The Overhang Is Over. Buy The Dip In CPI Card Group.
CPI Card Group (PMTS) is seen as positioned for a rebound after the final overhang from Parallel 49 Equity's secondary sale has cleared. The company reported 15% revenue growth in Q2, raised guidance, and now projects 2026 free cash flow of $45–50 million, with insider and institutional buying at the secondary price cited as signs of confidence.
Why it matters — A PMTS watcher would care because the removal of the secondary-offering overhang, combined with raised guidance and insider buying, could remove a key downward pressure on the stock and support its outlook.