Insider Selling: CompoSecure, Inc. (NASDAQ:CMPO) COO Sells $395,248.75 in Stock

CompoSecure, Inc. (NASDAQ:CMPO) COO Gregoire Maes sold 24,323 shares of CompoSecure stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $16.25, for a total transaction of $395,248.75. Following the sale, the chief operating officer now directly owns 762,009 shares in the company, valued at $12,382,646.25. This trade represents a 3.09 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Gregoire Maes also recently made the following trade(s):

• On Friday, November 29th, Gregoire Maes sold 540 shares of CompoSecure stock. The shares were sold at an average price of $16.20, for a total transaction of $8,748.00.

CompoSecure Price Performance

Shares of CMPO opened at $15.95 on Monday. The stock has a market capitalization of $1.41 billion, a PE ratio of -36.25, a price-to-earnings-growth ratio of 1.26 and a beta of 0.76. The business’s fifty day moving average price is $14.74 and its 200 day moving average price is $10.79. CompoSecure, Inc. has a 12-month low of $4.61 and a 12-month high of $16.38.

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

Analyst Upgrades and Downgrades

CMPO has been the topic of several recent analyst reports. Lake Street Capital boosted their price target on CompoSecure from $14.00 to $18.00 and gave the stock a “buy” rating in a research note on Wednesday, October 2nd. B. Riley increased their target price on CompoSecure from $18.00 to $23.00 and gave the company a “buy” rating in a research note on Monday, November 11th. Compass Point raised their price target on shares of CompoSecure from $11.50 to $14.50 and gave the stock a “buy” rating in a research report on Tuesday, August 20th. Needham & Company LLC reaffirmed a “buy” rating and issued a $16.00 price target on shares of CompoSecure in a report on Monday, November 11th. Finally, JPMorgan Chase & Co. raised their price objective on shares of CompoSecure from $8.00 to $12.00 and gave the stock a “neutral” rating in a report on Tuesday, August 20th. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $15.79.

Institutional Trading of CompoSecure

Institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its position in CompoSecure by 1.6% during the 1st quarter. Vanguard Group Inc. now owns 843,476 shares of the company’s stock valued at $6,098,000 after purchasing an additional 13,081 shares during the period. Woodson Capital Management LP acquired a new position in shares of CompoSecure during the third quarter valued at $10,795,000. Geode Capital Management LLC grew its position in shares of CompoSecure by 34.1% during the third quarter. Geode Capital Management LLC now owns 585,746 shares of the company’s stock worth $8,214,000 after acquiring an additional 148,833 shares during the last quarter. Boston Partners increased its holdings in shares of CompoSecure by 40.8% in the 1st quarter. Boston Partners now owns 557,136 shares of the company’s stock worth $4,028,000 after acquiring an additional 161,333 shares during the period. Finally, Pacific Ridge Capital Partners LLC lifted its position in CompoSecure by 146.9% in the 2nd quarter. Pacific Ridge Capital Partners LLC now owns 486,462 shares of the company’s stock valued at $3,308,000 after purchasing an additional 289,451 shares during the last quarter. 37.56% of the stock is currently owned by institutional investors and hedge funds.

About CompoSecure

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.