CPI Card Group Inc. (NASDAQ:PMTS) (TSE:PNT) VP Jason Bohrer acquired 28,571 shares of the company’s stock in a transaction dated Monday, August 7th. The stock was bought at an average cost of $1.38 per share, for a total transaction of $39,427.98. Following the completion of the transaction, the vice president now directly owns 28,571 shares of the company’s stock, valued at $39,427.98. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of CPI Card Group Inc. (PMTS) traded up 4.17% during trading on Friday, hitting $1.25. 537,289 shares of the stock traded hands. CPI Card Group Inc. has a 1-year low of $1.00 and a 1-year high of $6.41. The stock has a 50 day moving average price of $2.55 and a 200-day moving average price of $3.37. The stock’s market cap is $69.52 million.

CPI Card Group (NASDAQ:PMTS) (TSE:PNT) last released its earnings results on Wednesday, August 2nd. The credit services provider reported ($0.02) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.01) by $0.01. The business had revenue of $65.85 million for the quarter, compared to the consensus estimate of $69.16 million. CPI Card Group had a negative return on equity of 1.51% and a negative net margin of 2.46%. The company’s revenue for the quarter was down 10.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.05 earnings per share. Equities analysts forecast that CPI Card Group Inc. will post ($0.01) EPS for the current year.

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A number of large investors have recently made changes to their positions in PMTS. Dimensional Fund Advisors LP boosted its stake in shares of CPI Card Group by 181.0% in the second quarter. Dimensional Fund Advisors LP now owns 61,110 shares of the credit services provider’s stock worth $174,000 after buying an additional 39,359 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of CPI Card Group by 1.3% in the second quarter. Ameriprise Financial Inc. now owns 3,914,201 shares of the credit services provider’s stock worth $11,155,000 after buying an additional 48,610 shares in the last quarter. Teachers Advisors LLC boosted its stake in shares of CPI Card Group by 21.3% in the second quarter. Teachers Advisors LLC now owns 43,683 shares of the credit services provider’s stock worth $124,000 after buying an additional 7,658 shares in the last quarter. CIBC World Markets Inc. boosted its stake in shares of CPI Card Group by 28.9% in the second quarter. CIBC World Markets Inc. now owns 135,875 shares of the credit services provider’s stock worth $387,000 after buying an additional 30,450 shares in the last quarter. Finally, American Century Companies Inc. purchased a new stake in shares of CPI Card Group during the second quarter worth about $109,000. Institutional investors and hedge funds own 22.16% of the company’s stock.

Several equities analysts have recently weighed in on PMTS shares. Barrington Research lowered shares of CPI Card Group from a “market perform” rating to an “underperform” rating in a research report on Wednesday. Citigroup Inc. lowered shares of CPI Card Group from an “outperform” rating to a “market perform” rating in a research report on Thursday, May 4th. Zacks Investment Research lowered shares of CPI Card Group from a “hold” rating to a “sell” rating in a research report on Wednesday, July 19th. ValuEngine lowered shares of CPI Card Group from a “hold” rating to a “sell” rating in a research report on Thursday. Finally, Raymond James Financial, Inc. lowered shares of CPI Card Group from an “outperform” rating to a “market perform” rating in a research report on Thursday, May 4th. Four research analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. CPI Card Group currently has an average rating of “Hold” and an average price target of $4.90.

CPI Card Group Company Profile

CPI Card Group Inc, formerly CPI Holdings I, Inc, provides Financial Payment Card solutions in North America. The Company is engaged in the design, production, data personalization, packaging and fulfillment of Financial Payment Cards, which it defines as credit cards, debit cards and prepaid debit cards issued on the networks of the Payment Card Brands in the United States, Europe and Canada.

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