CompoSecure, Inc. (NASDAQ:CMPO) COO Sells $904,246.80 in Stock

CompoSecure, Inc. (NASDAQ:CMPO) COO Gregoire Maes sold 55,137 shares of the stock in a transaction that occurred on Friday, December 6th. The stock was sold at an average price of $16.40, for a total transaction of $904,246.80. Following the completion of the sale, the chief operating officer now owns 762,009 shares in the company, valued at $12,496,947.60. This represents a 6.75 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Gregoire Maes also recently made the following trade(s):

• On Friday, November 29th, Gregoire Maes sold 540 shares of CompoSecure stock. The stock was sold at an average price of $16.20, for a total transaction of $8,748.00.
• On Wednesday, November 27th, Gregoire Maes sold 24,323 shares of CompoSecure stock. The stock was sold at an average price of $16.25, for a total transaction of $395,248.75.

CompoSecure Stock Performance

CMPO stock opened at $16.46 on Thursday. CompoSecure, Inc. has a 52 week low of $4.61 and a 52 week high of $16.77. The firm’s fifty day moving average is $15.08 and its 200 day moving average is $11.26. The firm has a market cap of $1.45 billion, a P/E ratio of -37.02, a P/E/G ratio of 1.28 and a beta of 0.76.

CompoSecure (NASDAQ:CMPO) last released its earnings results on Friday, November 8th. The company reported $0.27 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.02). The business had revenue of $107.14 million for the quarter, compared to the consensus estimate of $105.11 million. CompoSecure had a negative net margin of 5.63% and a negative return on equity of 14.87%. During the same period in the prior year, the business posted $0.24 EPS. As a group, analysts forecast that CompoSecure, Inc. will post 1.02 EPS for the current year.

Institutional Investors Weigh In On CompoSecure

A number of large investors have recently added to or reduced their stakes in CMPO. CWM LLC grew its holdings 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 acquiring an additional 2,461 shares during the last quarter. Sandia Investment Management LP bought a new stake in CompoSecure in the 2nd quarter worth $68,000. nVerses Capital LLC bought a new stake in CompoSecure in the 3rd quarter worth $72,000. Wolverine Asset Management LLC purchased a new stake in shares of CompoSecure in the 3rd quarter worth about $74,000. Finally, FMR LLC lifted its position in shares of CompoSecure by 693.0% in the 3rd quarter. FMR LLC now owns 5,900 shares of the company’s stock worth $83,000 after purchasing an additional 5,156 shares during the period. Institutional investors own 37.56% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on CMPO. B. Riley increased their price target on shares of CompoSecure from $18.00 to $23.00 and gave the stock a “buy” rating in a report on Monday, November 11th. Compass Point increased their price target on shares of CompoSecure from $11.50 to $14.50 and gave the stock a “buy” rating in a report on Tuesday, August 20th. Needham & Company LLC reissued a “buy” rating and issued a $16.00 price target on shares of CompoSecure in a report on Monday, November 11th. Benchmark reissued a “buy” rating and issued a $17.00 price target on shares of CompoSecure in a report on Tuesday, November 12th. Finally, Lake Street Capital increased their price target on shares of CompoSecure from $14.00 to $18.00 and gave the stock a “buy” rating in a report on Wednesday, October 2nd. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $16.36.

CompoSecure Company Profile

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.