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

Key Points

• CEO Jon Stenberg bought 12,000 Citizens shares at an average price of $3.65, investing $43,800 and increasing his ownership by 3.18% to 389,574 shares.
• Citizens shares recently traded at $3.91, near their one-year low, while the company’s latest quarterly results missed expectations: EPS was $0.01 versus $0.07 forecast, and revenue was $61.9 million versus $63.85 million expected.
• Analyst sentiment and earnings expectations weakened: Sidoti cut its 2026 and 2027 EPS forecasts substantially, while elevated put-option activity suggested increased hedging or bearish sentiment. Weiss Ratings maintained a Hold-equivalent view.

Citizens, Inc. (NYSE:CIA - Get Free Report) CEO Jon Stenberg bought 12,000 shares of the business's stock in a transaction on Tuesday, August 11th. The stock was bought at an average price of $3.65 per share, with a total value of $43,800.00. Following the purchase, the chief executive officer owned 389,574 shares in the company, valued at $1,421,945.10. This trade represents a 3.18% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Thursday, May 21st, Jon Stenberg bought 10,000 shares of Citizens stock. The shares were bought at an average cost of $4.82 per share, with a total value of $48,200.00.

Citizens Price Performance

Shares of CIA traded up $0.19 during midday trading on Wednesday, hitting $3.91. 125,682 shares of the company traded hands, compared to its average volume of 113,373. The stock has a 50-day moving average of $5.32 and a 200-day moving average of $5.34. Citizens, Inc. has a one year low of $3.56 and a one year high of $6.54. The firm has a market cap of $196.67 million, a P/E ratio of 18.62 and a beta of 0.48.

Citizens (NYSE:CIA - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The insurance provider reported $0.01 EPS for the quarter, missing analysts' consensus estimates of $0.07 by ($0.06). The firm had revenue of $61.90 million during the quarter, compared to the consensus estimate of $63.85 million. Citizens had a net margin of 4.55% and a return on equity of 4.73%. Sell-side analysts forecast that Citizens, Inc. will post 0.31 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Bank of America Corp DE lifted its position in Citizens by 3,686.7% during the second quarter. Bank of America Corp DE now owns 14,541 shares of the insurance provider's stock valued at $51,000 after purchasing an additional 14,157 shares during the last quarter. BNP Paribas Financial Markets raised its position in shares of Citizens by 92.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 10,724 shares of the insurance provider's stock valued at $56,000 after buying an additional 5,141 shares in the last quarter. Alliancebernstein L.P. bought a new stake in shares of Citizens during the 3rd quarter worth $57,000. The Manufacturers Life Insurance Company bought a new stake in shares of Citizens during the 2nd quarter worth $63,000. Finally, Brandywine Global Investment Management LLC purchased a new position in Citizens in the fourth quarter worth $84,000. 13.73% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered shares of Citizens from a "hold (c+)" rating to a "hold (c)" rating in a research report on Friday. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Citizens has an average rating of "Hold".

Key Headlines Impacting Citizens

Here are the key news stories impacting Citizens this week:

• Neutral Sentiment: Sidoti initiated a FY2028 EPS forecast of $0.28 and projected quarterly earnings ranging from $0.03 to $0.06 in the first half of the year, followed by $0.09 in the fourth quarter. The estimate is slightly below the current full-year consensus of $0.31. Citizens analyst estimates
• Negative Sentiment: Sidoti substantially reduced its earnings forecasts for Citizens, cutting FY2026 EPS to $0.12 from $0.31 and FY2027 EPS to $0.21 from $0.35. The analyst also lowered estimates for Q3 and Q4 2026 and each quarter from Q1 through Q4 2027, signaling weaker expected profitability than previously anticipated. Sidoti earnings estimate revisions
• Negative Sentiment: Investors purchased 3,000 put options on Citizens, versus typical daily volume of about 1,328 contracts—an approximately 126% increase. Elevated put activity can indicate increased hedging or bearish expectations, although it does not confirm that the stock will decline.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source