Community Bancorp (NASDAQ:CMTV) CEO Acquires $35,300.00 in Stock

Community Bancorp Inc (NASDAQ:CMTV) CEO Christopher Caldwell bought 1,000 shares of the firm’s stock in a transaction on Monday, April 6th. The shares were purchased at an average price of $35.30 per share, for a total transaction of $35,300.00. Following the completion of the transaction, the chief executive officer owned 12,000 shares of the company’s stock, valued at $423,600. This represents a 9.09% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Community Bancorp Stock Down 7.0%

CMTV traded down $2.47 during trading on Monday, reaching $33.01. 15,972 shares of the stock were exchanged, compared to its average volume of 63,121. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.92 and a current ratio of 0.94. 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 Inc has a 1 year low of $16.99 and a 1 year high of $42.80.

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

Community Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Wednesday, April 15th will be given a dividend of $0.25 per share. 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 payout ratio is presently 33.22%.

Analyst Upgrades and Downgrades

A number of research firms have commented on CMTV. 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 research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average 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.