Adam Joseph Lowe Sells 5,000 Shares of CompoSecure, Inc. (NASDAQ:CMPO) Stock

CompoSecure, Inc. (NASDAQ:CMPO) insider Adam Joseph Lowe sold 5,000 shares of the company’s stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $11.01, for a total transaction of $55,050.00. Following the sale, the insider now directly owns 1,481,036 shares of the company’s stock, valued at $16,306,206.36. This represents a 0.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Adam Joseph Lowe also recently made the following trade(s):

• On Wednesday, March 12th, Adam Joseph Lowe sold 18,818 shares of CompoSecure stock. The shares were sold at an average price of $10.97, for a total transaction of $206,433.46.

CompoSecure Stock Up 1.1 %

Shares of CMPO traded up $0.12 during midday trading on Monday, reaching $11.14. 806,806 shares of the stock were exchanged, compared to its average volume of 757,060. The company has a market cap of $1.14 billion, a price-to-earnings ratio of -25.32, a P/E/G ratio of 2.63 and a beta of 0.77. CompoSecure, Inc. has a 12-month low of $5.69 and a 12-month high of $17.71. The firm has a 50 day simple moving average of $14.44 and a 200-day simple moving average of $14.57.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on CMPO. Needham & Company LLC cut their target price on shares of CompoSecure from $16.00 to $15.00 and set a “buy” rating on the stock in a research note on Thursday, March 6th. JPMorgan Chase & Co. dropped their price target on CompoSecure from $16.00 to $15.00 and set a “neutral” rating on the stock in a research report on Thursday, March 6th. Lake Street Capital decreased their price objective on CompoSecure from $18.00 to $15.00 and set a “buy” rating for the company in a research report on Thursday, March 6th. Finally, TD Cowen started coverage on CompoSecure in a report on Wednesday, December 18th. They issued a “buy” rating and a $20.00 target price on the stock. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $16.19.

Hedge Funds Weigh In On CompoSecure

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