Insider Buying: Citizens (NYSE:CIA) CEO Buys $43,800.00 in Stock

Citizens, Inc. (NYSE:CIA) CEO Jon Stenberg acquired 12,000 shares of the business’s stock in a transaction dated Tuesday, August 11th. The stock was purchased 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 directly owned 389,574 shares in the company, valued at approximately $1,421,945.10. This represents a 3.18% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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

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

Citizens Stock Performance

CIA traded up $0.19 during midday trading on Wednesday, hitting $3.91. The stock had a trading volume of 125,682 shares, compared to its average volume of 113,373. Citizens, Inc. has a 1 year low of $3.56 and a 1 year high of $6.54. The business has a fifty day moving average of $5.32 and a 200 day moving average of $5.34. The company has a market cap of $196.67 million, a P/E ratio of 18.62 and a beta of 0.48.

Citizens (NYSE:CIA) last announced its quarterly earnings data on Thursday, August 6th. The insurance provider reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.06). Citizens had a return on equity of 4.73% and a net margin of 4.55%.The business had revenue of $61.90 million during the quarter, compared to the consensus estimate of $63.85 million. On average, equities research analysts anticipate that Citizens, Inc. will post 0.31 earnings per share for the current year.

Trending Headlines about 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.

Wall Street Analysts Forecast Growth

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

Hedge Funds Weigh In On Citizens

Hedge funds have recently modified their holdings of the company. Bank of America Corp DE raised its stake 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 valued at $51,000 after acquiring an additional 14,157 shares during the last quarter. BNP Paribas Financial Markets raised its position in 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 purchasing an additional 5,141 shares during the last quarter. Alliancebernstein L.P. purchased a new stake in Citizens in the 3rd quarter worth approximately $57,000. The Manufacturers Life Insurance Company bought a new stake in shares of Citizens in the 2nd quarter worth approximately $63,000. Finally, Brandywine Global Investment Management LLC purchased a new position in shares of Citizens during the fourth quarter valued at approximately $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.