In a recent transaction on May 6th, James D. Moll, a director at Citizens Community Bancorp Inc. (NASDAQ:CZWI), purchased shares of the company's common stock. The transaction involved the acquisition of 200 shares at a price of $10.88 per share, totaling $2,176.
This purchase by Mr. Moll is a direct investment in the company, showcasing a continued commitment to Citizens Community Bancorp's growth and success. Following the transaction, it was reported that the shares are held in Mr. Moll's self-directed Individual Retirement Account (IRA), indicating a long-term investment perspective.
Citizens Community Bancorp, headquartered in Eau Claire, Wisconsin, is a federally chartered savings institution. The company continues to be a significant player in the financial services industry, providing a range of banking products and services to its customers.
Investors often monitor insider transactions as they can provide insights into how the company's leadership views the stock's value and future prospects. While the purchase by Mr. Moll represents a relatively modest amount, it is nonetheless a positive signal that may be of interest to current and potential shareholders.
As of the last filing, Mr. Moll's direct and indirect holdings in Citizens Community Bancorp Inc. reflect a strong belief in the institution's value proposition and strategic direction. The stock trades on the NASDAQ under the ticker symbol CZWI.
InvestingPro Insights
As investors evaluate the significance of insider transactions at Citizens Community Bancorp Inc. (NASDAQ:CZWI), it's important to consider the company's financial health and performance metrics. According to real-time data from InvestingPro, Citizens Community Bancorp currently has a market capitalization of $120.57 million, reflecting its size within the financial services industry. The company's P/E ratio stands at a modest 8.28, suggesting that the stock may be attractively priced relative to earnings.
One of the standout InvestingPro Tips for Citizens Community Bancorp is its track record of consistently rewarding shareholders. The company has raised its dividend for 5 consecutive years and has maintained dividend payments for 12 consecutive years. This indicates a commitment to returning value to shareholders and could be a reassuring factor for those considering an investment in the company. Additionally, analysts predict that the company will be profitable this year, which is supported by the fact that it has been profitable over the last twelve months.
InvestingPro also provides insights into the company's performance, such as a dividend yield of 2.92% and a notable dividend growth rate of 10.34% in the last twelve months as of Q1 2024. While the company has experienced a slight revenue decline of 6.94% in the same period, the recent quarterly revenue growth of 6.2% in Q1 2024 suggests a potential rebound.
For investors seeking more in-depth analysis and additional InvestingPro Tips, visiting https://www.investing.com/pro/CZWI can offer a comprehensive view of Citizens Community Bancorp's financial health. Moreover, those interested in a yearly or biyearly Pro and Pro+ subscription can benefit from an additional 10% off with the coupon code PRONEWS24. There are many more tips available on InvestingPro, which can further aid in making informed investment decisions.
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