Amanda Mandy Gourbault Sells 9,622 Shares of CompoSecure, Inc. (NASDAQ:CMPO) Stock

CompoSecure, Inc. (NASDAQ:CMPO) CRO Amanda Mandy Gourbault sold 9,622 shares of the company’s stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $16.09, for a total transaction of $154,817.98. Following the completion of the sale, the executive now directly owns 821,782 shares in the company, valued at approximately $13,222,472.38. The trade was a 1.16 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Amanda Mandy Gourbault also recently made the following trade(s):

• On Tuesday, February 25th, Amanda Mandy Gourbault sold 900 shares of CompoSecure stock. The stock was sold at an average price of $16.00, for a total transaction of $14,400.00.

CompoSecure Stock Down 13.9 %

CMPO opened at $13.34 on Friday. CompoSecure, Inc. has a twelve month low of $4.61 and a twelve month high of $17.71. The company has a 50-day moving average price of $15.41 and a 200 day moving average price of $14.54. The company has a market cap of $1.18 billion, a PE ratio of -30.32, a price-to-earnings-growth ratio of 2.63 and a beta of 0.78.

Analysts Set New Price Targets

A number of research analysts have weighed in on CMPO shares. Benchmark reiterated a “buy” rating and issued a $17.00 price objective on shares of CompoSecure in a research report on Tuesday, November 12th. Needham & Company LLC reiterated a “buy” rating and issued a $16.00 price objective on shares of CompoSecure in a research report on Monday, November 11th. JPMorgan Chase & Co. upped their price objective on shares of CompoSecure from $12.00 to $16.00 and gave the stock a “neutral” rating in a research report on Monday, December 2nd. TD Cowen started coverage on shares of CompoSecure in a research report on Wednesday, December 18th. They issued a “buy” rating and a $20.00 price objective for the company. Finally, B. Riley upped their price objective on shares of CompoSecure from $18.00 to $23.00 and gave the stock a “buy” rating in a research report on Monday, November 11th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $16.81.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Ashford Capital Management Inc. acquired a new position in shares of CompoSecure during the 4th quarter worth about $236,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in CompoSecure in the 4th quarter valued at about $177,000. Woodson Capital Management LP raised its holdings in CompoSecure by 62.3% in the 4th quarter. Woodson Capital Management LP now owns 1,250,000 shares of the company’s stock valued at $19,162,000 after acquiring an additional 480,000 shares during the last quarter. Squarepoint Ops LLC raised its holdings in CompoSecure by 29.7% in the 4th quarter. Squarepoint Ops LLC now owns 270,145 shares of the company’s stock valued at $4,141,000 after acquiring an additional 61,928 shares during the last quarter. Finally, Tidal Investments LLC raised its holdings in CompoSecure by 4.3% in the 4th quarter. Tidal Investments LLC now owns 1,604,360 shares of the company’s stock valued at $24,595,000 after acquiring an additional 66,880 shares during the last quarter. Institutional investors and hedge funds own 37.56% of the company’s stock.

CompoSecure Company Profile

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.