Key Points
- Director David Laforce purchased 895 shares at $30 on March 3 for $26,850, increasing his direct stake to 9,859 shares — a 9.98% ownership increase.
- Community Bancorp reported $0.83 EPS and $13.21 million in revenue for the quarter, with a net margin of 24.67% and a return on equity of 16.08%.
- Shares trade near their 52-week high ($39.98) with a market cap of about $221.3 million and a P/E of 13.15, and analysts' consensus rating is Hold following Weiss Ratings' initiation.
Community Bancorp Inc (NASDAQ:CMTV - Get Free Report) Director David Laforce bought 895 shares of the business's stock in a transaction that occurred on Tuesday, March 3rd. The shares were bought at an average price of $30.00 per share, with a total value of $26,850.00. Following the transaction, the director directly owned 9,859 shares in the company, valued at $295,770. This trade represents a 9.98% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
David Laforce also recently made the following trade(s):
- On Friday, February 20th, David Laforce purchased 140 shares of Community Bancorp stock. The stock was bought at an average price of $31.38 per share, for a total transaction of $4,393.20.
Community Bancorp Price Performance
Shares of NASDAQ CMTV opened at $39.58 on Wednesday. Community Bancorp Inc has a 52-week low of $16.99 and a 52-week high of $39.98. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.92 and a quick ratio of 0.92. The firm has a market cap of $221.25 million, a price-to-earnings ratio of 13.15 and a beta of 0.31.
Community Bancorp (NASDAQ:CMTV - Get Free Report) last announced its earnings results on Tuesday, January 27th. The company reported $0.83 earnings per share (EPS) for the quarter. The business had revenue of $13.21 million during the quarter. Community Bancorp had a net margin of 24.67% and a return on equity of 16.08%.
Analyst Ratings Changes
Separately, Weiss Ratings initiated coverage on Community Bancorp in a research note on Thursday, February 12th. They issued a "hold (c)" rating on the stock. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of "Hold".
View Our Latest Report on CMTV
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.
Read More
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].
