CPIX Cumberland Pharmaceuticals Inc
XNAS 4.44 DelayedStock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
CPIX
$4.44
—
Key stats
$4.44
- 52-Week Range
- $1.85 – $9.28
- YTD
- +11.56%
- IV Rank (30D)
- 24.9
- Straddle Price
- $0.95
- P/C Vol Ratio
- 0.51
- Market Cap
- $0.1B
- Open
- $4.37
- Day Range
- $4.15 – $4.51
- Volume
- 450,240
- Prev Close
- $4.31
Fair Value
MODEL: SHORT
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 4.94% |
| Beta vs SPY | 0.52 |
| Cost of Equity (CAPM) | 7.54% (VRP-adj) |
| WACC | 7.37% |
| Volatility Risk Premium | +54.1pp (IV − HV30) |
| Effective Tax Rate | 21.0% |
| Rev. Growth (YoY, DCF input) | -10.0% |
| DCF Horizon | 10 years explicit + fade |
| Free Cash Flow (TTM) | $0.0B |
| Return on Equity (TTM) | -62.6% |
| Book / Price | 33.1% — banking bias active (P/B is primary) |
| Gross Margin (TTM) | 82.9% |
| FCF Margin (TTM) | 1.6% |
| Debt / Equity | 0.25 |
| Quality Score | 3/6 — normal (10y DCF) |
| Market-Implied Growth | +26.0% (reverse-DCF on current price) |
| SMA 50 | $6.98 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $6.44 |
| Bollinger Width / SMA20 | 1433.9% (drives anchor stability) |
| Net Debt | $-0.0B |
| Market Cap | $0B |
60-Day Conviction
39%
20-Day Fair Value
≈ by Dec 3, 2026
$4.40
α -0.9%
rank 0%
conviction
64%
40-Day Fair Value
≈ by Jan 1, 2027
$4.43
α -0.3%
rank 0%
conviction
7%
60-Day Fair Value
≈ by Feb 1, 2027
$4.40
α -1.0%
rank 0%
conviction
39%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | $0.82 | 100% | |
| DDM (Gordon) | $7.70 | 0% | |
| Peer P/E | n/a | 0% | |
| Peer EV/EBITDA | n/a | 0% | |
| Peer P/B | n/a | 0% | |
| Peer P/S | n/a | 0% | |
| Market Anchor (SMA50) | $6.98 | 0% | stability 0% (BB-width) |
| Options Expected (B-L 30d) | n/a | 0% |
As of 2026-11-04 · updated
Related
About
- Industry (SIC)
- PHARMACEUTICAL PREPARATIONS (2834) · industry map
- Exchange
- XNAS
- Market Cap
- $0.1B
- Employees
- 93
- List Date
- 2009-08-11
- CIK
- 0001087294
- Headquarters
- Nashville,, TN
- Homepage
- https://www.cumberlandpharma.com
Cumberland Pharmaceuticals Inc is a specialty pharmaceutical company focused on the acquisition, development, and commercialization of branded prescription pharmaceutical products. The Company has one operating segment, which is specialty pharmaceutical products. The company's target markets are hospital acute care, gastroenterology, rheumatology, and oncology. The firm promotes its approved products through its hospital, field, and oncology sales divisions in the United States and establishes a network of international partners to register and provide medicines to patients in their countries.…
Summary
—
composite
—
No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 6.02% | -32.53% | 17.32% | 12.74% | 1.35% | -5.78% | -0.15% |
| Feb | 5.26% | -9.25% | -14.81% | 5.97% | 128.17% | 27.46% | 23.80% |
| Mar | -10.62% | -9.62% | -14.10% | -20.75% | -17.70% | -32.85% | -17.61% |
| Apr | -13.03% | -19.52% | -10.00% | -4.76% | 10.78% | 35.16% | -0.23% |
| May | 13.90% | -12.55% | -5.29% | 4.23% | 3.12% | 41.06% | 7.41% |
| Jun | -0.87% | -0.72% | -10.91% | 3.38% | -41.33% | 13.68% | -6.13% |
| Jul | 13.64% | 8.10% | 1.34% | -3.38% | -1.15% | -6.57% | 2.00% |
| Aug | -7.99% | 0.86% | 13.79% | -5.59% | -0.85% | -6.82% | -1.10% |
| Sep | -6.94% | 5.70% | 13.86% | -5.19% | -15.45% | 19.36% | 1.89% |
| Oct | -1.47% | -5.38% | 11.24% | -11.11% | -4.17% | -37.55% | -8.07% |
| Nov | 92.72% | -10.31% | -7.87% | 25.00% | -18.12% | 5.21%* | 14.44% |
| Dec | 13.90% | -2.17% | 6.65% | 82.31% | 83.41% | -- | 36.82% |
| Total | 106.13% | -63.00% | -6.44% | 70.22% | 52.12% | 19.33% | 29.73% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $6.32
SMA 50: $6.90
SMA 200: $5.51
Current: $4.44
EMA 12: $5.33
EMA 26: $6.14
