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Mike Newbanks Biography and Net Worth

CAO of CSP

Having a strong financial foundation is the key to any thriving organization. As the Vice President of Finance and Chief Accounting Officer (CAO), Mike’s management of day-to-day operations are an integral part of the success and profitability of CSPi. His responsibilities include leading the controllership organization with a focus on fiscal reporting and controls, and accounting. Prior to his appointment as VP of Finance and CAO, Newbanks served as the controller for the US division of Technology Solutions. Prior to that, he served in various accounting roles at MODCOMP, Inc., Technisource, ANC Rental Corporation, Alamo Rental Car, and Eastern Airlines.

How do I contact Mike Newbanks?: The corporate mailing address for Mr. Newbanks and other CSP executives is 175 Cabot Street - Suite 210, Lowell MA, 01854. CSP can also be reached via phone at (978) 954-5038 and via email at [email protected]. Learn More on Mike Newbanks' contact information.
Has Mike Newbanks been buying or selling shares of CSP?: Mike Newbanks has not been actively trading shares of CSP over the course of the past ninety days. Most recently, Mike Newbanks sold 3,000 shares of the business's stock in a transaction on Tuesday, May 18th. The shares were sold at an average price of $5.44, for a transaction totalling $16,320.00. Learn More on Mike Newbanks' trading history.
Who are CSP's active insiders?: CSP's insider roster includes C. James (Director), Gary Levine (CFO), Joseph Nerges (Major Shareholder), and Mike Newbanks (CAO). Learn More on CSP's active insiders.
Are insiders buying or selling shares of CSP?: During the last twelve months, CSP insiders bought shares 21 times. They purchased a total of 66,488 shares worth more than $497,934.95. The most recent insider tranaction occured on March, 14th when insider Joseph R Nerges bought 400 shares worth more than $8,100.00. Insiders at CSP own 15.3% of the company. Learn More about insider trades at CSP.
Information on this page was last updated on 3/14/2024.

Mike Newbanks Insider Trading History at CSP

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
5/18/2021	Sell	3,000	$5.44	$16,320.00

Mike Newbanks Buying and Selling Activity at CSP

CSP Company Overview

CSP Inc. develops and markets IT integration solutions, security products, managed IT services, cloud services, purpose-built network adapters, and cluster computer systems for commercial and defense customers worldwide. It operates in two segments, Technology Solutions and High Performance Products. The Technology Solutions segment provides third-party computer hardware and software as a value-added reseller to various customers in web and infrastructure hosting, education, telecommunications, healthcare services, distribution, financial and professional services, and manufacturing industries. This segment also offers professional IT consulting services, such as planning, designing, assessment, implementation, migration, optimization, and project management; storage and virtualization solutions; enterprise security intrusion prevention, network access control, and unified threat management services; and IT security compliance services. In addition, this segment provides unified communications, wireless, and routing and switching solutions; custom software applications and solutions development and support services; optimization, maintenance, and technical support services; and managed IT services, such as monitoring, reporting, and management of alerts for the resolution and preventive general IT, as well as IT security support tasks. Further, this segment offers managed and cloud services, such as proactive monitoring and remote management of IT infrastructure, managed and hosted unified communication services, security, and backup and replication. The High Performance Products segment offers ARIA Software-Defined Security, a cybersecurity solution; ARIA Zero Trust PROTECT that stopping the attacks that are used to attack critical infrastructure applications; Myricom network adapters; and multicomputer products for digital signal processing applications in the defense markets. CSP Inc. was incorporated in 1968 and is headquartered in Lowell, Massachusetts.

Today's Range

Now: $14.62

$13.95

$15.21

50 Day Range

MA: $19.29

$12.22

$27.95

2 Week Range

Now: $14.62

$4.91

$29.92

Volume

110,833 shs

Average Volume

160,797 shs

Market Capitalization

$141.96 million

P/E Ratio

33.61

Dividend Yield

0.61%

Beta

1.24

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