CPI Card Group Insider Buys $142k Worth of Shares Amidst Recent Transactions

Hugh Riley, Independent Chair of CPI Card Group, recently purchased US$142k worth of shares, paying US$14.20 per share. This is a significant purchase that grew his holding by 24%. Riley also made a larger purchase of US$323k worth of shares earlier this year. Despite the recent purchase being at a higher price than the current share price, insiders appear confident in the company's future. However, insider ownership is relatively low at 2.9%.