Private Management Group Amends CVCY Stake as of Dec 31, 2023
Ticker: CWBC · Form: SC 13G/A · Filed: Feb 2, 2024 · CIK: 1127371
| Field | Detail |
|---|---|
| Company | Central Valley Community Bancorp (CWBC) |
| Form Type | SC 13G/A |
| Filed Date | Feb 2, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, SC-13G/A
TL;DR
**Private Management Group updated their CVCY holdings, signaling a potential shift in institutional interest.**
AI Summary
Private Management Group, Inc. filed an amended SC 13G/A on February 2, 2024, indicating their ownership of Central Valley Community Bancorp (CVCY) common stock as of December 31, 2023. This filing is an amendment, suggesting a change in their previously reported ownership stake. While the exact percentage isn't detailed in the provided snippet, such filings are important because they disclose significant institutional holdings, which can influence investor sentiment and the stock's perceived stability.
Why It Matters
This filing shows that a significant institutional investor, Private Management Group, Inc., continues to hold or has adjusted its position in Central Valley Community Bancorp, which can signal confidence or a shift in strategy regarding the stock.
Risk Assessment
Risk Level: low — This is a routine amendment filing by an institutional investor, not indicating any immediate high-risk event for the company.
Analyst Insight
Investors should monitor future 13G/A filings from Private Management Group, Inc. to track changes in their ownership percentage, as significant increases or decreases could signal their evolving sentiment towards Central Valley Community Bancorp.
Key Numbers
- 155685100 — CUSIP Number (identifies Central Valley Community Bancorp's common stock)
Key Players & Entities
- Private Management Group, Inc. (company) — the reporting person filing the SC 13G/A
- Central Valley Community Bancorp (company) — the issuer of the securities
- December 31, 2023 (date) — the date of the event requiring the filing
- February 2, 2024 (date) — the filed as of date for the SC 13G/A
Forward-Looking Statements
- Private Management Group, Inc. will continue to be a significant institutional holder of Central Valley Community Bancorp stock. (Private Management Group, Inc.) — medium confidence, target: Q1 2025
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G, filed pursuant to Rule 13d-1(b) of the Securities Exchange Act of 1934.
Who is the reporting person in this filing?
The reporting person is Private Management Group, Inc., located at 15635 Alton Parkway, Suite 400, Irvine, CA 92618.
What is the subject company of this filing?
The subject company, also known as the issuer, is Central Valley Community Bancorp, with its business address at 7100 N. Financial Drive, #101, Fresno, CA 93720.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number for the Common Stock of Central Valley Community Bancorp is 155685100.
What was the date of the event that required this filing?
The date of the event which required the filing of this statement was December 31, 2023.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 2, 2024 regarding CENTRAL VALLEY COMMUNITY BANCORP (CWBC).