RBC Capital Markets initiated coverage on Kinsale Capital Group in a research report on Monday. They issued an “outperform” rating and a $23.00 price target on the stock. Finally, Royal Bank Of Canada initiated coverage on Kinsale Capital Group in a research report on Monday. They issued an “outperform” rating and a $23.00 price target on the stock.

The company has a market cap of $317.63 million and a PE ratio of 14.15. The company’s 50 day moving average price is $0.00 and its 200-day moving average price is $0.00.

In other news, major shareholder Moelis Capital Partners Opport sold 2,590,000 shares of Kinsale Capital Group stock in a transaction that occurred on Tuesday, August 2nd. The stock was sold at an average price of $14.88, for a total value of $38,539,200.00. The sale was disclosed in a document filed with the SEC, which is available through this link.

Kinsale Capital Group, Inc is a specialty insurance company. The Company focuses on the excess and surplus lines (E&S) market in the United States. The Company operates through the Excess and Surplus Lines Insurance segment. The Company markets and sells these insurance products in approximately 50 states and the District of Columbia through a network of independent insurance brokers.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.