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 that occurred on Monday, April 6th. The shares were acquired at an average cost of $34.32 per share, for a total transaction of $46,332.00. Following the completion of the acquisition, the director owned 10,045 shares of the company’s stock, valued at $344,744.40. This trade represents a 15.53% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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 acquired at an average cost of $30.50 per share, for a total transaction of $3,965.00.
• On Monday, February 2nd, Wayne Lamberton acquired 2,000 shares of Community Bancorp stock. The shares were acquired at an average cost of $31.19 per share, for a total transaction of $62,380.00.

Community Bancorp Price Performance

Shares of CMTV stock opened at $35.90 on Thursday. The company has a market cap of $200.32 million, a P/E 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 Inc has a 52-week low of $16.99 and a 52-week high of $42.80.

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

Community Bancorp Dividend Announcement

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

Analyst Ratings Changes

CMTV has been the topic of several analyst reports. 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 research analyst has rated the stock with a Buy rating, According to MarketBeat.com, 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.