MACD: -0.8019 | Signal: -0.2866
BEARISH
ADX (14): 30.37
TREND
+DI: 13.17
−DI: 39.00
Momentum Oscillators
RSI (14): 35.18
NEUTRAL
Stoch %K: 5.20
Stoch %D: 5.70
Williams %R: -92.31
Volume & Volatility
BB Upper: $9.41
BB Lower: $3.23
NEUTRAL
OBV: 250,381,411
Vol SMA 20: 150,889
Vol ROC: 201.47%
ATR: $0.73
True Range: $0.36
HV 20: 264.4%
HV 30: 215.4%
HV 60: 164.1%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-11-06T00:00:00 – 2026-11-04T00:00:00
AI Analysis
LLM Stock Analysis Report
Executive Summary
Overall assessment: NEUTRAL with confidence level (6/10)
Key drivers and primary risks:
- Technical trend: Consolidation in a range-bound market
- Earnings uncertainty: No recent earnings data available
- Sector performance: Positive sentiment from recent news headlines
Investment thesis: CPIX is trading within a consolidation phase, with limited upside potential. The lack of recent earnings data increases uncertainty, but positive sector trends and low volatility provide some support.
Recent news sentiment impact: The recent news headlines are generally neutral to positive, indicating sector-wide growth and no significant headwinds for CPIX specifically.
Technical Analysis
Trend Direction: Medium-term (1-3 months): Consolidation in a range-bound market Long-term (3-12 months): Uptrend
Support/Resistance Levels:
- SMA 20: $7.47 (support)
- EMA 26: $7.37 (support)
- Bollinger Bands Upper: $8.33 (resistance)
Momentum Signals: RSI interpretation:
70 overbought <30 oversold Currently: Neutral (56.05) with no clear buy/sell signal
MACD signal: Bullish momentum above the signal line
Bollinger Bands position: Neutral, indicating a neutral-to-bullish trend
Volume Analysis: Volume trends:
- Volume SMA 20: 103080.65
- On-Balance Volume (OBV): 249670173.76
- Volume Rate of Change: 2.77%
Institutional interest signals: No unusual volume activity or institutional trading patterns observed.
News & Sentiment Analysis
Recent Headlines Summary: Neutral to positive news headlines, indicating sector-wide growth and no significant headwinds for CPIX specifically.
Sentiment Assessment: Aggregate sentiment is neutral to positive, driven by recent news headlines.
Catalyst Identification: No upcoming earnings or events that could significantly impact the stock price.
Market Narrative: The technical trend and news sentiment align, indicating a consolidation phase with limited upside potential.
Risk & Volatility Assessment
Beta Interpretation: Low risk relative to market (beta 0.80).
Volatility Regime: Current vs historical volatility levels: Lower than average, indicating low volatility.
Options Market Signals: IV rank: 4.6% (Low), current IV: 166.5%, expected move: $2.38 (28 DTE)
Downside Protection: Support levels and risk management considerations:
- SMA 20: $7.47
- EMA 26: $7.37
Market Context & Positioning
Sector Performance: Positive sentiment from recent news headlines.
Institutional Activity: No unusual volume activity or institutional trading patterns observed.
Correlation Analysis: Correlation with market (R-squared interpretation): Low, indicating a relatively independent stock performance.
Relative Valuation: Position within trading range: Consolidation in a neutral-to-bullish trend.
Key Levels & Action Items
Critical Price Levels:
- SMA 20: $7.47 (support)
- EMA 26: $7.37 (support)
- Bollinger Bands Upper: $8.33 (resistance)
Breakout/Breakdown Levels: None observed, indicating a consolidation phase.
Time-Sensitive Catalysts: No upcoming earnings or events that could significantly impact the stock price.
Risk Management: Stop-loss levels and position sizing considerations:
- SMA 20: $7.47
- EMA 26: $7.37
Please let me know if you would like me to elaborate on any specific points or if there are any additional questions you have!
