Compass, Inc. (NYSE:COMP) CEO Sells $291,457.56 in Stock

Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin sold 49,316 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $5.91, for a total value of $291,457.56. Following the sale, the chief executive officer now directly owns 2,950,684 shares in the company, valued at approximately $17,438,542.44. The trade was a 1.64 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Compass Price Performance

Compass stock opened at $5.88 on Monday. Compass, Inc. has a fifty-two week low of $2.89 and a fifty-two week high of $7.69. The firm’s 50 day simple moving average is $6.51 and its 200-day simple moving average is $5.52. The company has a market cap of $3.00 billion, a P/E ratio of -14.70 and a beta of 2.89.

Wall Street Analyst Weigh In

A number of research firms have recently commented on COMP. UBS Group boosted their price objective on Compass from $4.40 to $6.50 and gave the stock a “neutral” rating in a research note on Tuesday, October 22nd. Oppenheimer raised their price objective on shares of Compass from $8.50 to $9.50 and gave the company an “outperform” rating in a research report on Tuesday, December 3rd. Barclays lifted their price objective on shares of Compass from $6.00 to $7.00 and gave the stock an “equal weight” rating in a research note on Wednesday, December 11th. Needham & Company LLC reissued a “buy” rating and set a $8.00 target price on shares of Compass in a research note on Tuesday, December 3rd. Finally, The Goldman Sachs Group upped their price target on Compass from $7.00 to $8.00 and gave the company a “buy” rating in a report on Tuesday, December 3rd. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $6.72.

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.