Director Terry Lehman buys 1,000 shares of CZNC; stock down 13.64% from 52-week high as insider makes third open-market purchase in 36 months.
Lehman, a CZNC director, acquired 1,000 shares on the open market while the stock trades well below its 52-week high, extending a pattern of open-market accumulation that includes two prior purchases over the past three years. This is his third open-market buy at this company, demonstrating sustained engagement despite recent price pressure. At the 30-day mark, his prior purchases at this ticker showed mixed results—one declined modestly while the other rose—but over a 90-day horizon, both prior buys showed gains, suggesting his timing has historically favored longer holding periods. The company remains profitable with steady earnings, and his repeat buying into a stock trading below recent highs suggests continued conviction in the business, particularly given that multiple insiders have been accumulating shares within the same recent window.