The cluster is small in dollar terms but directionally unanimous and timed after a positive earnings release. While not a strong standalone signal, it adds to the bullish narrative from the earnings beat. Monitor for any C-suite purchases or larger buys that would confirm conviction.
Price Chart
Executive Summary
Four CSPI insiders (three directors and a 10% owner) made open-market purchases totaling $53K over a 7-day window, following the company's Q2 FY2026 earnings release that showed 21.8% revenue growth and a return to profitability. The cluster is small relative to the $94M market cap (0.06%), but the unanimous buying direction and proximity to positive earnings results suggest insider confidence in the company's trajectory.
Key Financial Metrics
Key Facts
- Four insiders made open-market purchases totaling $53,668 over 7 days (May 12-15, 2026).
- Purchases occurred 5-11 days after Q2 FY2026 earnings reported 21.8% revenue growth and net income of $264K vs. a loss of $108K a year ago.
- Total cluster value is 0.06% of market cap ($94M), below the 0.1% materiality threshold.
- No C-suite executives (CEO/CFO) participated; all buyers are directors or a 10% owner.
- The company declared a $0.03/share quarterly dividend, payable June 15, 2026.
Financial Impact
Insider purchases total $53,668, or 0.06% of market cap.
Risk Factors
- Cluster value is below 0.1% of market cap, making it statistically routine.
- No C-suite executives participated, reducing signal strength.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-CSPI-1779131417627 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 8d ago | Press Release | $7.61 $7.42 | ▼ −2.55% | ▼ −2.40% | $7.36 (−3.29%) |
Sep 22, 2026 5w ago | Institutional Cluster | $7.76 $7.63 | ▲ +1.68% | ▲ +0.49% | $7.36 (+5.15%) |
Aug 14, 2026 10w ago | Press Release | $8.05 $7.56 | ▲ +6.09% | ▲ +4.72% | $7.36 (+8.57%) |
Aug 11, 2026 11w ago | Press Release | $8.40 $7.29 | ▼ −13.21% | ▼ −12.81% | $7.36 (−12.38%) |
Jun 9, 2026 20w ago | 3 | $8.59 $9.34 | ▲ +8.73% | ▲ +5.30% | $7.36 (−14.32%) |
Jun 9, 2026 20w ago | 8-K | $8.21 $9.42 | ▲ +14.74% | ▲ +12.33% | $7.36 (−10.35%) |
May 18, 2026 23w ago | Insider Cluster | $9.41 $9.74 | ▲ +3.51% | ▲ +1.89% | $7.36 (−21.78%) |
May 12, 2026 24w ago | Insider Cluster | $9.16 $9.42 | ▲ +2.84% | ▲ +3.44% | $7.36 (−19.65%) |
May 12, 2026 24w ago | Insider Cluster | $9.16 $9.42 | ▲ +2.84% | ▲ +3.44% | $7.36 (−19.65%) |
US Market Status
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