Community Bancorp (NASDAQ:CMTV) CEO Christopher Caldwell Buys 500 Shares of Company Stock

Community Bancorp Inc (NASDAQ:CMTV) CEO Christopher Caldwell acquired 500 shares of the firm’s stock in a transaction on Tuesday, November 3rd. The shares were bought at an average cost of $42.98 per share, with a total value of $21,490.00. Following the completion of the acquisition, the chief executive officer directly owned 12,500 shares in the company, valued at approximately $537,250. This represents a 4.17% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Community Bancorp Stock Performance

Shares of Community Bancorp stock opened at $43.14 on Wednesday. Community Bancorp Inc has a 52 week low of $22.67 and a 52 week high of $43.95. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.11. The business has a 50 day moving average price of $41.47 and a 200-day moving average price of $38.80. The company has a market cap of $241.58 million, a PE ratio of 12.77 and a beta of 0.39.

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

Community Bancorp Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Sunday, November 1st. Shareholders of record on Thursday, October 15th were paid a dividend of $0.26 per share. This is a boost from Community Bancorp’s previous quarterly dividend of $0.25. The ex-dividend date was Thursday, October 15th. This represents a $1.04 annualized dividend and a yield of 2.4%. Community Bancorp’s dividend payout ratio (DPR) is 30.95%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. State Street Corp raised its stake in shares of Community Bancorp by 488.0% during the 2nd quarter. State Street Corp now owns 56,153 shares of the company’s stock worth $2,196,000 after purchasing an additional 46,603 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in shares of Community Bancorp by 2.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 63,174 shares of the company’s stock worth $2,470,000 after buying an additional 1,467 shares during the last quarter. Addison Advisors LLC bought a new position in Community Bancorp during the second quarter valued at about $33,000. BlackRock Inc. purchased a new stake in Community Bancorp during the second quarter worth about $12,911,000. Finally, Deutsche Bank AG purchased a new stake in Community Bancorp during the second quarter worth about $195,000.

Wall Street Analyst Weigh In

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

About Community Bancorp

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.