Citizens (NYSE:CIA) Insider Seth Alan Hoxworth Buys 5,376 Shares

Citizens, Inc. (NYSE:CIA) insider Seth Alan Hoxworth purchased 5,376 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The shares were bought at an average price of $3.83 per share, for a total transaction of $20,590.08. Following the completion of the transaction, the insider owned 11,194 shares of the company’s stock, valued at approximately $42,873.02. This trade represents a 92.40% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.

Citizens Trading Up 0.1%

Shares of Citizens stock opened at $3.92 on Friday. The company’s 50-day moving average price is $5.28 and its 200-day moving average price is $5.32. Citizens, Inc. has a 12-month low of $3.56 and a 12-month high of $6.54. The company has a market cap 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 data on Thursday, August 6th. The insurance provider reported $0.01 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.06). The firm had revenue of $61.90 million for the quarter, compared to analysts’ expectations of $63.85 million. Citizens had a net margin of 4.55% and a return on equity of 4.73%. On average, sell-side analysts predict that Citizens, Inc. will post 0.12 earnings per share for the current year.

Key Headlines Impacting Citizens

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.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. increased its position in shares of Citizens by 4.6% in the third quarter. JPMorgan Chase & Co. now owns 42,753 shares of the insurance provider’s stock worth $224,000 after purchasing an additional 1,866 shares during the last quarter. Nuveen LLC raised its stake in Citizens by 4.3% in the fourth quarter. Nuveen LLC now owns 61,184 shares of the insurance provider’s stock valued at $296,000 after purchasing an additional 2,521 shares in the last quarter. Deutsche Bank AG lifted its position in Citizens by 7.1% during the fourth quarter. Deutsche Bank AG now owns 40,968 shares of the insurance provider’s stock valued at $198,000 after purchasing an additional 2,715 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position in Citizens by 6.7% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 70,353 shares of the insurance provider’s stock valued at $340,000 after purchasing an additional 4,420 shares during the last quarter. Finally, Bank of America Corp DE grew its stake in Citizens by 31.5% in the 3rd quarter. Bank of America Corp DE now owns 19,123 shares of the insurance provider’s stock worth $100,000 after buying an additional 4,582 shares in the last quarter. Hedge funds and other institutional investors own 13.73% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut shares of Citizens from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, August 7th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold”.

About Citizens

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.