Cutler Capital Management LLC continued to hold its stake in shares of Community West Bancshares (NASDAQ:CWBC) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 142,100 shares of the financial services provider’s stock at the end of the second quarter. Cutler Capital Management LLC’s holdings in Community West Bancshares were worth $1,435,000 at the end of the most recent reporting period.
Shares of Community West Bancshares (CWBC) opened at 10.15 on Friday. Community West Bancshares has a 12 month low of $7.50 and a 12 month high of $10.65. The company has a 50-day moving average price of $10.17 and a 200-day moving average price of $10.10. The company has a market capitalization of $82.25 million, a P/E ratio of 16.11 and a beta of 0.54.
Community West Bancshares (NASDAQ:CWBC) last issued its earnings results on Friday, July 28th. The financial services provider reported $0.18 earnings per share (EPS) for the quarter. The company had revenue of $8.73 million during the quarter. Community West Bancshares had a return on equity of 8.18% and a net margin of 14.81%.
TRADEMARK VIOLATION NOTICE: This story was published by StockNewsTimes and is the sole property of of StockNewsTimes. If you are viewing this story on another domain, it was illegally copied and reposted in violation of United States and international copyright and trademark laws. The original version of this story can be accessed at https://stocknewstimes.com/2017/07/30/cutler-capital-management-llc-has-1435000-position-in-community-west-bancshares-cwbc.html.
In other Community West Bancshares news, Director William R. Peeples sold 28,807 shares of the company’s stock in a transaction on Monday, June 5th. The stock was sold at an average price of $10.03, for a total value of $288,934.21. Following the completion of the sale, the director now directly owns 919,257 shares in the company, valued at approximately $9,220,147.71. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Charles G. Baltuskonis sold 9,493 shares of the company’s stock in a transaction on Thursday, June 8th. The shares were sold at an average price of $10.17, for a total value of $96,543.81. Following the completion of the sale, the executive vice president now owns 58,773 shares of the company’s stock, valued at $597,721.41. The disclosure for this sale can be found here. Over the last 90 days, insiders acquired 2,211 shares of company stock valued at $22,473 and sold 43,866 shares valued at $442,040. 26.01% of the stock is owned by corporate insiders.
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.
Want to see what other hedge funds are holding CWBC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Community West Bancshares (NASDAQ:CWBC).
Receive News & Ratings for Community West Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Community West Bancshares and related companies with MarketBeat.com's FREE daily email newsletter.
