Community West Bancshares Director Buys $6,700 in Stock (CWBC)
Community West Bancshares (NASDAQ:CWBC) Director Kirk Stovesand acquired 1,000 shares of Community West Bancshares stock on the open market in a transaction that occurred on Monday, August 11th. The shares were purchased at an average price of $6.70 per share, for a total transaction of $6,700.00. Following the completion of the purchase, the director now directly owns 35,000 shares in the company, valued at approximately $234,500. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Community West Bancshares (NASDAQ:CWBC) opened at 6.68 on Wednesday. Community West Bancshares has a 52 week low of $5.35 and a 52 week high of $8.30. The stock has a 50-day moving average of $6.64 and a 200-day moving average of $6.88. The company has a market cap of $54.7 million and a P/E ratio of 6.94.
The company also recently declared a quarterly dividend, which is scheduled for Friday, August 29th. Investors of record on Monday, August 4th will be given a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a yield of 1.18%. The ex-dividend date of this dividend is Thursday, July 31st.
Community West Bancshares (NASDAQ:CWBC) is a bank holding company.
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