Generated
News
All CPIX news →
Earnings History
11 of 11 under expected move
Avg Expected Move
99.97%
Avg Actual Move
6.35%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2023-03-07 | Pre-Market | 20.27% | 4.05% | 0.20x | Within |
| 2023-11-07 | Pre-Market | 28.43% | 4.06% | 0.14x | Within |
| 2024-08-06 | Pre-Market | 193.26% | 6.38% | 0.03x | Within |
| 2024-11-07 | Pre-Market | 138.08% | 0.42% | 0.00x | Within |
| 2025-03-04 | After-Close | 56.20% | 11.90% | 0.21x | Within |
| 2025-05-06 | Pre-Market | 55.37% | 1.34% | 0.02x | Within |
| 2025-08-05 | After-Close | 66.62% | 15.30% | 0.23x | Within |
| 2025-11-04 | After-Close | 161.65% | 12.41% | 0.08x | Within |
| 2026-03-03 | Pre-Market | 309.92% | 5.37% | 0.02x | Within |
| 2026-05-05 | Pre-Market | 23.18% | 0.44% | 0.02x | Within |
| 2026-08-04 | Pre-Market | 46.66% | 8.22% | 0.18x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
CPIX Options Activity & IV Rank
CPIX IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 141.2%
7-DTE IV: 135.3%
Expected Move: $0.95
7-DTE Move: $0.95
Days to Exp: 16 (2026-11-20)
Options Flow
Call Volume: 100
Put Volume: 51
P/C Volume: 0.51
BULLISH
Call OI: 576
Put OI: 135
P/C OI: 0.234
Total OI: 711
ATM Options Pricing
ATM Call: $0.35
ATM Put: $0.60
Call %: 7.9%
Put %: 13.5%
Chain Summary
Chain Volume: 800
Chain OI: 6,708
Last Updated: 11/4/2026
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Dealer Positioning
TYPICAL γ
Estimated net dealer gamma is at the 64th percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
64%
vs own history
GEX tilt
+0.87
OI-weighted, today
Vanna tilt
+0.68
δ-sensitivity to IV
Charm tilt
-0.84
δ-decay vs time
Vanna tilt +0.68: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.84: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 4 ATM contracts, 1k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
ATM 156.2% / Wing —
30 DTE / 10d
—
—
pts
EXTREME
No data
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)6.8LowNov 4
IV Rank (30 DTE)24.9LowNov 4
Straddle Price (30 DTE)$0.95Nov 4
Beta Analysis
Risk Metrics
Beta: 0.6683
Alpha: 101.01%
Correlation: 0.0831
R-Squared: 0.7%
Stock Volatility: 103.3%
Market Volatility: 12.8%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Low volatility - stock moves less than market
Beta & Alpha Over Time
Notable investors who own CPIX
2 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Renaissance Technologies Hedge fund Jim Simons | $3.1M | #1719 of 3138 | +1.6% | 13F | |
| Citadel Hedge fund Ken Griffin | $476K | #4513 of 6285 | +341.0% | 13F |
Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions
CPIX Institutional Ownership (13F)
Latest filings — 2026-09-30
? 13F Guide
Diluted shares outstanding: 14,933,489 (as of 2026-03-31)
Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
4 filers$1.72M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $1.30M | 75.74% | 2026-06-30 |
| 2 | Jane Street Group, LLC Custodian | $218.38K | 12.72% | 2026-06-30 |
| 3 | Simplex Trading, LLC Custodian | $172.37K | 10.04% | 2026-06-30 |
| 4 | GROUP ONE TRADING LLC Custodian | $25.92K | 1.51% | 2026-06-30 |
4 filers$861.19K notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $516.46K | 59.97% | 2026-06-30 |
| 2 | Citadel Advisors LLC Custodian | $149.69K | 17.38% | 2026-06-30 |
| 3 | Jane Street Group, LLC Custodian | $137.38K | 15.95% | 2026-06-30 |
| 4 | Simplex Trading, LLC Custodian | $57.67K | 6.70% | 2026-06-30 |
CPIX Insider Trading (Form 4)
Latest: 2026-03-20Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2026-03-20 | Joseph C Galante | Director | Award (A) | +1,800 | $2.80 | $5.0K | EDGAR |
| 2026-03-20 | John M. Hamm | VP Chief Financial Officer | Grant (A) | +3,000 opt | — | EDGAR | |
| 2026-03-20 | Chris T. Bitterman | Vice Pres Sales & Marketing | Grant (A) | +3,000 opt | — | EDGAR | |
| 2026-03-20 | Todd M. Anthony | Vice Pres Organizational Dev | Grant (A) | +3,000 opt | — | EDGAR | |
| 2026-03-20 | James Jones | Director | Award (A) | +1,800 | $2.80 | $5.0K | EDGAR |
