CompoSecure (NASDAQ:CMPO) Shares Up 2.5% – What’s Next?

CompoSecure, Inc. (NASDAQ:CMPO)’s stock price was up 2.5% during trading on Friday . The stock traded as high as $15.25 and last traded at $14.97. Approximately 1,642,138 shares traded hands during trading, an increase of 59% from the average session volume of 1,030,516 shares. The stock had previously closed at $14.60.

CompoSecure Trading Up 2.5%

The firm has a market capitalization of $1.89 billion, a price-to-earnings ratio of -8.91 and a beta of 0.98. The firm has a 50 day moving average price of $13.68 and a two-hundred day moving average price of $18.08.

CompoSecure Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Monday, May 18th were issued a $0.0025 dividend. The ex-dividend date was Monday, May 18th. This represents a $0.01 annualized dividend and a yield of 0.1%.

Institutional Investors Weigh In On CompoSecure

Institutional investors have recently bought and sold shares of the business. AQR Capital Management LLC raised its stake in shares of CompoSecure by 27.2% in the 1st quarter. AQR Capital Management LLC now owns 126,714 shares of the company’s stock valued at $1,377,000 after acquiring an additional 27,064 shares during the period. JPMorgan Chase & Co. boosted its position in CompoSecure by 231.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 292,683 shares of the company’s stock worth $4,124,000 after purchasing an additional 204,414 shares during the period. Legal & General Group Plc boosted its position in CompoSecure by 110.9% during the 2nd quarter. Legal & General Group Plc now owns 39,852 shares of the company’s stock worth $562,000 after purchasing an additional 20,955 shares during the period. Franklin Resources Inc. increased its holdings in CompoSecure by 6.4% in the 2nd quarter. Franklin Resources Inc. now owns 18,017 shares of the company’s stock valued at $254,000 after purchasing an additional 1,077 shares in the last quarter. Finally, Rhumbline Advisers increased its holdings in CompoSecure by 73.9% in the 2nd quarter. Rhumbline Advisers now owns 60,313 shares of the company’s stock valued at $850,000 after purchasing an additional 25,630 shares in the last quarter. 37.56% of the stock is currently owned by hedge funds and other institutional investors.

CompoSecure Company Profile

CompoSecure is a global provider of secure card and credential solutions, specializing in the design, manufacturing and personalization of payment cards, identification credentials and related services. The company develops a range of card products that include metal cards, composite cards and hybrid designs integrating advanced security features such as EMV chip technology, contactless interfaces and specialized surface treatments. CompoSecure’s offerings are tailored to the needs of banks, credit unions, fintech firms and government agencies seeking to differentiate their cards and enhance consumer engagement.

The company’s product portfolio extends beyond physical cards to encompass digital issuance and lifecycle management solutions.