Jeffrey Michael Martin, Executive Vice President of Community West Bancshares (NASDAQ:CWBC), recently acquired additional shares of the company. On November 29, Martin purchased 71 shares of common stock at a price of $18.36 per share, totaling approximately $1,303. The stock has since appreciated to $22.16, marking a significant gain from the purchase price. According to InvestingPro data, CWBC has shown strong momentum with a nearly 30% return over the past six months. This transaction was part of the company's Employee Stock Purchase Plan (ESPP), as noted in the filing. Following this acquisition, Martin now holds a total of 18,160 shares directly in the $420 million market cap company. InvestingPro analysis indicates the stock is currently trading above its Fair Value, with technical indicators suggesting overbought conditions. InvestingPro subscribers have access to 8 additional key insights about CWBC's valuation and performance metrics.
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