KP Management LLC Takes Position in CompoSecure, Inc. (NASDAQ:CMPO)

KP Management LLC acquired a new stake in shares of CompoSecure, Inc. (NASDAQ:CMPO) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 87,695 shares of the company’s stock, valued at approximately $1,344,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of CMPO. Aquatic Capital Management LLC purchased a new position in CompoSecure in the fourth quarter worth about $235,000. Price T Rowe Associates Inc. MD purchased a new position in CompoSecure in the 4th quarter worth about $156,000. OneDigital Investment Advisors LLC bought a new stake in shares of CompoSecure during the fourth quarter valued at approximately $697,000. Nine Ten Capital Management LLC purchased a new stake in shares of CompoSecure in the 4th quarter worth $13,925,000. Finally, Capital World Investors bought a new position in CompoSecure during the 4th quarter worth about $27,387,000. 37.56% of the stock is currently owned by institutional investors.

CompoSecure Trading Down 0.7 %

Shares of CompoSecure stock opened at $10.79 on Friday. CompoSecure, Inc. has a twelve month low of $5.98 and a twelve month high of $17.71. The firm has a market capitalization of $1.10 billion, a PE ratio of -24.52, a P/E/G ratio of 2.63 and a beta of 0.87. The firm’s 50-day moving average price is $11.64 and its 200 day moving average price is $14.07.

Analysts Set New Price Targets

CMPO has been the subject of a number of analyst reports. Needham & Company LLC decreased their price objective on CompoSecure from $16.00 to $15.00 and set a “buy” rating for the company 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 note on Thursday, March 6th. Finally, Lake Street Capital decreased their target price on shares of CompoSecure from $18.00 to $15.00 and set a “buy” rating for the company in a research report on Thursday, March 6th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, CompoSecure currently has an average rating of “Moderate Buy” and an average price target of $16.19.

Insider Activity

In other CompoSecure news, Director Joseph J. Deangelo purchased 45,045 shares of the stock in a transaction dated Monday, March 17th. The stock was acquired at an average cost of $11.12 per share, for a total transaction of $500,900.40. Following the acquisition, the director now owns 45,045 shares in the company, valued at $500,900.40. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Resolute Compo Holdings Llc bought 221,186 shares of the firm’s stock in a transaction on Wednesday, February 12th. The stock was bought at an average cost of $15.01 per share, for a total transaction of $3,320,001.86. Following the transaction, the director now directly owns 221,186 shares of the company’s stock, valued at $3,320,001.86. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders acquired 704,421 shares of company stock worth $10,929,922 and sold 34,340 shares worth $430,701. Company insiders own 74.99% of the company’s stock.

CompoSecure 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.