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

Community Bancorp Inc (NASDAQ:CMTV) CEO Christopher Caldwell purchased 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, for a total transaction of $35,300.00. Following the transaction, the chief executive officer owned 12,000 shares of the company’s stock, valued at approximately $423,600. This trade represents a 9.09% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Community Bancorp Price Performance

NASDAQ:CMTV opened at $35.90 on Thursday. Community Bancorp Inc has a 12 month low of $16.99 and a 12 month high of $42.80. The company has a market capitalization of $200.32 million, a PE ratio of 11.93 and a beta of 0.25. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.92 and a current ratio of 0.94.

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

Community Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Wednesday, April 15th will be given a $0.25 dividend. The ex-dividend date of this dividend is Wednesday, April 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.8%. Community Bancorp’s dividend payout ratio (DPR) is currently 33.22%.

Analyst Upgrades and Downgrades

CMTV has been the topic of a number of recent analyst reports. Weiss Ratings raised shares of Community Bancorp from a “hold (c)” rating to a “buy (b)” rating in a research report on Friday, March 20th. Wall Street Zen raised shares of 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 company presently 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.