Jon Stenberg Purchases 12,000 Shares of Citizens (NYSE:CIA) Stock

Citizens, Inc. (NYSE:CIA) CEO Jon Stenberg purchased 12,000 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The shares were acquired at an average cost of $3.65 per share, with a total value of $43,800.00. Following the completion of the purchase, the chief executive officer directly owned 389,574 shares in the company, valued at approximately $1,421,945.10. This represents a 3.18% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Jon Stenberg also recently made the following trade(s):

• On Thursday, May 21st, Jon Stenberg acquired 10,000 shares of Citizens stock. The stock was acquired at an average cost of $4.82 per share, for a total transaction of $48,200.00.

Citizens Trading Up 0.1%

Shares of CIA opened at $3.92 on Friday. Citizens, Inc. has a 12 month low of $3.56 and a 12 month high of $6.54. The firm has a fifty day simple moving average of $5.28 and a 200 day simple moving average of $5.32. The stock has a market capitalization of $197.43 million, a price-to-earnings ratio of 18.69 and a beta of 0.48.

Citizens (NYSE:CIA) last issued its quarterly earnings results on Thursday, August 6th. The insurance provider reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.06). Citizens had a net margin of 4.55% and a return on equity of 4.73%. The business had revenue of $61.90 million during the quarter, compared to analyst estimates of $63.85 million. As a group, research analysts predict that Citizens, Inc. will post 0.12 earnings per share for the current fiscal year.

Key Citizens News

Here are the key news stories impacting Citizens this week:

• Positive Sentiment: CEO Jon Stenberg purchased 12,000 shares at an average price of $3.65, investing $43,800 and increasing his direct ownership by 3.18%. The purchase may signal that management believes Citizens is undervalued. CEO Jon Stenberg share purchase
• Positive Sentiment: Insider Seth Alan Hoxworth acquired 5,376 shares at an average price of $3.83, a total investment of approximately $20,590. The transaction increased his position by 92.4%, providing another indication of insider confidence. Seth Alan Hoxworth SEC filing
• Neutral Sentiment: Institutional ownership is approximately 13.73%. Several investment firms increased their positions recently, including Goldman Sachs, Jane Street and Geode Capital Management, although the filings do not necessarily reflect current trading decisions.
• Negative Sentiment: Sidoti sharply cut its EPS forecasts for Citizens. FY2026 estimates fell to $0.12 from $0.31, while FY2027 estimates declined to $0.21 from $0.35. The reductions suggest analysts expect weaker profitability over the next several years. Sidoti Citizens earnings outlook
• Negative Sentiment: Investors bought about 3,000 CIA put options, roughly 126% above average daily put volume. The activity may reflect increased hedging or bearish speculation, though options flow alone is not conclusive.
• Negative Sentiment: The company’s latest quarterly results were already disappointing: EPS was $0.01 versus a $0.07 consensus estimate, and revenue of $61.9 million missed expectations of $63.85 million. The earnings miss, lowered forecasts and a recent downgrade to a weaker “Hold” assessment are likely weighing more heavily on the stock than the insider purchases.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings downgraded Citizens from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, August 7th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Hedge Funds Weigh In On Citizens

Several hedge funds and other institutional investors have recently made changes to their positions in the company. BNP Paribas Financial Markets raised its position in Citizens by 92.1% during the third quarter. BNP Paribas Financial Markets now owns 10,724 shares of the insurance provider’s stock worth $56,000 after acquiring an additional 5,141 shares in the last quarter. Alliancebernstein L.P. bought a new position in shares of Citizens in the 3rd quarter valued at about $57,000. Bank of America Corp DE increased its stake in shares of Citizens by 3,686.7% during the 2nd quarter. Bank of America Corp DE now owns 14,541 shares of the insurance provider’s stock worth $51,000 after purchasing an additional 14,157 shares during the last quarter. Brandywine Global Investment Management LLC acquired a new position in shares of Citizens during the 4th quarter worth about $84,000. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of Citizens in the 2nd quarter valued at about $63,000. 13.73% of the stock is owned by institutional investors.

Citizens Company Profile

Citizens, Inc (NYSE:CIA) is a bank holding company headquartered in Conway, Arkansas. Through its wholly owned subsidiary, Citizens Bank of Northern Arkansas, the company provides commercial and consumer banking services to individuals, small businesses and corporate clients across Northern and Central Arkansas.

Citizens offers a range of deposit products, including checking accounts, savings accounts and certificates of deposit, alongside lending solutions such as residential mortgages, commercial real estate loans and consumer installment loans.