Wall Street Zen Upgrades Community Bancorp (NASDAQ:CMTV) to “Hold”

Community Bancorp (NASDAQ:CMTV) was upgraded by stock analysts at Wall Street Zen to a “hold” rating in a research note issued to investors on Saturday.

Separately, Weiss Ratings upgraded Community Bancorp from a “hold (c)” rating to a “buy (b)” rating in a research report on Friday, March 20th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy”.

Community Bancorp Stock Performance

Shares of NASDAQ:CMTV opened at $33.62 on Friday. Community Bancorp has a 12-month low of $16.99 and a 12-month high of $42.80. The company has a market cap of $187.87 million, a PE ratio of 11.17 and a beta of 0.31. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.92 and a quick ratio of 0.92.

Community Bancorp (NASDAQ:CMTV) last announced its earnings results on Tuesday, January 27th. The company reported $0.83 earnings per share for the quarter. The company had revenue of $13.21 million for the quarter. Community Bancorp had a return on equity of 16.08% and a net margin of 24.67%.

Insider Buying and Selling at Community Bancorp

In other Community Bancorp news, Director David Laforce purchased 895 shares of the stock in a transaction dated Tuesday, March 3rd. The stock was bought at an average price of $30.00 per share, with a total value of $26,850.00. Following the acquisition, the director owned 9,859 shares of the company’s stock, valued at approximately $295,770. This represents a 9.98% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Christopher L. Caldwell acquired 1,000 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The shares were acquired at an average price of $31.77 per share, with a total value of $31,770.00. Following the completion of the transaction, the chief executive officer owned 11,000 shares in the company, valued at $349,470. The trade was a 10.00% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders have acquired 5,528 shares of company stock valued at $173,116. 8.50% of the stock is currently owned by corporate insiders.

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.