David Laforce Buys 895 Shares of Community Bancorp (NASDAQ:CMTV) Stock

Community Bancorp Inc (NASDAQ:CMTV) Director David Laforce purchased 895 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The stock was purchased at an average cost of $30.00 per share, for a total transaction of $26,850.00. Following the acquisition, the director owned 9,859 shares of the company’s stock, valued at approximately $295,770. This trade represents a 9.98% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

David Laforce also recently made the following trade(s):

• On Friday, February 20th, David Laforce acquired 140 shares of Community Bancorp stock. The shares were acquired at an average cost of $31.38 per share, with a total value of $4,393.20.

Community Bancorp Price Performance

NASDAQ:CMTV opened at $40.00 on Thursday. Community Bancorp Inc has a 52-week low of $16.99 and a 52-week high of $40.10. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.92 and a quick ratio of 0.92. The firm has a market cap of $223.60 million, a P/E ratio of 13.29 and a beta of 0.31.

Community Bancorp (NASDAQ:CMTV) last announced its 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 16.08% and a net margin of 24.67%.The business had revenue of $13.21 million for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings started coverage on shares of Community Bancorp in a research note on Thursday, February 12th. They issued a “hold (c)” rating on the stock. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

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.