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

Citizens, Inc. (NYSE:CIA) CEO Jon Stenberg bought 12,000 shares of the company’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 completion of the acquisition, the chief executive officer owned 389,574 shares in the company, valued at $1,421,945.10. This represents a 3.18% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

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

Citizens Trading Up 6.2%

Shares of CIA stock opened at $3.95 on Thursday. The company’s 50-day moving average price is $5.30 and its 200-day moving average price is $5.33. The stock has a market cap of $198.69 million, a price-to-earnings ratio of 18.81 and a beta of 0.48. Citizens, Inc. has a twelve month low of $3.56 and a twelve month high of $6.54.

Citizens (NYSE:CIA) last released its quarterly earnings data 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 return on equity of 4.73% and a net margin of 4.55%.The firm had revenue of $61.90 million for the quarter, compared to analyst estimates of $63.85 million. As a group, equities research analysts predict that Citizens, Inc. will post 0.12 EPS for the current year.

Analyst Ratings Changes

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

Key Citizens News

Here are the key news stories impacting Citizens this week:

• Positive Sentiment: CEO Jon Stenberg purchased 12,000 Citizens shares at an average price of $3.65, investing $43,800 and increasing his ownership by 3.18%. The purchase may signal management’s confidence that the stock is undervalued. CEO Jon Stenberg insider transaction
• Neutral Sentiment: Trading volume was elevated relative to Citizens’ typical activity, indicating increased investor attention. However, the available information does not establish whether the broader buying interest reflects a lasting change in sentiment.
• Negative Sentiment: Investors purchased approximately 3,000 put options on Citizens, about 126% above the usual daily volume. The activity may indicate increased hedging or bearish speculation, though options flow alone is not conclusive.
• Negative Sentiment: Sidoti sharply reduced its Citizens EPS forecasts: FY2026 estimates fell to $0.12 from $0.31, and FY2027 estimates declined to $0.21 from $0.35. The firm also lowered several quarterly forecasts, including Q3 2026 to $0.03 from $0.08 and Q4 2026 to $0.05 from $0.11, suggesting weaker expected near-term profitability.
• Negative Sentiment: Sidoti’s FY2028 estimate of $0.28 per share is below the current full-year consensus estimate of $0.31, reinforcing concerns about Citizens’ earnings outlook. Those concerns follow the company’s latest quarterly report, in which earnings and revenue fell short of analyst expectations.

Institutional Trading of Citizens

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE grew its holdings in shares of 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 worth $51,000 after buying an additional 14,157 shares in the last quarter. BNP Paribas Financial Markets boosted 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 during the last quarter. Alliancebernstein L.P. acquired a new stake in Citizens during the third quarter worth approximately $57,000. The Manufacturers Life Insurance Company purchased a new stake in Citizens in the 2nd quarter worth approximately $63,000. Finally, Brandywine Global Investment Management LLC acquired a new stake in shares of Citizens in the fourth quarter valued at about $84,000. Hedge funds and other institutional investors own 13.73% of the company’s stock.

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.