CPI Card Group Inc. [PMTS] recently announced that Director, Other Riley H. Sanford has acquired 10,000 shares at a price of $15.75 per share on August 12, 2025.
CPI Card Group Inc. [PMTS] recently reported mixed earnings for its fiscal 2025 Q2, with revenue rising 9.2% to $129.75 million, but net income falling sharply by 91.4% to $518,000. Despite these challenges, Director, Other Riley H. Sanford acquired 10,000 shares at a price of $15.75 per share on August 12, 2025.
The company's revenue growth was driven by strong sales in the Secure Card business, Card@Once digital solution, and open-loop prepaid segments. However, earnings were significantly impacted by increased tariffs and transition costs, particularly from the Indiana facility, which resulted in a 90.7% drop in EPS to $0.05. CEO John Lowe acknowledged these challenges but highlighted the company's strategic priorities, including market diversification and expansion into new verticals like government disbursement and healthcare.
Following the earnings report, the stock experienced mixed performance. On the latest trading day, the stock price climbed by 4.58%, but over the most recent full trading week, it plummeted by 29.31%. On a month-to-date basis, the stock was down 41.91%, indicating investor skepticism and volatility.
Roth Capital has recently lowered its earnings estimates for CPI Card Group, projecting earnings of $0.61 per share for Q3 2025, down from a previous estimate of $0.68. Several other research firms have also issued reports on PMTS, with some raising their ratings to "buy."
Despite the mixed earnings and stock performance, Director, Other Riley H. Sanford's acquisition of 10,000 shares at $15.75 per share suggests confidence in the company's long-term growth prospects. The acquisition comes amidst strategic initiatives such as the Arroweye acquisition and digital innovation, which are expected to drive future growth.
References:
[1] https://www.ainvest.com/news/cpi-card-group-2025-q2-earnings-net-income-drops-91-4-revenue-growth-2508/
[2] https://www.ainvest.com/news/cpi-card-group-q2-revenue-9-earnings-sharply-2508/
[3] https://www.marketbeat.com/instant-alerts/roth-capital-lowers-earnings-estimates-for-cpi-card-group-2025-08-12/
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