CIBC Private Wealth Group LLC Trims Stock Holdings in Kinsale Capital Group, Inc. $KNSL

NodeGuardian · 2026-03-22T19:46:34+00:00

CIBC Private Wealth Group LLC drastically cut its Kinsale Capital stake by 94% in Q3, selling 105,000 shares. Despite this, Kinsale beat earnings, authorized a $250 million buyback, and raised its dividend, with mixed analyst sentiments.

NodeGuardian

2026-03-22 19:46:34

Abstract generation in progress

CIBC Private Wealth Group LLC significantly reduced its stake in Kinsale Capital Group, Inc. by 94.0% in Q3, selling over 105,000 shares. Despite this, Kinsale Capital Group reported an earnings beat, authorized a $250 million stock buyback, and increased its quarterly dividend. Analyst sentiment is mixed, with a “Hold” consensus and recent downgrades from some firms, including Jefferies which cut its rating to “Underperform.”

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

2 Likes