Community Bancorp (NASDAQ:CMTV) Director Wayne Lamberton Buys 1,350 Shares

Community Bancorp Inc (NASDAQ:CMTV) Director Wayne Lamberton acquired 1,350 shares of the firm’s stock in a transaction that occurred on Monday, April 6th. The stock was acquired at an average price of $34.32 per share, with a total value of $46,332.00. Following the completion of the transaction, the director directly owned 10,045 shares in the company, valued at $344,744.40. This trade represents a 15.53% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Wayne Lamberton also recently made the following trade(s):

• On Tuesday, March 10th, Wayne Lamberton acquired 130 shares of Community Bancorp stock. The stock was acquired at an average price of $30.50 per share, with a total value of $3,965.00.
• On Monday, February 2nd, Wayne Lamberton purchased 2,000 shares of Community Bancorp stock. The shares were purchased at an average cost of $31.19 per share, with a total value of $62,380.00.

Community Bancorp Stock Down 7.0%

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

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

Community Bancorp Announces Dividend

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

Analysts Set New Price Targets

Several research analysts have weighed in on CMTV shares. Weiss Ratings upgraded Community Bancorp from a “hold (c)” rating to a “buy (b)” rating in a research 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 MarketBeat.com, the stock currently has an average rating of “Buy”.

Community Bancorp Company Profile

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.