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

Community Bancorp Inc (NASDAQ:CMTV) CEO Christopher Caldwell acquired 500 shares of the company’s stock in a transaction dated Tuesday, November 3rd. The shares were purchased at an average price of $42.98 per share, for a total transaction of $21,490.00. Following the purchase, the chief executive officer directly owned 12,500 shares of the company’s stock, valued at approximately $537,250. This trade represents a 4.17% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Community Bancorp Stock Down 0.2%

Shares of NASDAQ CMTV traded down $0.10 during trading on Tuesday, reaching $42.80. 2,791 shares of the stock were exchanged, compared to its average volume of 31,670. The company has a market capitalization of $239.69 million, a price-to-earnings ratio of 12.74 and a beta of 0.38. The business’s 50-day moving average price is $41.41 and its 200 day moving average price is $38.77. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.11. Community Bancorp Inc has a twelve month low of $22.67 and a twelve month high of $43.95.

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

Community Bancorp Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Sunday, November 1st. Stockholders of record on Thursday, October 15th were paid a dividend of $0.26 per share. This is a boost from Community Bancorp’s previous quarterly dividend of $0.25. This represents a $1.04 annualized dividend and a dividend yield of 2.4%. The ex-dividend date was Thursday, October 15th. Community Bancorp’s payout ratio is 30.95%.

Institutional Trading of Community Bancorp

Several institutional investors have recently added to or reduced their stakes in CMTV. Addison Advisors LLC bought a new position in Community Bancorp during the 2nd quarter valued at $33,000. The Manufacturers Life Insurance Company increased its position in shares of Community Bancorp by 2.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 63,174 shares of the company’s stock worth $2,470,000 after purchasing an additional 1,467 shares during the last quarter. Deutsche Bank AG acquired a new stake in shares of Community Bancorp in the 2nd quarter valued at about $195,000. Kestra Advisory Services LLC acquired a new stake in shares of Community Bancorp in the 1st quarter valued at about $202,000. Finally, Bank of New York Mellon Corp bought a new position in shares of Community Bancorp during the second quarter worth about $467,000.

Wall Street Analysts Forecast Growth

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

About Community Bancorp

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.