FRESNO, CA—Dawn M. Cagle, the Executive Vice President of Community West Bancshares (NASDAQ:CWBC), recently purchased shares in the company, according to a filing with the Securities and Exchange Commission. On November 29, Cagle acquired 100 shares of Community West Bancshares common stock at a price of $18.36 per share, resulting in a total transaction value of $1,836. The stock has since appreciated to $22.07, marking a 29.9% gain over the past six months for the $418 million market cap bank. According to InvestingPro analysis, the stock currently appears overvalued, trading at a P/E multiple of 50.6x. This purchase was part of the company's Employee Stock Purchase Plan (ESPP). Following the transaction, Cagle holds a total of 11,302 shares directly in the company, which has maintained dividend payments for 13 consecutive years. InvestingPro subscribers can access 8 additional key insights about CWBC's financial health and market position.
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