Timothy L. Olson Buys 2,000 Shares of Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Stock

Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Director Timothy L. Olson purchased 2,000 shares of the stock in a transaction that occurred on Monday, May 6th. The shares were purchased at an average cost of $10.94 per share, with a total value of $21,880.00. Following the completion of the acquisition, the director now owns 24,213 shares in the company, valued at approximately $264,890.22. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Citizens Community Bancorp Trading Up 2.1 %

NASDAQ CZWI opened at $11.51 on Thursday. The company’s fifty day moving average price is $11.55 and its two-hundred day moving average price is $11.24. The company has a market capitalization of $119.78 million, a price-to-earnings ratio of 8.92 and a beta of 1.03. Citizens Community Bancorp, Inc. has a 12 month low of $7.61 and a 12 month high of $12.61. 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 (NASDAQ:CZWI) last issued its quarterly earnings results on Monday, April 29th. The bank reported $0.39 EPS for the quarter, topping the consensus estimate of $0.26 by $0.13. The business had revenue of $25.94 million for the quarter, compared to analysts’ expectations of $13.90 million. Citizens Community Bancorp had a net margin of 13.69% and a return on equity of 8.20%. As a group, research analysts predict that Citizens Community Bancorp, Inc. will post 1.23 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Citizens Community Bancorp stock. Gendell Jeffrey L increased its holdings in shares of Citizens Community Bancorp, Inc. (NASDAQ:CZWI) by 3.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 230,959 shares of the bank’s stock after acquiring an additional 7,780 shares during the quarter. Gendell Jeffrey L owned approximately 2.21% of Citizens Community Bancorp worth $2,217,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 55.11% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on CZWI shares. 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 assumed coverage on Citizens Community Bancorp in a report on Sunday, March 10th. They set 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.