Key Points
- CEO purchase: On April 6, CEO Christopher Caldwell bought 1,000 shares at $35.30 each for $35,300, raising his holdings to 12,000 shares (a 9.09% increase).
- Dividend announced: The company declared a quarterly dividend of $0.25 per share (annualized $1.00), with an ex-dividend date of April 15 and a payment date of May 1, implying a ~3.0% yield.
- Stock and fundamentals: CMTV opened at $33.01 (down ~7%), has a market cap of $184.2M and a P/E of 10.97; last quarter EPS was $0.83 with a ROE of 15.77% and net margin of 24.67%.
Community Bancorp Inc (NASDAQ:CMTV - Get Free Report) CEO Christopher Caldwell bought 1,000 shares of Community Bancorp stock in a transaction that occurred on Monday, April 6th. The stock was bought at an average cost of $35.30 per share, for a total transaction of $35,300.00. Following the purchase, the chief executive officer owned 12,000 shares in the company, valued at $423,600. This represents a 9.09% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Community Bancorp Stock Down 7.0%
CMTV stock opened at $33.01 on Tuesday. Community Bancorp Inc has a 1 year low of $16.99 and a 1 year high of $42.80. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.92 and a current ratio of 0.94. The company has a market capitalization of $184.20 million, a P/E ratio of 10.97 and a beta of 0.25.
Community Bancorp (NASDAQ:CMTV - Get Free Report) last issued 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 15.77% and a net margin of 24.67%.The company had revenue of $13.21 million for the quarter.
Community Bancorp Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Wednesday, April 15th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Wednesday, April 15th. Community Bancorp's dividend payout ratio is presently 33.22%.
Wall Street Analyst Weigh In
Several brokerages recently issued reports on CMTV. Wall Street Zen upgraded Community Bancorp to a "hold" rating in a report on Saturday, March 28th. Weiss Ratings upgraded Community Bancorp from a "hold (c)" rating to a "buy (b)" rating in a report on Friday, March 20th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of "Buy".
Read Our Latest Analysis on CMTV
About Community Bancorp
(
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.
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