Community Bancorp (NASDAQ:CMTV) Director Purchases $46,332.00 in Stock

Community Bancorp Inc (NASDAQ:CMTV) Director Wayne Lamberton acquired 1,350 shares of the business’s stock in a transaction on Monday, April 6th. The shares were bought at an average cost of $34.32 per share, with a total value of $46,332.00. Following the completion of the acquisition, the director owned 10,045 shares in the company, valued at approximately $344,744.40. This represents a 15.53% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Wayne Lamberton also recently made the following trade(s):

• On Tuesday, March 10th, Wayne Lamberton acquired 130 shares of Community Bancorp stock. The shares were bought at an average cost of $30.50 per share, with a total value of $3,965.00.
• On Monday, February 2nd, Wayne Lamberton acquired 2,000 shares of Community Bancorp stock. The shares were bought at an average cost of $31.19 per share, with a total value of $62,380.00.

Community Bancorp Trading Down 7.0%

CMTV traded down $2.47 during trading on Monday, reaching $33.01. 15,972 shares of the company traded hands, compared to its average volume of 63,121. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.94 and a quick ratio of 0.92. Community Bancorp Inc has a 12-month low of $16.99 and a 12-month high of $42.80. The firm has a market cap of $184.20 million, a P/E ratio of 10.97 and a beta of 0.25.

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

Community Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Wednesday, April 15th will be issued 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 3.0%. Community Bancorp’s dividend payout ratio (DPR) is 33.22%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Weiss Ratings raised shares of Community Bancorp from a “hold (c)” rating to a “buy (b)” rating in a report on Friday, March 20th. Wall Street Zen raised shares of Community Bancorp to a “hold” rating in a report on Saturday, March 28th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Community Bancorp currently has an average rating of “Buy”.

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.