Community West Bancshares (CWBC) Insider Sells $62,422.50 in Stock
Community West Bancshares (NASDAQ:CWBC) insider Charles G. Baltuskonis sold 6,090 shares of the company’s stock in a transaction on Monday, August 14th. The stock was sold at an average price of $10.25, for a total value of $62,422.50. Following the sale, the insider now owns 13,000 shares of the company’s stock, valued at $133,250. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Community West Bancshares (NASDAQ CWBC) traded up 2.08% during mid-day trading on Monday, hitting $10.30. The stock had a trading volume of 17,768 shares. The firm’s 50-day moving average is $10.20 and its 200 day moving average is $10.15. The stock has a market cap of $84.04 million, a PE ratio of 15.37 and a beta of 0.53. Community West Bancshares has a one year low of $7.75 and a one year high of $10.65.
Community West Bancshares (NASDAQ:CWBC) last posted its quarterly earnings results on Friday, July 28th. The financial services provider reported $0.18 earnings per share for the quarter. The business had revenue of $8.73 million during the quarter. Community West Bancshares had a net margin of 15.37% and a return on equity of 8.68%.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 31st. Investors of record on Monday, August 14th will be paid a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.59%. The ex-dividend date is Thursday, August 10th. Community West Bancshares’s dividend payout ratio (DPR) is 23.53%.
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A hedge fund recently raised its stake in Community West Bancshares stock. Dimensional Fund Advisors LP raised its position in Community West Bancshares (NASDAQ:CWBC) by 1.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 127,970 shares of the financial services provider’s stock after buying an additional 1,217 shares during the period. Dimensional Fund Advisors LP owned about 1.57% of Community West Bancshares worth $1,331,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 23.70% of the company’s stock.
About Community West Bancshares
Community West Bancshares is a bank holding company. The Company provides full-service banking through its subsidiary, Community West Bank, N.A. (the Bank). Through the Bank, the Company provides a range of financial products and services to customers, including lending and deposit products. The Company focuses on professionals, small to mid-sized businesses and individual households.
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