Compass, Inc. (NYSE:COMP) CEO Sells $6,134,125.90 in Stock

Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin sold 775,490 shares of the stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of $7.91, for a total transaction of $6,134,125.90. Following the sale, the chief executive officer now directly owns 363,646 shares of the company’s stock, valued at $2,876,439.86. This represents a 68.08 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Robert L. Reffkin also recently made the following trade(s):

• On Wednesday, February 19th, Robert L. Reffkin sold 2,000,000 shares of Compass stock. The stock was sold at an average price of $9.46, for a total transaction of $18,920,000.00.

Compass Trading Up 27.5 %

Shares of COMP stock traded up $2.19 during trading on Wednesday, hitting $10.17. The company’s stock had a trading volume of 29,344,343 shares, compared to its average volume of 6,290,134. The business has a fifty day moving average of $6.70 and a 200-day moving average of $6.20. The company has a market cap of $5.19 billion, a PE ratio of -25.43 and a beta of 2.95. Compass, Inc. has a 52 week low of $2.89 and a 52 week high of $10.25.

Compass (NYSE:COMP) last announced its earnings results on Tuesday, February 18th. The company reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.10) by $0.02. The firm had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.38 billion. Compass had a negative return on equity of 49.45% and a negative net margin of 3.70%. During the same period last year, the firm posted ($0.09) EPS. As a group, research analysts predict that Compass, Inc. will post -0.33 EPS for the current year.

Analyst Ratings Changes

Several research firms have weighed in on COMP. Barclays lifted their price target 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. Oppenheimer lifted their price objective on shares of Compass from $12.00 to $13.00 and gave the company an “outperform” rating in a report on Wednesday. The Goldman Sachs Group upped their target price on shares of Compass from $8.00 to $9.00 and gave the stock a “buy” rating in a report on Wednesday. Needham & Company LLC lifted their price target on Compass from $10.00 to $12.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Morgan Stanley increased their price objective on Compass from $6.00 to $8.50 and gave the stock an “equal weight” rating in a research note on Wednesday. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, Compass has an average rating of “Moderate Buy” and an average price target of $8.69.

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.