Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Director Francis E. Felber Purchases 3,000 Shares

Key Points

• Director Francis E. Felber purchased 3,000 shares of Citizens Community Bancorp stock at $14.80 per share, increasing his ownership by 17.70% to a total of 19,950 shares.
• The bank reported a quarterly earnings per share (EPS) of $0.33, surpassing analysts' expectation of $0.29, with a total revenue of $16.15 million.
• Institutional investors have increased their holdings significantly, with over 55% of the stock currently owned by hedge funds and other institutional investors.

Citizens Community Bancorp, Inc. (NASDAQ:CZWI - Get Free Report) Director Francis E. Felber bought 3,000 shares of Citizens Community Bancorp stock in a transaction dated Thursday, July 31st. The stock was purchased at an average price of $14.80 per share, with a total value of $44,400.00. Following the purchase, the director owned 19,950 shares in the company, valued at approximately $295,260. This represents a 17.70% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Citizens Community Bancorp Stock Performance

Shares of NASDAQ:CZWI remained flat at $14.74 during mid-day trading on Thursday. 37,032 shares of the company were exchanged, compared to its average volume of 30,539. The company has a 50 day simple moving average of $14.40 and a 200-day simple moving average of $14.69. Citizens Community Bancorp, Inc. has a 52 week low of $11.74 and a 52 week high of $17.04. The stock has a market capitalization of $147.25 million, a price-to-earnings ratio of 11.89 and a beta of 0.71.

Citizens Community Bancorp (NASDAQ:CZWI - Get Free Report) last issued its quarterly earnings results on Monday, July 28th. The bank reported $0.33 EPS for the quarter, beating analysts' consensus estimates of $0.29 by $0.04. Citizens Community Bancorp had a return on equity of 6.93% and a net margin of 12.65%. The firm had revenue of $16.15 million for the quarter, compared to analysts' expectations of $14.70 million. On average, equities analysts expect that Citizens Community Bancorp, Inc. will post 1.31 EPS for the current fiscal year.

Institutional Trading of Citizens Community Bancorp

Institutional investors have recently modified their holdings of the business. Russell Investments Group Ltd. bought a new position in shares of Citizens Community Bancorp in the fourth quarter worth $31,000. Farther Finance Advisors LLC bought a new stake in shares of Citizens Community Bancorp during the second quarter valued at about $68,000. Fiduciary Trust Co purchased a new stake in shares of Citizens Community Bancorp in the fourth quarter worth about $165,000. Citadel Advisors LLC bought a new position in shares of Citizens Community Bancorp in the fourth quarter valued at approximately $202,000. Finally, Schonfeld Strategic Advisors LLC purchased a new stake in Citizens Community Bancorp in the 4th quarter worth approximately $204,000. 55.11% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen cut Citizens Community Bancorp from a "buy" rating to a "hold" rating in a research report on Wednesday, May 21st.

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.

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