Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Director Timothy L. Olson Purchases 2,000 Shares

Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Director Timothy L. Olson purchased 2,000 shares of the company’s stock in a transaction that occurred on Monday, May 6th. The stock was acquired at an average cost of $10.94 per share, for a total transaction of $21,880.00. Following the transaction, the director now owns 24,213 shares in the company, valued at approximately $264,890.22. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Citizens Community Bancorp Stock Performance

Shares of Citizens Community Bancorp stock traded up $0.58 on Tuesday, reaching $11.53. 1,220 shares of the company traded hands, compared to its average volume of 23,692. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.98 and a quick ratio of 0.97. The firm has a market capitalization of $120.03 million, a PE ratio of 8.49 and a beta of 1.03. The company has a 50 day moving average of $11.57 and a 200 day moving average of $11.22. Citizens Community Bancorp, Inc. has a 52 week low of $7.61 and a 52 week high of $12.61.

Citizens Community Bancorp (NASDAQ:CZWI) last issued its earnings results on Monday, April 29th. The bank reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.13. Citizens Community Bancorp had a return on equity of 8.20% and a net margin of 13.69%. The firm had revenue of $25.94 million for the quarter, compared to analyst estimates of $13.90 million. Equities analysts forecast that Citizens Community Bancorp, Inc. will post 1.23 earnings per share for the current year.

Hedge Funds Weigh In On Citizens Community Bancorp

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

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on CZWI. Hovde Group upgraded shares of Citizens Community Bancorp from a “market perform” rating to an “outperform” rating in a report on Monday, March 4th. StockNews.com started coverage on Citizens Community Bancorp in a report on Sunday, March 10th. They issued a “hold” rating for the company.

Citizens Community Bancorp Company Profile

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.