Bradley K. Serwin Sells 137,472 Shares of Compass, Inc. (NYSE:COMP) Stock

Compass, Inc. (NYSE:COMP) General Counsel Bradley K. Serwin sold 137,472 shares of the company’s stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $9.16, for a total transaction of $1,259,243.52. Following the sale, the general counsel now directly owns 221,595 shares in the company, valued at $2,029,810.20. This trade represents a 38.29 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Compass Stock Performance

Shares of Compass stock opened at $9.01 on Friday. Compass, Inc. has a 52-week low of $2.89 and a 52-week high of $10.25. The stock has a market capitalization of $4.60 billion, a price-to-earnings ratio of -29.05 and a beta of 2.95. The company has a fifty day moving average of $6.80 and a 200-day moving average of $6.26.

Compass (NYSE:COMP) last announced its quarterly earnings data on Tuesday, February 18th. The company reported ($0.08) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.02. Compass had a negative net margin of 2.74% and a negative return on equity of 39.72%. The company had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $1.38 billion. During the same quarter in the prior year, the company earned ($0.09) EPS. On average, equities research analysts forecast that Compass, Inc. will post 0.08 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Needham & Company LLC increased their price target on shares of Compass from $10.00 to $12.00 and gave the stock a “buy” rating in a report on Wednesday. The Goldman Sachs Group increased their price target on shares of Compass from $8.00 to $9.00 and gave the stock a “buy” rating in a report on Wednesday. Oppenheimer increased their price target on shares of Compass from $12.00 to $13.00 and gave the stock an “outperform” rating in a report on Wednesday. UBS Group increased their price target on shares of Compass from $11.00 to $12.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Morgan Stanley increased their price target on shares of Compass from $6.00 to $8.50 and gave the stock an “equal weight” rating in a report on Wednesday. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $8.69.

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.