Insider Buying: Community Bancorp (NASDAQ:CMTV) CEO Purchases $21,490.00 in Stock

Community Bancorp Inc (NASDAQ:CMTV) CEO Christopher Caldwell acquired 500 shares of the company’s stock in a transaction on Tuesday, November 3rd. The shares were acquired at an average price of $42.98 per share, for a total transaction of $21,490.00. Following the completion of the acquisition, the chief executive officer directly owned 12,500 shares in the company, valued at $537,250. The trade was a 4.17% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Community Bancorp Trading Up 1.7%

CMTV opened at $46.76 on Friday. Community Bancorp Inc has a 12-month low of $22.67 and a 12-month high of $48.40. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.95 and a quick ratio of 0.95. The stock has a market capitalization of $261.90 million, a PE ratio of 13.92 and a beta of 0.39. The firm’s fifty day moving average price is $41.70 and its 200 day moving average price is $38.88.

Community Bancorp (NASDAQ:CMTV) last posted its quarterly earnings results on Monday, October 26th. The company reported $0.91 EPS for the quarter. Community Bancorp had a return on equity of 16.03% and a net margin of 25.89%. The business had revenue of $13.56 million during the quarter.

Community Bancorp Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Sunday, November 1st. Investors of record on Thursday, October 15th were given a dividend of $0.26 per share. The ex-dividend date was Thursday, October 15th. This represents a $1.04 dividend on an annualized basis and a yield of 2.2%. This is an increase from Community Bancorp’s previous quarterly dividend of $0.25. Community Bancorp’s payout ratio is presently 30.95%.

Institutional Trading of Community Bancorp

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Addison Advisors LLC acquired a new stake in shares of Community Bancorp during the second quarter worth $33,000. Deutsche Bank AG acquired a new position in shares of Community Bancorp in the 2nd quarter valued at $195,000. Kestra Advisory Services LLC purchased a new position in Community Bancorp in the 1st quarter worth about $202,000. Bank of America Corp DE purchased a new position in Community Bancorp in the 1st quarter worth about $416,000. Finally, Bank of New York Mellon Corp acquired a new stake in Community Bancorp during the 2nd quarter worth about $467,000.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of Community Bancorp from a “buy (b)” rating to a “buy (a-)” rating in a report on Thursday, October 8th. One analyst has rated the stock with a Strong Buy rating. According to MarketBeat.com, the company presently has an average rating of “Strong Buy”.

Community Bancorp Company Profile

Community Bancorp is a bank holding company headquartered in Vermont. Through its principal subsidiary, Community National Bank, the company provides community banking services to individuals, families, farmers and businesses in northern Vermont and nearby areas.

Community National Bank offers a range of deposit products, residential and commercial real estate financing, agricultural and business loans, consumer lending and other credit services. Its banking services also include online and mobile banking, cash-management solutions and other products designed to support personal and commercial financial needs.

Community Bancorp has roots in Vermont community banking and operates through a network of branches and banking offices serving local communities across the state.