Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Director Purchases $21,880.00 in Stock

Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Director Timothy L. Olson purchased 2,000 shares of the business’s stock in a transaction on Monday, May 6th. The stock was acquired at an average price of $10.94 per share, with a total value of $21,880.00. Following the completion of the acquisition, the director now directly owns 24,213 shares in the company, valued at approximately $264,890.22. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link.

Citizens Community Bancorp Price Performance

Shares of NASDAQ CZWI opened at $11.27 on Wednesday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.98 and a quick ratio of 0.97. Citizens Community Bancorp, Inc. has a 1-year low of $7.61 and a 1-year high of $12.61. The company has a market capitalization of $117.32 million, a price-to-earnings ratio of 8.74 and a beta of 1.03. The business has a 50-day moving average of $11.55 and a 200-day moving average of $11.23.

Citizens Community Bancorp (NASDAQ:CZWI) last released its quarterly earnings results on Monday, April 29th. The bank reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.26 by $0.13. The firm had revenue of $25.94 million during the quarter, compared to analysts’ expectations of $13.90 million. Citizens Community Bancorp had a return on equity of 8.20% and a net margin of 13.69%. On average, equities analysts anticipate that Citizens Community Bancorp, Inc. will post 1.23 EPS for the current fiscal year.

Institutional Investors Weigh In On Citizens Community Bancorp

An institutional investor recently raised its position in Citizens Community Bancorp stock. Empowered Funds LLC raised its holdings in shares of Citizens Community Bancorp, Inc. (NASDAQ:CZWI) by 8.1% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 51,324 shares of the bank’s stock after purchasing an additional 3,850 shares during the quarter. Empowered Funds LLC owned 0.49% of Citizens Community Bancorp worth $624,000 at the end of the most recent quarter. 55.11% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have issued reports on CZWI. Hovde Group raised Citizens Community Bancorp from a “market perform” rating to an “outperform” rating in a research report on Monday, March 4th. StockNews.com started coverage on shares of Citizens Community Bancorp in a research note on Sunday, March 10th. They issued a “hold” rating on the stock.

About Citizens Community Bancorp

Citizens Community Bancorp, Inc operates as a bank holding company for Citizens Community Federal N.A. that provides various traditional community banking services to businesses, agricultural operators, and consumers. It accepts various deposit products, including demand deposits, savings and money market accounts, and certificates of deposit.