Citizens (NYSE:CIA) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Citizens, Inc. (NYSE:CIA) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $5.39 and traded as high as $5.66. Citizens shares last traded at $5.5630, with a volume of 57,570 shares traded.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on CIA shares. Wall Street Zen lowered Citizens from a “buy” rating to a “hold” rating in a report on Sunday, March 29th. Weiss Ratings upgraded Citizens from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 11th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, Citizens presently has a consensus rating of “Hold”.

Citizens Stock Up 0.6%

The stock has a market cap of $279.82 million, a P/E ratio of 15.89 and a beta of 0.46. The firm’s 50-day moving average is $5.47 and its two-hundred day moving average is $5.39.

Insider Activity at Citizens

In other Citizens news, CEO Jon Stenberg purchased 10,000 shares of the company’s stock in a transaction dated Thursday, May 21st. The shares were bought at an average price of $4.82 per share, for a total transaction of $48,200.00. Following the purchase, the chief executive officer directly owned 327,574 shares in the company, valued at $1,578,906.68. This trade represents a 3.15% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. 2.20% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Citizens

Large investors have recently bought and sold shares of the business. Vanguard Group Inc. increased its position in Citizens by 0.9% during the third quarter. Vanguard Group Inc. now owns 2,441,277 shares of the insurance provider’s stock worth $12,817,000 after buying an additional 21,783 shares during the last quarter. Continental General Insurance Co. raised its holdings in Citizens by 34.8% during the fourth quarter. Continental General Insurance Co. now owns 2,176,694 shares of the insurance provider’s stock valued at $10,513,000 after buying an additional 562,419 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Citizens by 118.0% in the second quarter. Geode Capital Management LLC now owns 1,032,234 shares of the insurance provider’s stock worth $3,603,000 after buying an additional 558,840 shares during the last quarter. State Street Corp lifted its position in shares of Citizens by 7.6% in the fourth quarter. State Street Corp now owns 617,732 shares of the insurance provider’s stock worth $2,984,000 after buying an additional 43,826 shares during the last quarter. Finally, Bridgeway Capital Management LLC boosted its stake in shares of Citizens by 4.9% during the 4th quarter. Bridgeway Capital Management LLC now owns 473,232 shares of the insurance provider’s stock worth $2,286,000 after acquiring an additional 21,963 shares in the last quarter. 13.73% of the stock is currently owned by institutional investors.

Citizens Company Profile

Citizens, Inc (NYSE:CIA) is a bank holding company headquartered in Conway, Arkansas. Through its wholly owned subsidiary, Citizens Bank of Northern Arkansas, the company provides commercial and consumer banking services to individuals, small businesses and corporate clients across Northern and Central Arkansas.

Citizens offers a range of deposit products, including checking accounts, savings accounts and certificates of deposit, alongside lending solutions such as residential mortgages, commercial real estate loans and consumer installment loans.