Community Bancorp (NASDAQ:CMTV) CEO Christopher Caldwell Buys 1,000 Shares

Community Bancorp Inc (NASDAQ:CMTV) CEO Christopher Caldwell acquired 1,000 shares of the company’s stock in a transaction dated Monday, April 6th. The stock was purchased at an average cost of $35.30 per share, with a total value of $35,300.00. Following the completion of the purchase, the chief executive officer directly owned 12,000 shares of the company’s stock, valued at approximately $423,600. This represents a 9.09% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Community Bancorp Trading Down 7.0%

NASDAQ:CMTV opened at $33.01 on Tuesday. The firm has a market capitalization of $184.20 million, a P/E ratio of 10.97 and a beta of 0.25. Community Bancorp Inc has a 12-month low of $16.99 and a 12-month high of $42.80. The company has a quick ratio of 0.92, a current ratio of 0.94 and a debt-to-equity ratio of 0.11.

Community Bancorp (NASDAQ:CMTV) last announced its quarterly earnings results on Tuesday, January 27th. The company reported $0.83 earnings per share (EPS) for the quarter. The company had revenue of $13.21 million during the quarter. Community Bancorp had a return on equity of 15.77% and a net margin of 24.67%.

Community Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Wednesday, April 15th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Wednesday, April 15th. Community Bancorp’s payout ratio is presently 33.22%.

Wall Street Analyst Weigh In

CMTV has been the subject of several research reports. Weiss Ratings raised Community Bancorp from a “hold (c)” rating to a “buy (b)” rating in a report on Friday, March 20th. Wall Street Zen upgraded Community Bancorp to a “hold” rating in a research report on Saturday, March 28th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

About Community Bancorp

Community Bancorp (NASDAQ: CMTV) is a bank holding company that provides commercial banking and related financial services through its subsidiary banking operations. The company focuses on deposit-taking and lending activities typical of community-oriented banks, serving the needs of individual customers, small and medium-sized businesses, and local organizations.

Its primary products and services include core deposit accounts, commercial and consumer lending, mortgage and real estate finance, and payment and treasury management services designed to support local business cash flow and day-to-day banking needs.