Community Bancorp (NASDAQ:CMTV) Stock: Insider Christopher Caldwell Purchases 500 Shares

Community Bancorp Inc (NASDAQ:CMTV) CEO Christopher Caldwell purchased 500 shares of the business’s stock in a transaction dated Tuesday, November 3rd. The stock was bought at an average price of $42.98 per share, for a total transaction of $21,490.00. Following the completion of the acquisition, the chief executive officer owned 12,500 shares of the company’s stock, valued at approximately $537,250. The trade was a 4.17% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.

Community Bancorp Price Performance

Community Bancorp stock opened at $45.96 on Thursday. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.95 and a quick ratio of 0.95. The stock has a market cap of $257.38 million, a price-to-earnings ratio of 12.84 and a beta of 0.39. The firm has a 50-day moving average of $41.57 and a two-hundred day moving average of $38.84. Community Bancorp Inc has a 1 year low of $22.67 and a 1 year high of $46.26.

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

Community Bancorp Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Sunday, November 1st. Investors of record on Thursday, October 15th were paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 2.3%. This is a boost from Community Bancorp’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Thursday, October 15th. Community Bancorp’s payout ratio is currently 30.95%.

Analyst Upgrades and Downgrades

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

Institutional Investors Weigh In On Community Bancorp

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. State Street Corp lifted its stake in shares of Community Bancorp by 488.0% during the second quarter. State Street Corp now owns 56,153 shares of the company’s stock worth $2,196,000 after buying an additional 46,603 shares during the period. The Manufacturers Life Insurance Company purchased a new position in shares of Community Bancorp in the first quarter worth about $1,919,000. Community Financial Services Group LLC acquired a new position in Community Bancorp in the 2nd quarter worth approximately $27,254,000. Silverlake Wealth Management LLC acquired a new stake in Community Bancorp during the 2nd quarter valued at approximately $2,438,000. Finally, BlackRock Inc. purchased a new stake in shares of Community Bancorp in the 2nd quarter valued at $12,911,000.

Community Bancorp Company Profile

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.