Nerges buys CSP Inc (CSPI) shares worth $24,655

Published 16/09/2025, 17:56
Nerges buys CSP Inc (CSPI) shares worth $24,655

Joseph R. Nerges, a ten percent owner of CSP Inc (NASDAQ:CSPI), has recently purchased 2,200 shares of the company’s common stock. The transactions, which occurred on September 15, 2025, involved two separate purchases at prices ranging from $11.205 to $11.2088 per share, for a total value of $24,655. According to InvestingPro data, this insider purchase comes as the stock has declined nearly 30% over the past six months, though the company maintains strong liquidity with a current ratio of 3.22.

Following these transactions, Nerges directly owns 1,395,063 shares of CSP Inc, representing a significant stake in the $112.62M market cap company. InvestingPro analysis indicates the stock is currently trading above its Fair Value, while offering a dividend yield of 1.06%. Subscribers can access 6 additional ProTips and a comprehensive Pro Research Report for deeper insights into CSPI’s financial health and growth prospects.

In other recent news, CSP Inc. reported an 18% increase in revenue for the third quarter of 2025. This growth was primarily driven by strong performance in its product segment. Despite the positive financial results, the company’s future guidance has presented mixed signals, which may have influenced market reactions. The broader market conditions also seem to have played a role in shaping investor sentiment. While the company’s stock price saw a decline, it’s important to note that the financial performance itself was robust. Analysts have not publicly commented on any changes in stock ratings following these results. CSP Inc.’s recent developments highlight the complexities of navigating market expectations alongside solid revenue growth.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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