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

August 13, 2026 by InsiderTrades.com

Key Points

CEO Jon Stenberg bought 12,000 Citizens shares at an average price of $3.65, investing $43,800 and increasing his direct ownership by 3.18% to 389,574 shares.
Citizens’ latest quarterly results missed expectations, with earnings of $0.01 per share versus the $0.07 consensus and revenue of $61.9 million versus the $63.85 million estimate.
Investor sentiment remains cautious: Weiss Ratings downgraded the stock’s rating, analysts maintain a “Hold” consensus, and Sidoti cut its earnings forecasts for 2026 and 2027.

Citizens, Inc. (NYSE:CIA - Get Free Report) CEO Jon Stenberg bought 12,000 shares of the business's stock in a transaction on Tuesday, August 11th. The stock was bought at an average price of $3.65 per share, for a total transaction of $43,800.00. Following the completion of the purchase, the chief executive officer directly owned 389,574 shares of the company's stock, valued at $1,421,945.10. The trade was a 3.18% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through 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 purchased at an average price of $4.82 per share, with a total value of $48,200.00.

Citizens Stock Up 6.2%

CIA stock opened at $3.95 on Thursday. Citizens, Inc. has a fifty-two week low of $3.56 and a fifty-two week high of $6.54. The firm's 50-day simple moving average is $5.30 and its 200 day simple moving average is $5.33. The stock has a market cap of $198.69 million, a PE ratio of 18.81 and a beta of 0.48.

Citizens (NYSE:CIA - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The insurance provider reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.06). The firm had revenue of $61.90 million during the quarter, compared to the consensus estimate of $63.85 million. Citizens had a net margin of 4.55% and a return on equity of 4.73%. Equities analysts forecast that Citizens, Inc. will post 0.12 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Weiss Ratings downgraded Citizens from a "hold (c+)" rating to a "hold (c)" rating in a research report on Friday, August 7th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Citizens has an average rating of "Hold".

Read Our Latest Research Report on CIA

Institutional Trading of Citizens

Several hedge funds and other institutional investors have recently modified their holdings of CIA. Goldman Sachs Group Inc. raised its position in Citizens by 142.8% during the first quarter. Goldman Sachs Group Inc. now owns 199,809 shares of the insurance provider's stock valued at $909,000 after buying an additional 117,502 shares during the period. Empowered Funds LLC boosted its position in Citizens by 8.2% during the 1st quarter. Empowered Funds LLC now owns 157,169 shares of the insurance provider's stock worth $715,000 after acquiring an additional 11,853 shares during the period. Jane Street Group LLC boosted its position in Citizens by 133.6% during the 1st quarter. Jane Street Group LLC now owns 169,308 shares of the insurance provider's stock worth $770,000 after acquiring an additional 96,836 shares during the period. Geode Capital Management LLC grew its stake in Citizens by 118.0% during the 2nd quarter. Geode Capital Management LLC now owns 1,032,234 shares of the insurance provider's stock valued at $3,603,000 after acquiring an additional 558,840 shares in the last quarter. Finally, New York State Common Retirement Fund purchased a new position in Citizens during the 2nd quarter valued at about $101,000. Institutional investors and hedge funds own 13.73% of the company's stock.

Key Stories Impacting Citizens

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.

Citizens Company Profile

(Get Free Report)

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.