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

CompoSecure, Inc. (NASDAQ:CMPO) COO Gregoire Maes sold 55,137 shares of the company’s stock in a transaction that occurred on Friday, December 6th. The stock was sold at an average price of $16.40, for a total value of $904,246.80. Following the completion of the transaction, the chief operating officer now owns 762,009 shares of the company’s stock, valued at $12,496,947.60. The trade was a 6.75 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 shares were sold at an average price of $16.25, for a total transaction of $395,248.75.

CompoSecure Stock Down 1.1 %

CMPO stock opened at $15.99 on Tuesday. CompoSecure, Inc. has a twelve month low of $4.61 and a twelve month high of $16.77. The stock has a market capitalization of $1.41 billion, a price-to-earnings ratio of -36.34, a price-to-earnings-growth ratio of 1.28 and a beta of 0.76. The firm’s fifty day simple moving average is $14.99 and its two-hundred day simple moving average is $11.12.

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

Wall Street Analyst Weigh In

Several research firms have weighed in on CMPO. Needham & Company LLC restated a “buy” rating and set 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 target price on shares of CompoSecure in a report on Tuesday, November 12th. Compass Point boosted their price target on shares of CompoSecure from $11.50 to $14.50 and gave the stock a “buy” rating in a research report on Tuesday, August 20th. Lake Street Capital increased their price objective on shares of CompoSecure from $14.00 to $18.00 and gave the company a “buy” rating in a research report on Wednesday, October 2nd. Finally, JPMorgan Chase & Co. boosted their target price on shares of CompoSecure from $12.00 to $16.00 and gave the stock a “neutral” rating in a report on Monday, December 2nd. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $16.36.

Institutional Trading of CompoSecure

Several institutional investors and hedge funds have recently made changes to their positions in CMPO. Pacific Ridge Capital Partners LLC grew its holdings in shares of CompoSecure by 146.9% in the second quarter. Pacific Ridge Capital Partners LLC now owns 486,462 shares of the company’s stock worth $3,308,000 after purchasing an additional 289,451 shares during the last quarter. Renaissance Technologies LLC grew its stake in CompoSecure by 165.4% in the 2nd quarter. Renaissance Technologies LLC now owns 209,389 shares of the company’s stock worth $1,424,000 after acquiring an additional 130,489 shares in the last quarter. Bailard Inc. bought a new position in CompoSecure in the 2nd quarter worth about $259,000. Rhumbline Advisers increased its position in shares of CompoSecure by 17.3% during the second quarter. Rhumbline Advisers now owns 19,521 shares of the company’s stock worth $133,000 after acquiring an additional 2,877 shares during the period. Finally, Rice Hall James & Associates LLC bought a new stake in shares of CompoSecure during the third quarter valued at approximately $3,766,000. 37.56% of the stock is currently owned by institutional investors.

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.