Compass Diversified Holdings $CODI Shares Bought by North Star Investment Management Corp.

North Star Investment Management Corp. boosted its stake in Compass Diversified Holdings (NYSE:CODI) by 20,678.0% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 61,295 shares of the financial services provider’s stock after buying an additional 61,000 shares during the period. North Star Investment Management Corp. owned 0.08% of Compass Diversified worth $482,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Compass Diversified by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,635 shares of the financial services provider’s stock worth $740,000 after acquiring an additional 1,728 shares during the period. Rhumbline Advisers raised its holdings in Compass Diversified by 2.0% during the third quarter. Rhumbline Advisers now owns 95,717 shares of the financial services provider’s stock worth $634,000 after purchasing an additional 1,874 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in Compass Diversified by 8.8% in the third quarter. PNC Financial Services Group Inc. now owns 23,423 shares of the financial services provider’s stock worth $155,000 after purchasing an additional 1,896 shares during the period. Sei Investments Co. lifted its position in Compass Diversified by 1.8% in the third quarter. Sei Investments Co. now owns 115,570 shares of the financial services provider’s stock worth $765,000 after purchasing an additional 2,022 shares during the period. Finally, Brown Advisory Inc. boosted its stake in Compass Diversified by 3.9% during the 2nd quarter. Brown Advisory Inc. now owns 80,734 shares of the financial services provider’s stock valued at $507,000 after purchasing an additional 3,000 shares in the last quarter. Institutional investors and hedge funds own 72.73% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on CODI. Zacks Research raised Compass Diversified from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. Raymond James Financial assumed coverage on shares of Compass Diversified in a research note on Wednesday, March 11th. They issued a “hold” rating on the stock. B. Riley Financial boosted their target price on shares of Compass Diversified from $8.00 to $10.50 and gave the stock a “neutral” rating in a research report on Tuesday, April 7th. Wall Street Zen upgraded shares of Compass Diversified from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Finally, Weiss Ratings raised shares of Compass Diversified from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, April 21st. One investment analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Compass Diversified currently has an average rating of “Hold” and a consensus price target of $12.75.

Compass Diversified Price Performance

NYSE:CODI opened at $10.62 on Wednesday. The firm has a fifty day simple moving average of $11.14 and a 200 day simple moving average of $8.19. Compass Diversified Holdings has a 1-year low of $4.58 and a 1-year high of $12.64. The stock has a market capitalization of $798.67 million, a PE ratio of -2.71 and a beta of 1.26. The company has a current ratio of 2.67, a quick ratio of 1.56 and a debt-to-equity ratio of 34.60.

Insider Buying and Selling at Compass Diversified

In other Compass Diversified news, insider Stephen Keller acquired 30,000 shares of the company’s stock in a transaction that occurred on Monday, April 6th. The stock was acquired at an average cost of $8.61 per share, for a total transaction of $258,300.00. Following the transaction, the insider directly owned 20,000 shares in the company, valued at $172,200. This represents a -300.00% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. 1.60% of the stock is currently owned by corporate insiders.

About Compass Diversified

Compass Diversified Holdings (NYSE:CODI) is a publicly traded private equity company headquartered in Bethesda, Maryland. The firm specializes in acquiring and managing middle-market businesses across a variety of industries, with a focus on driving operational performance and sustainable growth. As an externally managed entity, Compass Diversified leverages a disciplined investment approach to build a portfolio of market-leading companies that benefit from strategic oversight, capital support and shared best practices.

Compass Diversified’s investment activities span five core sectors: branded consumer, consumer services, differentiated industrial products, value-added distribution and business services.