Riley H Sanford buys $157k in CPI Card Group (PMTS) stock

Published 13/08/2025, 22:30
Riley H Sanford buys $157k in CPI Card Group (PMTS) stock

Riley H Sanford, Non-Executive Chairman at CPI Card Group Inc (NASDAQ:PMTS), purchased 10,000 shares of common stock on August 12, 2025, in a transaction valued at $157,500. The price per share was $15.75, with prices ranging from $15.66 to $15.81. According to InvestingPro, this insider purchase comes as the stock has declined nearly 45% over the past six months, with management actively buying back shares. The company maintains strong financials with a current ratio of 2.59, indicating solid liquidity.

Following the transaction, Riley H Sanford directly owns 31,033 shares of CPI Card Group Inc . common stock. Sanford also indirectly owns 9,500 shares through 10031696 Manitoba Ltd. InvestingPro analysis shows the company is currently trading near its Fair Value, with a P/E ratio of 13.7 and strong free cash flow yield. Discover more insights and 10+ additional ProTips with an InvestingPro subscription, including detailed analysis in the comprehensive Pro Research Report.

In other recent news, CPI Card Group reported its second-quarter earnings for 2025, which revealed a significant miss in earnings per share. The company posted an EPS of $0.04, considerably below the expected $0.67, marking a surprise of -94.03%. Revenue also fell short of expectations, coming in at $129.8 million compared to the forecasted $132.98 million. Following these results, DA Davidson lowered its price target for CPI Card Group to $32 from $38, citing tariff concerns but maintained a Buy rating. Similarly, Lake Street Capital Markets reduced its price target to $30 from $35, attributing the adjustment to a larger-than-expected tariff impact on the company’s margins. Despite these challenges, both firms continue to hold a positive outlook on the stock with Buy ratings. These developments underscore the current challenges CPI Card Group is facing with tariffs and earnings performance.

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