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Central Valley Community Bancorp (NASDAQ:CVCY) Director Edwin S. Darden, Jr. sold 9,242 shares of Central Valley Community Bancorp stock in a transaction dated Wednesday, June 18th. The shares were sold at an average price of $12.07, for a total value of $111,550.94. Following the transaction, the director now directly owns 113,156 shares of the company’s stock, valued at approximately $1,365,793. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Central Valley Community Bancorp (NASDAQ:CVCY) traded up 3.01% during mid-day trading on Wednesday, hitting $11.96. The stock had a trading volume of 24,329 shares. Central Valley Community Bancorp has a 52-week low of $9.09 and a 52-week high of $12.82. The stock has a 50-day moving average of $11.30 and a 200-day moving average of $11.32. The company has a market cap of $130.7 million and a P/E ratio of 13.99.

Central Valley Community Bancorp (NASDAQ:CVCY) last released its earnings data on Wednesday, April 16th. The company reported $0.24 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.19 by $0.05. On average, analysts predict that Central Valley Community Bancorp will post $0.84 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Monday, June 30th. Stockholders of record on Friday, June 13th will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 1.67%. The ex-dividend date is Wednesday, June 11th.

CVCY has been the subject of a number of recent research reports. Analysts at FIG Partners initiated coverage on shares of Central Valley Community Bancorp in a research note on Wednesday, April 23rd. They set an “outperform” rating on the stock. Analysts at Zacks downgraded shares of Central Valley Community Bancorp from an “outperform” rating to a “neutral” rating in a research note on Wednesday, April 9th. They now have a $13.00 price target on the stock. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $11.25.

Central Valley Community Bancorp is a bank holding company that operates through its wholly owned subsidiary, Central Valley Community Bank (NASDAQ:CVCY).

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