CSPI CSP INC /MA/ Insider Trading

10% owner Joseph R Nerges bought 3,370 shares at blended avg $8.57 over 3 days; current price $8.58.

Joseph R Nerges, a 10% owner, executed 7 separate purchases totaling 3,370 shares for $28,877.70 at an average price of $8.57 across June 8–10, 2026. The current price of $8.58 sits near the transaction blended average, yet the stock is -42.8% from its 52-week high and down -5.3% over 30 days. His prior 5 purchases at this ticker (May 11–13, 2026) all posted negative 90-day returns ranging from -10.3% to -11.7%, with a timing pattern of 0 of 5 prior buys well-timed. His cross-ticker track record shows an average 90-day return of -1.2% across 20 prior buys with a 35.00% win rate, indicating a pattern of purchases that have not delivered subsequent gains. The company reported net income of $264,000.00 on quarterly revenue of $16,012,000.00 but was unprofitable over its most recent full fiscal year, raising questions about operational sustainability.

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.

10% owner NERGES JOSEPH R acquired 2,207 shares across 6 transactions (Mar 11-13) at blended $8.51; stock down -49.9% from 52-week high.

NERGES JOSEPH R, a 10% owner, executed 6 separate purchases totaling 2,207 shares for $18,774.15 over three trading days (March 11-13, 2026) at prices ranging from $8.45 to $8.59, with a blended average of $8.51. This modest acquisition increases his holdings from 1,409,075 to 1,411,282 shares (+0.2% net change). The context is notable: CSPI trades at $8.93 currently, down -49.9% from its 52-week high of $17.84 and -11.1% over the past 30 days. The company's fundamentals show $12.0M quarterly revenue with $91.0K net income, but full-year results were unprofitable. His prior SAME-TICKER transactions (5 buys on 2026-02-25) remain unmeasurable on 30d/90d outcomes. With 20 prior open-market buys across his cross-ticker track record, this incremental accumulation occurs against a backdrop of significant stock price deterioration and recent unprofitable results.

10% owner NERGES JOSEPH R bought 3,000 shares for $26,365.94 (avg $8.79) across Feb 24-25; stock down 20.4% in 30 days.

NERGES JOSEPH R, a 10% owner, executed 9 separate purchases totaling 3,000 shares for $26,365.94 with a blended average price of $8.79 over two trading days. The current price of $9.23 is down 20.4% over the past 30 days and 48.3% below the 52-week high of $17.84, creating a near-term underwater position for these purchases. While the company reported annual revenue growth of 6.4%, it remains unprofitable on a full-year basis with only $91,000.00 in net income on $12,036,000.00 quarterly revenue, suggesting operational challenges despite topline expansion. The insider's cross-ticker buy track record shows marginal results (avg 30d return -0.3%, 90d win rate 22.22%), and his five most recent CSPI purchases (Feb 18-19) have not yet crossed 30-day measurement thresholds, so pattern validation at this specific ticker is incomplete.

10% Owner Nerges purchases 11,012 shares over 3 days at $9.22 avg amid -50.1% 52-week decline

NERGES JOSEPH R, a 10% owner, executed 11 separate open-market purchases totaling 11,012 shares for $101,525.16 between 2026-02-17 and 2026-02-19, at a blended average price of $9.22. The stock currently trades at $9.65, -50.1% from its 52-week high of $19.33, and has declined -14.5% over the past 30 days and -14.6% over 90 days. His prior trades at CSPI show mixed timing: 2 of 5 prior buys generated positive 90-day returns (September 2025 purchases returned +28.4% at 90 days), but three June 2025 purchases all declined by 0.8% to 2.6% within 90 days. The company reported latest-quarter revenue of $12.0M with net income of $91.0K, but was unprofitable over its most recent full fiscal year. The purchase pattern—multiple small tranches over consecutive trading days at slightly varying prices—reflects methodical accumulation at depressed levels, though the timing relative to the company's recent profitability challenges and broader stock decline remains uncertain.

10% owner NERGES JOSEPH R buys 2,200 shares at blended $11.21, stock down 44.5% from 52-week high; prior buys underperform

NERGES JOSEPH R, a 10% owner of CSPI, made 2 purchases totaling 2,200 shares for $24,655.56 at a blended average price of $11.21 on 2025-09-15, increasing his holdings to 1,395,063 shares. The stock currently trades at $11.55, -44.5% from its 52-week high of $20.82, and has declined 4.8% over the past 30 days despite a modest 1.0% gain over 90 days. His prior 5 trades at CSPI show a timing pattern of 0 well-timed buys at the 90-day mark; 4 of those 5 earlier purchases saw negative 90-day returns. His cross-ticker track record is equally unfavorable: 20 prior buys with an average 90-day return of -12.0% and a 90-day win rate of 0.00%. The company reported revenue of $15,448,000.00 for the latest quarter and net income of -$264,000.00, with annual revenue growth of -14.6% year-over-year; it was unprofitable over its most recent full fiscal year. The confluence of poor timing history both at CSPI and across all his prior trades, combined with the company's deteriorating financial performance, suggests this purchase occurred in a context of sustained stock weakness and operational headwinds.

10% owner NERGES acquires 3,850 shares ($45.8K) at $11.91 avg on 2025-06-13; stock down 44.2% from 52-week high, company unprofitable.

NERGES JOSEPH R, a 10% owner, executed 4 separate purchases totaling 3,850 shares for $45,839.50 at a blended average price of $11.91 on 2025-06-13. The stock has declined significantly: -44.2% from its 52-week high of $20.82 and -19.9% over the past 30 days. The company reported negative net income of $-108,000.00 in its latest quarter and has experienced -14.6% annual revenue decline, indicating operational headwinds. NERGES has 5 prior purchases at CSPI within the past week (2025-06-05 through 2025-06-06), all with outcomes not yet measurable. His post-transaction holdings of 1,392,863 shares represent a +0.3% increase from pre-transaction levels. The timing of these purchases during a sustained downtrend in an unprofitable company warrants investor review of the underlying rationale.