| 2026-03-20 | Martin S Brown JR | Director | Award (A) | +1,800 | $2.80 | $5.0K | EDGAR |
| 2026-03-20 | James L Herman | VP and Chief Compliance Office | Grant (A) | +2,500 opt | — | EDGAR | |
| 2026-03-20 | A J Kazimi | Chairman and CEO | Grant (A) | +100,000 opt | — | EDGAR | |
| 2026-03-20 | Caroline Young | Director | Award (A) | +1,800 | $2.80 | $5.0K | EDGAR |
| 2026-03-20 | Kenneth Krogulski | Director | Award (A) | +5,800 | $2.80 | $16.2K | EDGAR |
| 2026-03-18 | A J Kazimi | Chairman and CEO | Tax (F) | −5,845 | $3.06 | -$17.9K | EDGAR |
| 2026-01-06 | Kenneth Krogulski | Director | L | +1,916 | $2.95 | $5.7K | EDGAR |
| 2026-01-06 | James Jones | Director | L | +270 | $2.96 | $799 | EDGAR |
| 2026-01-06 | A J Kazimi | Chairman and CEO | L | +270 | $2.96 | $799 | EDGAR |
| 2026-01-06 | Caroline Young | Director | L | +66 | $3.07 | $202 | EDGAR |
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
CPIX Insider Holdings
10 insiders · @ $4.44
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | A J Kazimi | Chairman and CEO | 5,695,310 | $25.29M | $72.1K | 63 | 2026-03-20 |
| 2 | Kenneth Krogulski | Director | 302,338 | $1.34M | $317.2K | 58 | 2026-03-20 |
| 3 | Joseph C Galante | Director | 63,656 | $282.6K | $138.1K | 29 | 2026-03-20 |
| 4 | James Jones | Director | 46,863 | $208.1K | $59.1K | 55 | 2026-03-20 |
| 5 | James L Herman | VP and Chief Compliance Office | 38,255 | $169.9K | $0 | 18 | 2026-03-20 |
| 6 | Caroline Young | Director | 35,109 | $155.9K | $41.6K | 52 | 2026-03-20 |
| 7 | John M. Hamm | VP Chief Financial Officer | 20,073 | $89.1K | $8.9K | 7 | 2026-03-20 |
| 8 | Todd M. Anthony | Vice Pres Organizational Dev | 16,328 | $72.5K | $0 | 4 | 2026-03-20 |
| 9 | Martin S Brown JR | Director | 10,300 | $45.7K | $0 | 5 | 2026-03-20 |
| 10 | Chris T. Bitterman | Vice Pres Sales & Marketing | 4,683 | $20.8K | $0 | 4 | 2026-03-20 |
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
CPIX Board & Officers
As of SEC filings through Mar 20, 2026Directors 6
- A J Kazimi · since Aug 10, 2009
- James Jones · since Apr 20, 2010
- Caroline Young · since Sep 13, 2016
- Kenneth Krogulski · since Jan 18, 2017
- Joseph C Galante · since Sep 19, 2018
- Martin S Brown JR · since Jul 15, 2022
Officers 5
- A J Kazimi · Chairman and CEO · since Aug 10, 2009
- John M. Hamm · VP Chief Financial Officer · listed since Mar 2024
- James L Herman · VP and Chief Compliance Office · listed since Mar 2014
- Chris T. Bitterman · Vice Pres Sales & Marketing · since Mar 8, 2023
- Todd M. Anthony · Vice Pres Organizational Dev · since Mar 8, 2023
10% owners 1
- A J Kazimi · since Aug 10, 2009
Changes in the last 10 years (14)
| Mar 26, 2024 | John M. Hamm listed as VP Chief Financial Officer (previously Chief Financial Officer) in SEC filings |
| Mar 21, 2023 | Joey A Jacobs reported in an SEC filing no longer being a director |
| Mar 8, 2023 | Todd M. Anthony became Vice Pres Organizational Dev |
| Mar 8, 2023 | Chris T. Bitterman became Vice Pres Sales & Marketing |
| Jul 15, 2022 | Martin S Brown JR became a director |
| Jul 1, 2022 | Leo Pavliv reported in an SEC filing no longer being SVP and Chief Development Off. |
| Apr 29, 2022 | Martin E Cearnal reported in an SEC filing no longer being a director |
| Apr 29, 2022 | Martin E Cearnal reported in an SEC filing no longer being Sr VP/Chief Commercial Officer |
| Jun 11, 2021 | Michael Bonner reported in an SEC filing no longer being Chief Financial Officer |
| Jun 11, 2021 | Jonathan Griggs reported in an SEC filing no longer being a director |
| May 17, 2021 | John M. Hamm became Chief Financial Officer |
| Sep 19, 2018 | Joseph C Galante became a director |
| Apr 7, 2017 | Thomas R Lawrence reported in an SEC filing no longer being a director |
| Jan 18, 2017 | Kenneth Krogulski became a director |
Not reported recently (1)
- Gordon R Bernard · Last reported as a director in an SEC filing dated Apr 22, 2025
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.
