Key Points
- CFO Louise Bonvechio purchased 763 shares on March 12 at an average price of $32.75 for $24,988.25, raising her direct stake to 12,009 shares (a 6.78% increase); the transaction was disclosed in an SEC filing.
- Community Bancorp reported quarterly earnings of $0.83 per share with a 16.08% ROE and 24.67% net margin on $13.21M revenue, while the stock recently traded at $38.94 (near its 12‑month high) and carries a market cap of about $217.7M and a P/E of 12.94.
- Analyst coverage is limited and cautious: Weiss Ratings initiated coverage with a "Hold (c)" and the MarketBeat consensus rating is currently Hold.
Community Bancorp Inc (NASDAQ:CMTV - Get Free Report) CFO Louise Bonvechio bought 763 shares of the stock in a transaction that occurred on Thursday, March 12th. The stock was bought at an average cost of $32.75 per share, for a total transaction of $24,988.25. Following the completion of the purchase, the chief financial officer directly owned 12,009 shares of the company's stock, valued at $393,294.75. This represents a 6.78% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Community Bancorp Stock Performance
Shares of Community Bancorp stock traded up $1.01 on Friday, hitting $38.94. 31,890 shares of the company traded hands, compared to its average volume of 11,278. Community Bancorp Inc has a 12-month low of $16.99 and a 12-month high of $39.49. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.92 and a current ratio of 0.92. The stock has a market cap of $217.67 million, a P/E ratio of 12.94 and a beta of 0.31.
Community Bancorp (NASDAQ:CMTV - Get Free Report) last released its quarterly 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.
Analysts Set New Price Targets
Separately, Weiss Ratings initiated coverage on shares of Community Bancorp in a report on Thursday, February 12th. They issued a "hold (c)" rating for the company. One analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of "Hold".
View Our Latest Stock Report on Community Bancorp
Community Bancorp Company Profile
(
Get Free Report)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
