Insider Selling: CompoSecure, Inc. (NASDAQ:CMPO) Insider Sells $497,700.00 in Stock

CompoSecure, Inc. (NASDAQ:CMPOGet Free Report) insider Adam Joseph Lowe sold 45,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 14th. The stock was sold at an average price of $11.06, for a total transaction of $497,700.00. Following the completion of the transaction, the insider now directly owns 1,292,219 shares in the company, valued at approximately $14,291,942.14. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

CompoSecure Price Performance

CompoSecure stock opened at $11.07 on Monday. The stock has a market cap of $892.14 million, a P/E ratio of 11.42, a PEG ratio of 1.01 and a beta of 0.71. CompoSecure, Inc. has a 1 year low of $4.61 and a 1 year high of $11.20. The firm’s 50 day moving average price is $7.71 and its 200-day moving average price is $6.71.

CompoSecure (NASDAQ:CMPOGet Free Report) last released its quarterly earnings data on Wednesday, August 7th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.01. The firm had revenue of $108.57 million for the quarter, compared to analysts’ expectations of $102.22 million. CompoSecure had a net margin of 5.14% and a negative return on equity of 11.00%. During the same quarter last year, the business posted $0.25 earnings per share. As a group, equities analysts expect that CompoSecure, Inc. will post 1.07 EPS for the current year.

Institutional Investors Weigh In On CompoSecure

Several institutional investors and hedge funds have recently modified their holdings of CMPO. Grizzlyrock Capital LLC bought a new stake in shares of CompoSecure during the fourth quarter valued at approximately $3,223,000. Wellington Management Group LLP increased its position in CompoSecure by 69.2% in the fourth quarter. Wellington Management Group LLP now owns 601,548 shares of the company’s stock worth $3,248,000 after purchasing an additional 246,094 shares during the last quarter. GSA Capital Partners LLP increased its position in CompoSecure by 87.9% in the first quarter. GSA Capital Partners LLP now owns 103,875 shares of the company’s stock worth $751,000 after purchasing an additional 48,586 shares during the last quarter. Pacific Ridge Capital Partners LLC bought a new stake in CompoSecure in the first quarter worth $1,424,000. Finally, Vanguard Group Inc. increased its position in CompoSecure by 1.6% in the first quarter. Vanguard Group Inc. now owns 843,476 shares of the company’s stock worth $6,098,000 after purchasing an additional 13,081 shares during the last quarter. Institutional investors own 37.56% of the company’s stock.

Wall Street Analyst Weigh In

CMPO has been the topic of a number of research reports. Benchmark raised their price objective on shares of CompoSecure from $10.00 to $12.00 and gave the stock a “buy” rating in a report on Thursday, August 8th. Needham & Company LLC lifted their price target on shares of CompoSecure from $15.00 to $16.00 and gave the company a “buy” rating in a report on Thursday, August 8th. B. Riley lifted their price target on shares of CompoSecure from $17.00 to $18.00 and gave the company a “buy” rating in a report on Friday, May 10th. Lake Street Capital started coverage on shares of CompoSecure in a report on Thursday, June 27th. They set a “buy” rating and a $12.00 price target on the stock. Finally, Bank of America lifted their price target on shares of CompoSecure from $9.00 to $10.00 and gave the company a “buy” rating in a report on Thursday, August 8th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $12.33.

View Our Latest Report on CMPO

CompoSecure Company Profile

(Get Free Report)

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.

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