Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin Sells 224,510 Shares

Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin sold 224,510 shares of the stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $7.90, for a total value of $1,773,629.00. Following the transaction, the chief executive officer now directly owns 1,139,136 shares of the company’s stock, valued at approximately $8,999,174.40. This trade represents a 16.46 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Compass Trading Up 0.8 %

Shares of COMP opened at $7.56 on Friday. Compass, Inc. has a 12-month low of $2.89 and a 12-month high of $7.95. The stock has a market cap of $3.86 billion, a P/E ratio of -18.90 and a beta of 2.95. The company has a 50-day moving average of $6.58 and a two-hundred day moving average of $6.08.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on COMP shares. UBS Group upgraded Compass from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $7.00 to $11.00 in a research report on Tuesday. The Goldman Sachs Group increased their price target on shares of Compass from $7.00 to $8.00 and gave the company a “buy” rating in a report on Tuesday, December 3rd. Barclays raised their price objective 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. Needham & Company LLC restated a “buy” rating and set a $10.00 target price on shares of Compass in a research report on Thursday, January 16th. Finally, Oppenheimer lifted their price target on shares of Compass from $8.50 to $9.50 and gave the company an “outperform” rating in a research report on Tuesday, December 3rd. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $7.65.

Compass Company Profile

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.