Resolute Compo Holdings Llc Purchases 221,186 Shares of CompoSecure, Inc. (NASDAQ:CMPO) Stock

CompoSecure, Inc. (NASDAQ:CMPO) Director Resolute Compo Holdings Llc acquired 221,186 shares of the stock in a transaction on Wednesday, February 12th. The stock was acquired at an average cost of $15.01 per share, for a total transaction of $3,320,001.86. Following the acquisition, the director now directly owns 221,186 shares in the company, valued at $3,320,001.86. This represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Resolute Compo Holdings Llc also recently made the following trade(s):

• On Friday, February 14th, Resolute Compo Holdings Llc purchased 205,120 shares of CompoSecure stock. The shares were purchased at an average cost of $15.83 per share, for a total transaction of $3,247,049.60.

CompoSecure Price Performance

Shares of CompoSecure stock opened at $15.64 on Friday. CompoSecure, Inc. has a 1 year low of $4.61 and a 1 year high of $17.03. The company has a market capitalization of $1.38 billion, a P/E ratio of -35.55, a P/E/G ratio of 2.51 and a beta of 0.78. The business has a 50 day moving average price of $15.46 and a 200 day moving average price of $14.07.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on CMPO. TD Cowen began coverage on CompoSecure in a research note on Wednesday, December 18th. They set a “buy” rating and a $20.00 price target on the stock. Needham & Company LLC reissued a “buy” rating and set a $16.00 price target on shares of CompoSecure in a research note on Monday, November 11th. Benchmark reissued a “buy” rating and set a $17.00 price target on shares of CompoSecure in a research note on Tuesday, November 12th. JPMorgan Chase & Co. boosted their price target on CompoSecure from $12.00 to $16.00 and gave the stock a “neutral” rating in a research note on Monday, December 2nd. Finally, B. Riley lifted their price objective on CompoSecure from $18.00 to $23.00 and gave the stock a “buy” rating in a research report on Monday, November 11th. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $16.81.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. nVerses Capital LLC acquired a new position in CompoSecure in the 3rd quarter valued at $72,000. CWM LLC raised its holdings in CompoSecure by 42.0% in the 3rd quarter. CWM LLC now owns 5,192 shares of the company’s stock valued at $73,000 after acquiring an additional 1,536 shares during the last quarter. Wolverine Asset Management LLC acquired a new position in CompoSecure in the 3rd quarter valued at $74,000. KLP Kapitalforvaltning AS acquired a new position in CompoSecure in the 4th quarter valued at $75,000. Finally, FMR LLC raised its holdings in CompoSecure by 693.0% in the 3rd quarter. FMR LLC now owns 5,900 shares of the company’s stock valued at $83,000 after acquiring an additional 5,156 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.