Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin Sells 775,490 Shares

Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin sold 775,490 shares of the firm’s stock in a transaction dated Friday, February 14th. The shares were sold at an average price of $7.91, for a total value of $6,134,125.90. Following the transaction, the chief executive officer now directly owns 363,646 shares in the company, valued at $2,876,439.86. This trade represents a 68.08 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Robert L. Reffkin also recently made the following trade(s):

• On Wednesday, February 19th, Robert L. Reffkin sold 2,000,000 shares of Compass stock. The shares were sold at an average price of $9.46, for a total value of $18,920,000.00.

Compass Price Performance

Shares of COMP opened at $10.17 on Thursday. Compass, Inc. has a one year low of $2.89 and a one year high of $10.25. The company has a 50-day simple moving average of $6.70 and a two-hundred day simple moving average of $6.20. The firm has a market capitalization of $5.19 billion, a PE ratio of -25.43 and a beta of 2.95.

Compass (NYSE:COMP) last issued its quarterly earnings data on Tuesday, February 18th. The company reported ($0.08) EPS for the quarter, topping the consensus estimate of ($0.10) by $0.02. Compass had a negative net margin of 3.70% and a negative return on equity of 49.45%. The business had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.38 billion. During the same period last year, the business posted ($0.09) earnings per share. Analysts expect that Compass, Inc. will post -0.33 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on COMP shares. UBS Group raised their price objective on Compass from $11.00 to $12.00 and gave the company a “buy” rating in a research note on Wednesday. Barclays increased their target price on shares of Compass from $6.00 to $7.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 11th. Morgan Stanley increased their target price on shares of Compass from $6.00 to $8.50 and gave the stock an “equal weight” rating in a report on Wednesday. Needham & Company LLC increased their target price on shares of Compass from $10.00 to $12.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, The Goldman Sachs Group increased their target price on shares of Compass from $8.00 to $9.00 and gave the stock a “buy” rating in a report on Wednesday. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, Compass currently has a consensus rating of “Moderate Buy” and an average price target of $8.69.

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.