CompoSecure, Inc. (NASDAQ:CMPO) Shares Sold by Pacific Ridge Capital Partners LLC

Pacific Ridge Capital Partners LLC lowered its position in CompoSecure, Inc. (NASDAQ:CMPO) by 87.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 55,575 shares of the company’s stock after selling 381,556 shares during the period. Pacific Ridge Capital Partners LLC owned approximately 0.06% of CompoSecure worth $852,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of CMPO. Principal Financial Group Inc. increased its position in shares of CompoSecure by 9.3% in the fourth quarter. Principal Financial Group Inc. now owns 11,399 shares of the company’s stock valued at $175,000 after buying an additional 967 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in CompoSecure by 33.3% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 10,201 shares of the company’s stock valued at $161,000 after acquiring an additional 2,547 shares during the last quarter. Rowlandmiller & PARTNERS.ADV increased its holdings in CompoSecure by 25.4% during the 4th quarter. Rowlandmiller & PARTNERS.ADV now owns 13,325 shares of the company’s stock valued at $204,000 after acquiring an additional 2,700 shares in the last quarter. Cruiser Capital Advisors LLC raised its position in CompoSecure by 15.7% during the fourth quarter. Cruiser Capital Advisors LLC now owns 27,547 shares of the company’s stock worth $422,000 after acquiring an additional 3,737 shares during the last quarter. Finally, Wolverine Asset Management LLC lifted its holdings in shares of CompoSecure by 76.3% in the fourth quarter. Wolverine Asset Management LLC now owns 9,335 shares of the company’s stock valued at $143,000 after purchasing an additional 4,039 shares in the last quarter. 37.56% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Insider Transactions at CompoSecure

In related news, CRO Amanda Mandy Gourbault sold 9,622 shares of the stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $16.09, for a total value of $154,817.98. Following the transaction, the executive now directly owns 821,782 shares of the company’s stock, valued at approximately $13,222,472.38. This trade represents a 1.16 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Adam Joseph Lowe sold 5,000 shares of CompoSecure stock in a transaction on Monday, March 17th. The shares were sold at an average price of $11.01, for a total value of $55,050.00. Following the completion of the transaction, the insider now owns 1,481,036 shares in the company, valued at $16,306,206.36. The trade was a 0.34 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have purchased 704,421 shares of company stock worth $10,929,922 and have sold 34,340 shares worth $430,701. Insiders own 74.99% of the company’s stock.

CompoSecure Trading Down 1.7 %

NASDAQ CMPO opened at $11.35 on Thursday. The business’s 50-day moving average price is $14.02 and its 200 day moving average price is $14.53. CompoSecure, Inc. has a twelve month low of $5.98 and a twelve month high of $17.71. The company has a market capitalization of $1.16 billion, a PE ratio of -25.80, a price-to-earnings-growth ratio of 2.63 and a beta of 0.77.

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.