Compass, Inc. (NYSE:COMP) CEO Sells $291,457.56 in Stock

Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin sold 49,316 shares of the stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $5.91, for a total transaction of $291,457.56. Following the transaction, the chief executive officer now owns 2,950,684 shares in the company, valued at $17,438,542.44. The trade was a 1.64 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Compass Stock Performance

NYSE COMP opened at $5.88 on Friday. Compass, Inc. has a fifty-two week low of $2.89 and a fifty-two week high of $7.69. The stock has a market cap of $3.00 billion, a P/E ratio of -14.70 and a beta of 2.89. The stock has a 50 day simple moving average of $6.51 and a two-hundred day simple moving average of $5.50.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. 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 report on Wednesday, December 11th. Needham & Company LLC reaffirmed a “buy” rating and set a $8.00 price objective on shares of Compass in a research note on Tuesday, December 3rd. Oppenheimer boosted their target price on Compass from $8.50 to $9.50 and gave the company an “outperform” rating in a research note on Tuesday, December 3rd. The Goldman Sachs Group raised their price target on Compass from $7.00 to $8.00 and gave the stock a “buy” rating in a research report on Tuesday, December 3rd. Finally, UBS Group boosted their price objective on Compass from $4.40 to $6.50 and gave the company a “neutral” rating in a research report on Tuesday, October 22nd. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $6.72.

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.