Cigna earnings beat by $0.04, revenue topped estimates
Jon Stenberg, the President and CEO of Citizens, Inc. (NYSE:CIA), a $186 million market cap insurance company, recently acquired a significant amount of the company's Class A Common Stock, according to a filing with the Securities and Exchange Commission. According to InvestingPro data, the stock appears undervalued despite showing profitability with a P/E ratio of 12.4. On April 7, Stenberg purchased a total of 106,340 shares, with prices ranging from $3.65 to $4.03 per share. The total value of these transactions amounted to $413,250. Following these acquisitions, Stenberg's indirect ownership, attributed to his spouse, increased to 124,363 shares. Additionally, his direct ownership stands at 139,016 shares. These transactions reflect the CEO's continued investment in the company, which comes after the stock's impressive 82% return over the past year. InvestingPro subscribers can access 6 additional key insights about Citizens, Inc., including detailed analysis of its financial health and growth prospects.
In other recent news, Citizens Inc . has appointed Paula Guerrero as its new Chief Information Officer. Guerrero, who previously served as Vice President of Information Technology, will now report directly to Jon Stenberg, the company's President and CEO. This leadership change is part of the company's strategy to enhance its technological infrastructure and align with its growth objectives. Meanwhile, Champion Iron Limited reported its Q3 2025 earnings, highlighting a revenue of CAD 363 million and an EBITDA of CAD 88 million. The company is investing significantly in the Deep Root Pellet Feed project, with a commitment of CAD 471 million. Champion Iron also anticipates improved logistics and increased earning power in 2026, as outlined by its CEO, David Catterford. Additionally, the company experienced a CAD 21 million negative impact this quarter due to exchange rate fluctuations. These developments reflect the companies' ongoing efforts to navigate challenges and pursue strategic growth.
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