CompoSecure, Inc. (NASDAQ:CMPO) Insider Adam Joseph Lowe Sells 34,310 Shares

CompoSecure, Inc. (NASDAQ:CMPO) insider Adam Joseph Lowe sold 34,310 shares of the firm’s stock in a transaction dated Friday, December 6th. The stock was sold at an average price of $16.24, for a total transaction of $557,194.40. Following the sale, the insider now owns 1,315,068 shares of the company’s stock, valued at $21,356,704.32. This trade represents a 2.54 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Adam Joseph Lowe also recently made the following trade(s):

• On Monday, December 9th, Adam Joseph Lowe sold 66,350 shares of CompoSecure stock. The stock was sold at an average price of $15.91, for a total transaction of $1,055,628.50.
• On Wednesday, September 11th, Adam Joseph Lowe sold 5,730 shares of CompoSecure stock. The stock was sold at an average price of $12.05, for a total transaction of $69,046.50.

CompoSecure Trading Up 1.9 %

Shares of CMPO traded up $0.30 during mid-day trading on Tuesday, reaching $16.29. The company’s stock had a trading volume of 659,524 shares, compared to its average volume of 538,748. The stock has a market cap of $1.44 billion, a PE ratio of -36.48, a P/E/G ratio of 1.28 and a beta of 0.76. CompoSecure, Inc. has a 52 week low of $4.61 and a 52 week high of $16.77. The company’s fifty day moving average price is $15.03 and its two-hundred day moving average price is $11.19.

CompoSecure (NASDAQ:CMPO) last announced its quarterly earnings data on Friday, November 8th. The company reported $0.27 earnings per share for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.02). The business had revenue of $107.14 million during the quarter, compared to the consensus estimate of $105.11 million. CompoSecure had a negative return on equity of 14.87% and a negative net margin of 5.63%. During the same quarter in the previous year, the firm posted $0.24 earnings per share. Research analysts anticipate that CompoSecure, Inc. will post 1.02 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on CMPO. Needham & Company LLC restated a “buy” rating and issued a $16.00 price objective on shares of CompoSecure in a research report on Monday, November 11th. Compass Point raised their price objective on shares of CompoSecure from $11.50 to $14.50 and gave the company a “buy” rating in a research report on Tuesday, August 20th. B. Riley raised their price objective on shares of CompoSecure from $18.00 to $23.00 and gave the company a “buy” rating in a research report on Monday, November 11th. Benchmark restated a “buy” rating and issued a $17.00 price objective on shares of CompoSecure in a research report on Tuesday, November 12th. Finally, Lake Street Capital lifted their target price 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. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, CompoSecure currently has a consensus rating of “Moderate Buy” and an average price target of $16.36.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Tyro Capital Management LLC purchased a new position in shares of CompoSecure in the third quarter worth $27,978,000. Barclays PLC increased its stake in shares of CompoSecure by 474.6% in the third quarter. Barclays PLC now owns 34,754 shares of the company’s stock worth $488,000 after buying an additional 28,706 shares during the period. Geode Capital Management LLC increased its stake in shares of CompoSecure by 34.1% in the third quarter. Geode Capital Management LLC now owns 585,746 shares of the company’s stock worth $8,214,000 after buying an additional 148,833 shares during the period. State Street Corp increased its stake in shares of CompoSecure by 20.1% in the third quarter. State Street Corp now owns 395,691 shares of the company’s stock worth $5,548,000 after buying an additional 66,232 shares during the period. Finally, Quadrature Capital Ltd increased its stake in shares of CompoSecure by 137.3% in the third quarter. Quadrature Capital Ltd now owns 32,071 shares of the company’s stock worth $449,000 after buying an additional 18,554 shares during the period. 37.56% of the stock is owned by hedge funds and other 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.