On November 1, 2024, Robert Bartlein, Director at Community West Bancshares (CWBC, Financial), purchased 2,000 shares of the company, as reported in a recent SEC Filing. Following this transaction, the insider now owns a total of 433,876 shares of Community West Bancshares.
Community West Bancshares operates as the bank holding company for Community West Bank, providing various financial products and services primarily in California. The company offers a range of deposit products and loans, catering to the needs of individuals and small to medium-sized businesses.
Over the past year, Robert Bartlein has increased his holdings in the company by purchasing a total of 4,000 shares. This recent acquisition aligns with a broader trend of insider buying at Community West Bancshares, with 19 insider buys recorded over the past year compared to 3 insider sells.
Shares of Community West Bancshares were priced at $18.75 on the day of the transaction. The company's market cap stands at $355.419 million. The price-earnings ratio is currently 28.42, which is significantly higher than the industry median of 10.5.
According to the GF Value, the intrinsic value of Community West Bancshares is estimated at $19.05 per share, suggesting that the stock is Fairly Valued with a price-to-GF-Value ratio of 0.98.
This insider buying activity could be a signal to investors about the perceived value of the stock at current prices, considering the insider's increasing stake in the company.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
