CSPI CSP INC /MA/ Insider Trading

Director Anthony Folger purchases 2,500 shares of CSPI at $9.36; cluster of 3 other insider buys within 14 days

Anthony Folger, a Director, purchased 2,500 shares at $9.36 on 2026-05-15, increasing his holdings from 10,000 shares to 12,500 shares (+25.0% vs pre-transaction holdings). The current price of $9.60 is -43.5% from the 52-week high of $16.98, placing the buy near the lower end of recent trading range. Notably, 3 other insiders also bought within the past 14 days, forming a cluster purchase pattern. The company reported $16.0M in latest quarterly revenue and $264.0K net income, though it was unprofitable over its most recent full fiscal year. This multi-insider buying activity within a short window coincides with a period when the stock trades significantly below its 52-week high.

Director Azeri Ismail buys 2,500 shares for $23.5K; cluster of 3 insider purchases in 14 days at CSPI

Director Azeri Ismail purchased 2,500 shares totaling $23,456.54, increasing holdings to 108,490 shares. This transaction is part of a cluster pattern: 2 other insiders bought within the past 14 days, creating a multi-insider buying window. The stock is currently trading at $9.65, down -43.2% from its 52-week high of $16.98, despite a +8.1% gain over the past 30 days. CSPI remains unprofitable on an annual basis despite latest-quarter net income of $264,000.00 and annual revenue growth of +6.4%. The convergence of multiple insider purchases during a period of significant price decline from recent highs is a factual pattern investors should monitor for potential shifts in insider perspectives on valuation.

10% owner Joseph Nerges acquires 4,248 shares across 7 trades; stock trades well below 52-week highs as company moves toward profitability.

Joseph Nerges, a 10% beneficial owner of CSP Inc, made seven open-market purchases totaling 4,248 shares over a three-day window in May. This is his 12th open-market purchase of CSPI shares in the past 36 months, extending a pattern of sustained accumulation at this holding. The stock is currently trading well below its 52-week high, presenting lower entry prices for additional positions. On his five most recent purchases at this ticker, the stock gained at the 90-day mark following four of those trades, though the near-term outlook appears more mixed with one purchase followed by a modest decline within 30 days. The company recently returned to profitability on a quarterly basis after a full-year loss, with revenue modestly growing year-over-year, suggesting an inflection may be underway. The timing of these purchases—into a stock that has declined sharply from its 52-week peak—aligns with Nerges's long-standing pattern as a buyer rather than seller, though the scale relative to his existing multi-million-share position remains modest.

Director Webber's first open-market purchase: 2,500 shares while stock trades well below 52-week high and company shows profitability at quarterly level.

Stephen J. Webber, a director at CSP Inc, made his first open-market purchase of shares, acquiring 2,500 shares that expanded his holdings by a quarter. This purchase is significant because prior Form 4 activity shows Webber has only received stock through compensation arrangements; this marks the first time he deployed personal capital to buy shares. The timing reflects a contrarian move: the stock trades substantially below its 52-week high, yet the company's most recent quarter showed profitability and revenue growth, improving from an annual loss position. The combination of a director's first voluntary share purchase at a depressed price point, paired with improving fundamentals and positive quarterly results, suggests conviction that current valuations do not reflect the company's operational trajectory.