Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin Sells 42,717 Shares

Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin sold 42,717 shares of the business’s stock in a transaction dated Friday, January 17th. The stock was sold at an average price of $6.90, for a total transaction of $294,747.30. Following the completion of the transaction, the chief executive officer now directly owns 1,957,283 shares in the company, valued at $13,505,252.70. This trade represents a 2.14 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Compass Stock Performance

COMP stock traded up $0.02 during midday trading on Friday, reaching $6.75. 6,016,287 shares of the company’s stock traded hands, compared to its average volume of 5,795,487. The firm has a market capitalization of $3.44 billion, a PE ratio of -16.86 and a beta of 2.92. The company has a 50-day moving average price of $6.43 and a two-hundred day moving average price of $5.64. Compass, Inc. has a 52 week low of $2.89 and a 52 week high of $7.69.

Wall Street Analyst Weigh In

COMP has been the topic of several research reports. Needham & Company LLC reaffirmed a “buy” rating and issued a $10.00 price objective on shares of Compass in a research report on Thursday. Barclays lifted 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. The Goldman Sachs Group increased their price objective on Compass from $7.00 to $8.00 and gave the company a “buy” rating in a report 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. Finally, UBS Group increased their price target on Compass from $4.40 to $6.50 and gave the stock a “neutral” rating in a research note on Tuesday, October 22nd. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $7.01.

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.