David Laforce Acquires 895 Shares of Community Bancorp (NASDAQ:CMTV) Stock

Community Bancorp Inc (NASDAQ:CMTV) Director David Laforce bought 895 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The stock was bought at an average cost of $30.00 per share, for a total transaction of $26,850.00. Following the completion of the purchase, the director directly owned 9,859 shares of the company’s stock, valued at $295,770. This represents a 9.98% 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.

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 cost of $31.38 per share, for a total transaction of $4,393.20.

Community Bancorp Stock Up 2.5%

NASDAQ:CMTV traded up $1.00 during midday trading on Tuesday, hitting $40.49. The company had a trading volume of 3,887 shares, compared to its average volume of 11,748. The firm has a market capitalization of $226.34 million, a PE ratio of 13.45 and a beta of 0.31. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.92 and a current ratio of 0.92. Community Bancorp Inc has a 52-week low of $16.99 and a 52-week high of $39.98.

Community Bancorp (NASDAQ:CMTV) 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 assumed coverage on Community Bancorp in a research report on Thursday, February 12th. They issued a “hold (c)” rating for the company. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold”.

Community Bancorp Company Profile

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.