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Community West Bancshares (NASDAQ:CWBC) Director Kirk Stovesand bought 1,000 shares of the company’s stock on the open market in a transaction that occurred on Monday, August 11th. The stock was purchased at an average price of $6.70 per share, for a total transaction of $6,700.00. Following the purchase, the director now directly owns 35,000 shares in the company, valued at approximately $234,500. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Shares of Community West Bancshares (NASDAQ:CWBC) opened at 6.59 on Tuesday. Community West Bancshares has a one year low of $5.35 and a one year high of $8.30. The stock’s 50-day moving average is $6.64 and its 200-day moving average is $6.89. The company has a market cap of $54.0 million and a P/E ratio of 7.09.

The company also recently announced a quarterly dividend, which is scheduled for Friday, August 29th. Investors of record on Monday, August 4th will be paid a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a dividend yield of 1.19%. The ex-dividend date is Thursday, July 31st.

Community West Bancshares (NASDAQ:CWBC) is a bank holding company.

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