CBIZ CFO Buys Over $330,000 in Company Stock

The purchase represents a 9.41% increase in the CFO's ownership stake.

Mar. 18, 2026 at 12:40am

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CBIZ, Inc. (NYSE:CBZ) CFO Brad Lakhia purchased 12,775 shares of CBIZ stock in a transaction on March 13, 2026. The shares were acquired at an average price of $25.97 per share, for a total transaction of $331,766.75. Following the acquisition, Lakhia now owns 148,480 shares in the company, valued at $3,856,025.60.

Why it matters

This insider stock purchase by the CFO suggests confidence in the company's future prospects and could be seen as a positive signal to investors. Insider buying is often viewed as a bullish indicator, as company executives typically have deep insights into the business.

The details

Lakhia's purchase of 12,775 shares represents a 9.41% increase in his ownership stake in CBIZ. The transaction was disclosed in a filing with the SEC. CBIZ is a professional business services firm that provides accounting, tax, and advisory solutions to small and mid-market organizations.

  • The stock purchase transaction occurred on March 13, 2026.

The players

Brad Lakhia

The Chief Financial Officer of CBIZ, Inc.

CBIZ, Inc.

A leading provider of professional business services in the United States, founded in 1996 and headquartered in Cleveland, Ohio.

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The takeaway

Lakhia's substantial stock purchase suggests he believes CBIZ's shares are undervalued and that the company has strong growth prospects ahead. This insider buying activity could be a positive signal for investors considering an investment in CBIZ.