Joseph Nerges, identified as owning approximately ten percent of CSP Inc, acquired additional shares of the company's common stock in a sequence of transactions filed on Form 4 with the Securities and Exchange Commission. In aggregate, the purchases totaled $26,365.
On February 24, 2026, Nerges purchased 1,500 shares of CSP Inc. common stock in three separate trades. The execution prices for those transactions ranged from $8.69 to $8.79 per share, producing a combined outlay of $13,042.50.
The following day, February 25, 2026, he extended his buying with six separate purchases totaling 1,400 shares. The prices on February 25 ranged from $8.70 to $8.9537 per share, and the total value of those transactions was $13,322.50. Together, the two days of activity amount to the $26,365 in insider purchases.
After recording these transactions, Nerges holds 1,409,075 shares of CSP Inc directly. That position represents a stake in a company with a reported market capitalization of $90.2 million.
The insider buying occurred while the stock traded very near its 52-week low of $8.54 - approximately 5% above that low. Market movement in the prior week showed CSPI down 8.3%. An analysis indicates the share price is currently overvalued relative to its Fair Value. The company’s shares showed no premarket movement at the time the results were reported.
Separately, CSP Inc reported financial results for the first quarter of fiscal year 2026. The company disclosed a decline in total revenue for the quarter, coupled with an increase in service revenue. Product revenue experienced a decline, while service revenue grew, reflecting management’s push to expand managed services and cloud solutions. Company statements and filings mentioned strategic partnerships as supporting elements of this shift in the revenue mix.
The combination of an insider increasing holdings and the firm’s reported pivot toward higher-margin service offerings provides a contemporaneous snapshot of activity at CSP Inc. The purchase sizes and prices are disclosed in the Form 4 filing, and the reported financials outline the company’s evolving emphasis on services over product sales.
Contextual note: The factual points above are drawn from the Form 4 filing and the company’s public quarterly disclosure for fiscal 2026 Q1. Where market-valuation commentary is referenced, it reflects an analysis that indicates the stock is trading above its Fair Value.