Community Bancorp (NASDAQ:CMTV) Upgraded by Wall Street Zen to “Hold” Rating

Community Bancorp (NASDAQ:CMTV) was upgraded by equities research analysts at Wall Street Zen to a “hold” rating in a research report issued to clients and investors on Saturday.

Separately, Weiss Ratings upgraded Community Bancorp from a “hold (c)” rating to a “buy (b)” rating in a report on Friday, March 20th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy”.

Community Bancorp Price Performance

Shares of CMTV stock opened at $33.62 on Friday. Community Bancorp has a 12 month low of $16.99 and a 12 month high of $42.80. The firm has a market capitalization of $187.87 million, a PE ratio of 11.17 and a beta of 0.31. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.92 and a current ratio of 0.92.

Community Bancorp (NASDAQ:CMTV) last released its earnings results on Tuesday, January 27th. The company reported $0.83 earnings per share for the quarter. Community Bancorp had a net margin of 24.67% and a return on equity of 16.08%. The business had revenue of $13.21 million during the quarter.

Insider Buying and Selling

In other Community Bancorp news, Director Wayne Lamberton purchased 2,000 shares of the business’s stock in a transaction on Monday, February 2nd. The stock was acquired at an average price of $31.19 per share, with a total value of $62,380.00. Following the acquisition, the director directly owned 8,565 shares of the company’s stock, valued at $267,142.35. This trade represents a 30.46% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Christopher L. Caldwell acquired 1,000 shares of Community Bancorp stock in a transaction on Monday, February 2nd. The shares were bought at an average cost of $31.77 per share, with a total value of $31,770.00. Following the completion of the transaction, the chief executive officer owned 11,000 shares of the company’s stock, valued at approximately $349,470. This trade represents a 10.00% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last three months, insiders have acquired 5,528 shares of company stock valued at $173,116. 8.50% of the stock is owned by insiders.

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.