Robert L. Reffkin Sells 804,893 Shares of Compass, Inc. (NYSE:COMP) Stock

Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin sold 804,893 shares of the business’s stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $5.91, for a total value of $4,756,917.63. Following the completion of the sale, the chief executive officer now owns 2,145,791 shares of the company’s stock, valued at approximately $12,681,624.81. This trade represents a 27.28 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Compass Price Performance

Shares of Compass stock opened at $5.59 on Friday. The company’s 50 day moving average price is $6.50 and its two-hundred day moving average price is $5.56. The firm has a market capitalization of $2.85 billion, a P/E ratio of -13.97 and a beta of 2.92. Compass, Inc. has a fifty-two week low of $2.89 and a fifty-two week high of $7.69.

Analyst Ratings Changes

Several brokerages have weighed in on COMP. Oppenheimer lifted their price objective on Compass from $8.50 to $9.50 and gave the company an “outperform” rating in a report on Tuesday, December 3rd. UBS Group upped their price objective on shares of Compass from $4.40 to $6.50 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. The Goldman Sachs Group raised their target price 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 upped their price target on shares of Compass from $6.00 to $7.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 11th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $8.00 price objective on shares of Compass in a research note on Tuesday, December 3rd. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $6.72.

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.