10,477 Shares in Community West Bancshares (CWBC) Purchased by D.A. Davidson & CO.

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D.A. Davidson & CO. purchased a new position in Community West Bancshares (NASDAQ:CWBC) in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 10,477 shares of the financial services provider’s stock, valued at approximately $105,000.

Other large investors also recently modified their holdings of the company. Cutler Capital Management LLC lifted its stake in shares of Community West Bancshares by 6.9% in the 4th quarter. Cutler Capital Management LLC now owns 154,600 shares of the financial services provider’s stock worth $1,551,000 after acquiring an additional 10,000 shares during the period. Renaissance Technologies LLC acquired a new stake in shares of Community West Bancshares in the 2nd quarter worth approximately $197,000. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Community West Bancshares by 4.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 141,130 shares of the financial services provider’s stock worth $1,694,000 after acquiring an additional 6,143 shares during the period. 21.43% of the stock is owned by institutional investors.

In other news, Director William R. Peeples sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 11th. The shares were sold at an average price of $10.65, for a total value of $106,500.00. Following the completion of the sale, the director now directly owns 800,804 shares of the company’s stock, valued at approximately $8,528,562.60. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last ninety days, insiders bought 1,729 shares of company stock valued at $18,028. Company insiders own 22.72% of the company’s stock.

Shares of NASDAQ:CWBC opened at $10.37 on Thursday. The company has a market capitalization of $85.45 million, a PE ratio of 12.14 and a beta of 0.47. Community West Bancshares has a twelve month low of $9.44 and a twelve month high of $12.95. The company has a quick ratio of 1.03, a current ratio of 1.10 and a debt-to-equity ratio of 0.66.

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 28th. Stockholders of record on Monday, February 11th will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.93%. The ex-dividend date of this dividend is Friday, February 8th.

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Community West Bancshares Profile

Community West Bancshares operates as the bank holding company for Community West Bank, N.A. that provides various financial products and services in California. The company offers deposit products, such as checking accounts, savings accounts, money market accounts, and fixed rate and fixed maturity certificates of deposit, as well as cash management products.

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Institutional Ownership by Quarter for Community West Bancshares (NASDAQ:CWBC)

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