ETF Holders
10 ETFs hold CPIX
10 shown · $3.59M total exposure · 0.00% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.00% | $2.2M | — | 2026-09-30 |
| 2 | VXF Vanguard Extended Market ETF | Vanguard | 0.00% | $780,800 | — | 2026-09-30 |
| 3 | DFAS Dimensional US Small Cap ETF | Dimensional | 0.00% | $237,607 | — | 2026-11-02 |
| 4 | DFMC Dimensional US Micro Cap ETF | Dimensional | 0.00% | $201,598 | — | 2026-11-02 |
| 5 | IWC iShares Micro-Cap ETF | iShares (BlackRock) | 0.01% | $110,724 | $1.2B | 2026-11-02 |
| 6 | DFAT Dimensional US Targeted Value ETF | Dimensional | 0.00% | $39,419 | — | 2026-11-02 |
| 7 | DFAC Dimensional US Core Equity 2 ETF | Dimensional | 0.00% | $36,440 | — | 2026-11-02 |
| 8 | AVSC Avantis U.S. Small Cap Equity ETF | Avantis | 0.00% | $15,859 | $3.2B | 2026-11-02 |
| 9 | DFSU Dimensional US Sustainability Core 1 ETF | Dimensional | 0.00% | $11,732 | $2.4B | 2026-11-02 |
| 10 | DXUV Dimensional US Vector Equity ETF | Dimensional | 0.00% | $1,840 | — | 2026-11-02 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.
Trailing P/E
—
TTM Diluted EPS
$-0.49
TTM Revenue
$41.94M
TTM Net Income
$-7.38M
TTM Op. Cash Flow
$1.42M
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q1 '26 | 2026-03-31 | $9.13M | $-3.29M | $-0.22 | $387.02K |
| Q4 '25 | 2025-12-31 | $13.68M | $-1.41M | $-0.09 | $3.02K |
| Q3 '25 | 2025-09-30 | $8.29M | $-1.94M | $-0.13 | $187.18K |
| Q2 '25 | 2025-06-30 | $10.84M | $-740.74K | $-0.05 | $843.80K |
| Q1 '25 | 2025-03-31 | $11.71M | $1.26M | $0.08 | $3.90M |
| Q4 '24 | 2024-12-31 | $10.44M | $-1.90M | $-0.14 | $1.90M |
| Q3 '24 | 2024-09-30 | $9.09M | $-1.54M | $-0.11 | $475.50K |
| Q2 '24 | 2024-06-30 | $9.85M | $-1.09M | $-0.08 | $-855.66K |
| Q1 '24 | 2024-03-31 | $8.50M | $-1.95M | $-0.14 | $-2.14M |
| Q4 '23 | 2023-12-31 | $9.35M | $-6.29M | $-0.44 | $2.29M |
| Q3 '23 | 2023-09-30 | $10.09M | $-1.05M | $-0.07 | $1.24M |
| Q2 '23 | 2023-06-30 | $10.89M | $872.20K | $0.06 | $4.97M |
Q1 2026 • period ending 2026-03-31 • filed 2026-05-08
Valuation
Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.
Price Multiples
- P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
- P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
- P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
- EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
- EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
- ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
- ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
- Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
- FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
- Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
- Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
- Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
- Multiples expanding while earnings are flat = sentiment-driven rally.
- Multiples compressing while earnings grow = value coming from fundamentals.
P/E
—
P/B
3.11
P/S
1.58
EV/EBITDA
—
EV/Sales
1.44
ROE
-34.7%
ROA
-10.4%
Div Yield
0.00%
FCF Yield
2.14%
Debt/Equity
0.25
Current Ratio
—
Market Cap
$66.30M
as of 2026-11-04
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
336.00K
SI % of Float
3.89%
Days to Cover
8.98
Short Vol Ratio
28.4%
Free Float
8.64M
Float %
57.7%
Short interest 2026-10-15 • Short volume 2026-11-04 • Float 2026-05-29