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CPI Card Group chairman Riley Sanford buys $299,989 in shares

CPI Card Group chairman Riley Sanford buys $299,989 in shares

Chairman of CPI Card Group Inc., Riley H. Sanford, acquired 13,953 shares of the company's common stock on September 14, 2026. This purchase, valued at $299,989, increased Sanford's direct ownership to 277,232 shares of CPI Card Group Inc. common stock. The stock's recent decline of 16.55% over the past week contrasts with a 63% surge over the last six months.

InvestingPro analysis indicates the stock could be undervalued, with a Fair Value of $31.82, implying potential upside from the current price. Sanford's spouse also holds 5,400 shares indirectly. Despite recent earnings that fell short of expectations, CPI Card Group reported strong revenue growth for the second quarter of 2026, exceeding Wall Street estimates.

The company also raised its full-year revenue growth and free cash flow outlook, driven by acquisitions and tariff refunds.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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