CPI Card Group (PMTS) News Today

CPI Card Group Inc. (NASDAQ:PMTS - Get Free Report) major shareholder Equity Ulc Parallel49 sold 120,534 shares of CPI Card Group stock in a transaction dated Friday, July 5th. The stock was sold at an average price of $18.23, for a total value of $2,197,334.82. Following the transaction, the insider now owns 6,193,977 shares in the company, valued at $112,916,200.71. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own at least 10% of a company's stock are required to disclose their transactions with the SEC.

CPI Card Group Inc. (NASDAQ:PMTS - Get Free Report) was the target of a large decline in short interest in May. As of May 31st, there was short interest totalling 90,100 shares, a decline of 39.4% from the May 15th total of 148,600 shares. Currently, 2.1% of the company's stock are sold short. Based on an average daily trading volume, of 31,400 shares, the short-interest ratio is presently 2.9 days.

CPI Card Group Inc. (NASDAQ:PMTS - Free Report) - Investment analysts at Roth Capital raised their Q2 2024 earnings per share estimates for shares of CPI Card Group in a research note issued to investors on Tuesday, June 11th. Roth Capital analyst C. Irwin now forecasts that the company will post

StockNews.com upgraded CPI Card Group from a "buy" rating to a "strong-buy" rating in a research report on Monday.

StockNews.com cut CPI Card Group from a "strong-buy" rating to a "buy" rating in a research report on Tuesday.

CPI Card Group Inc. (NASDAQ:PMTS - Free Report) - Analysts at B. Riley dropped their Q3 2024 earnings per share estimates for shares of CPI Card Group in a research note issued to investors on Tuesday, May 7th. B. Riley analyst H. Goetsch now anticipates that the company will post earnings of $0.

CPI Card Group Inc. (NASDAQ:PMTS - Free Report) - Equities researchers at Roth Capital raised their FY2024 earnings per share estimates for shares of CPI Card Group in a research note issued on Wednesday, May 8th. Roth Capital analyst C. Irwin now forecasts that the company will post earnings of

CPI Card Group (NASDAQ:PMTS) will be releasing earnings before the market opens on Tuesday, May 7, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=590423)

CPI Card Group (NASDAQ:PMTS - Get Free Report) announced its quarterly earnings results on Thursday. The company reported $0.32 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.30 by $0.02. The business had revenue of $102.87 million during the quarter, compared to the consensus estimate of $104.70 million. CPI Card Group had a net margin of 7.21% and a negative return on equity of 49.51%. During the same quarter last year, the firm earned $1.06 EPS.

Steamboat Capital Partners LLC lowered its holdings in CPI Card Group Inc. (NASDAQ:PMTS - Free Report) by 16.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 427,616 shares of the company's stock after sell

Roth Mkm assumed coverage on CPI Card Group in a research note on Friday. They set a "buy" rating and a $40.00 target price for the company.

CPI Card Group Inc. (NASDAQ:PMTS - Get Free Report) was the target of a large decrease in short interest in January. As of January 31st, there was short interest totalling 110,000 shares, a decrease of 19.4% from the January 15th total of 136,500 shares. Approximately 2.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 23,500 shares, the short-interest ratio is presently 4.7 days.