CompoSecure, Inc. (NASDAQ:CMPO) Insider Adam Joseph Lowe Sells 18,818 Shares

CompoSecure, Inc. (NASDAQ:CMPO) insider Adam Joseph Lowe sold 18,818 shares of the business’s stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $10.97, for a total transaction of $206,433.46. Following the completion of the sale, the insider now directly owns 1,486,036 shares in the company, valued at $16,301,814.92. This represents a 1.25 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

CompoSecure Trading Up 6.1 %

Shares of CompoSecure stock opened at $11.02 on Friday. The company has a 50 day moving average of $14.52 and a 200-day moving average of $14.53. CompoSecure, Inc. has a 1-year low of $5.58 and a 1-year high of $17.71. The company has a market cap of $1.13 billion, a PE ratio of -25.05, a price-to-earnings-growth ratio of 2.63 and a beta of 0.77.

Wall Street Analyst Weigh In

Several equities research analysts have commented on CMPO shares. Needham & Company LLC cut their price target on shares of CompoSecure from $16.00 to $15.00 and set a “buy” rating on the stock in a research report on Thursday, March 6th. JPMorgan Chase & Co. cut their price target on shares of CompoSecure from $16.00 to $15.00 and set a “neutral” rating on the stock in a research report on Thursday, March 6th. Lake Street Capital lowered their price objective on shares of CompoSecure from $18.00 to $15.00 and set a “buy” rating on the stock in a research note on Thursday, March 6th. Finally, TD Cowen assumed coverage on shares of CompoSecure in a research note on Wednesday, December 18th. They set a “buy” rating and a $20.00 price objective on the stock. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, CompoSecure currently has an average rating of “Moderate Buy” and a consensus target price of $16.19.

Institutional Trading of CompoSecure

A number of institutional investors and hedge funds have recently made changes to their positions in CMPO. Tyro Capital Management LLC bought a new position in CompoSecure in the 3rd quarter valued at approximately $27,978,000. Capital World Investors bought a new position in CompoSecure in the 4th quarter valued at approximately $27,387,000. Divisadero Street Capital Management LP bought a new position in CompoSecure in the 4th quarter valued at approximately $16,075,000. Nine Ten Capital Management LLC bought a new position in CompoSecure in the 4th quarter valued at approximately $13,925,000. Finally, Woodson Capital Management LP bought a new position in CompoSecure in the 3rd quarter valued at approximately $10,795,000. Institutional investors own 37.56% of the company’s stock.

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.