Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin Sells 804,893 Shares

Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin sold 804,893 shares of the firm’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $5.91, for a total value of $4,756,917.63. Following the completion of the sale, the chief executive officer now directly owns 2,145,791 shares in the company, valued at approximately $12,681,624.81. This trade represents a 27.28 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Compass Price Performance

COMP opened at $5.59 on Thursday. The company has a market capitalization of $2.85 billion, a PE ratio of -13.97 and a beta of 2.92. Compass, Inc. has a fifty-two week low of $2.89 and a fifty-two week high of $7.69. The business has a 50-day moving average of $6.51 and a 200-day moving average of $5.56.

Analyst Upgrades and Downgrades

COMP has been the subject of a number of analyst reports. Needham & Company LLC reissued a “buy” rating and set a $8.00 target price on shares of Compass in a research note on Tuesday, December 3rd. The Goldman Sachs Group boosted their price objective on Compass from $7.00 to $8.00 and gave the stock a “buy” rating in a research note on Tuesday, December 3rd. Oppenheimer boosted their target price on shares of Compass from $8.50 to $9.50 and gave the stock an “outperform” rating in a report on Tuesday, December 3rd. Barclays increased their target price on shares of Compass from $6.00 to $7.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 11th. Finally, UBS Group lifted their price target on shares of Compass from $4.40 to $6.50 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $6.72.

About Compass

Compass, Inc provides real estate brokerage services in the United States. It operates a cloud-based platform that provides an integrated suite of software for customer relationship management, marketing, client service, operations, and other functionality in the real estate industry. The company offers mobile apps that allow agents to manage their business anytime and anywhere, as well as designs consumer-grade user interfaces, automated and simplified workflows for agent-client interactions, and insight-rich dashboards and reports.