CompoSecure, Inc. (NASDAQ:CMPO - Get Free Report) insider Adam Joseph Lowe sold 34,310 shares of the business's stock in a transaction on Friday, December 6th. The stock was sold at an average price of $16.24, for a total transaction of $557,194.40. Following the completion of the sale, the insider now directly owns 1,315,068 shares in the company, valued at approximately $21,356,704.32. This represents a 2.54 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Adam Joseph Lowe also recently made the following trade(s):
- On Monday, December 9th, Adam Joseph Lowe sold 66,350 shares of CompoSecure stock. The shares were sold at an average price of $15.91, for a total transaction of $1,055,628.50.
- On Wednesday, September 11th, Adam Joseph Lowe sold 5,730 shares of CompoSecure stock. The stock was sold at an average price of $12.05, for a total transaction of $69,046.50.
CompoSecure Price Performance
NASDAQ:CMPO opened at $16.29 on Wednesday. The company has a market cap of $1.44 billion, a P/E ratio of -36.48, a P/E/G ratio of 1.28 and a beta of 0.76. The firm's fifty day moving average price is $15.03 and its two-hundred day moving average price is $11.19. CompoSecure, Inc. has a one year low of $4.61 and a one year high of $16.77.
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CompoSecure (NASDAQ:CMPO - Get Free Report) last issued its quarterly earnings data on Friday, November 8th. The company reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.02). CompoSecure had a negative return on equity of 14.87% and a negative net margin of 5.63%. The company had revenue of $107.14 million for the quarter, compared to analyst estimates of $105.11 million. During the same quarter last year, the business earned $0.24 earnings per share. As a group, equities research analysts expect that CompoSecure, Inc. will post 1.02 earnings per share for the current year.
Institutional Trading of CompoSecure
Several institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of CompoSecure by 1.6% during the first quarter. Vanguard Group Inc. now owns 843,476 shares of the company's stock worth $6,098,000 after buying an additional 13,081 shares in the last quarter. CWM LLC raised its stake in CompoSecure by 205.9% in the 2nd quarter. CWM LLC now owns 3,656 shares of the company's stock worth $25,000 after purchasing an additional 2,461 shares in the last quarter. Bailard Inc. bought a new stake in CompoSecure in the 2nd quarter valued at about $259,000. Bank of New York Mellon Corp increased its holdings in shares of CompoSecure by 16.0% during the second quarter. Bank of New York Mellon Corp now owns 50,031 shares of the company's stock worth $340,000 after purchasing an additional 6,891 shares during the period. Finally, Ritholtz Wealth Management bought a new position in shares of CompoSecure during the second quarter worth approximately $84,000. 37.56% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Several analysts recently issued reports on CMPO shares. Compass Point upped their target price on CompoSecure from $11.50 to $14.50 and gave the stock a "buy" rating in a report on Tuesday, August 20th. JPMorgan Chase & Co. upped their price objective on CompoSecure from $12.00 to $16.00 and gave the stock a "neutral" rating in a research note on Monday, December 2nd. Needham & Company LLC reissued a "buy" rating and issued a $16.00 target price on shares of CompoSecure in a research note on Monday, November 11th. B. Riley upped their price target on shares of CompoSecure from $18.00 to $23.00 and gave the stock a "buy" rating in a research report on Monday, November 11th. Finally, Benchmark reiterated a "buy" rating and issued a $17.00 price target on shares of CompoSecure in a research note on Tuesday, November 12th. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $16.36.
Check Out Our Latest Report on CMPO
About CompoSecure
(
Get Free Report)
CompoSecure, Inc manufactures and designs metal, composite, and proprietary financial transaction cards in the United States and internationally. Its primary metal form factors include embedded, metal veneer lite, metal veneer, and full metal products. The company also offers Arculus Cold Storage Wallet, a three-factor authentication solution, which supports specific digital assets, including Bitcoin, Ethereum, non-fungible tokens and others.
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