Locust Wood Capital Advisers LLC Grows Stock Position in CompoSecure, Inc. $CMPO

Locust Wood Capital Advisers LLC lifted its position in CompoSecure, Inc. (NASDAQ:CMPO) by 14.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,341,954 shares of the company’s stock after buying an additional 1,183,627 shares during the quarter. CompoSecure makes up approximately 4.9% of Locust Wood Capital Advisers LLC’s portfolio, making the stock its 5th biggest holding. Locust Wood Capital Advisers LLC owned approximately 9.12% of CompoSecure worth $194,499,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. purchased a new position in shares of CompoSecure during the second quarter valued at approximately $311,000. Caxton Associates LLP bought a new position in CompoSecure in the 2nd quarter worth about $1,620,000. Geode Capital Management LLC lifted its position in CompoSecure by 35.9% in the 2nd quarter. Geode Capital Management LLC now owns 1,077,106 shares of the company’s stock valued at $15,179,000 after acquiring an additional 284,667 shares in the last quarter. Russell Investments Group Ltd. boosted its position in shares of CompoSecure by 75.5% during the second quarter. Russell Investments Group Ltd. now owns 189,601 shares of the company’s stock valued at $2,671,000 after buying an additional 81,572 shares during the last quarter. Finally, Decker Retirement Planning Inc. purchased a new position in CompoSecure in the 3rd quarter worth about $3,647,000. 37.56% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on CMPO. Lake Street Capital reaffirmed a “buy” rating on shares of CompoSecure in a report on Wednesday, December 24th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of CompoSecure in a research note on Thursday, January 8th. TD Cowen reaffirmed a “buy” rating on shares of CompoSecure in a research note on Tuesday, November 4th. Needham & Company LLC upped their target price on shares of CompoSecure from $22.00 to $25.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. Finally, Benchmark raised their price objective on CompoSecure from $24.00 to $32.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. Six investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, CompoSecure currently has an average rating of “Buy” and a consensus price target of $25.50.

CompoSecure Stock Performance

Shares of NASDAQ CMPO opened at $25.65 on Thursday. The company has a market cap of $3.24 billion, a PE ratio of -15.27 and a beta of 0.98. CompoSecure, Inc. has a fifty-two week low of $9.24 and a fifty-two week high of $26.78. The business has a 50-day simple moving average of $20.37 and a two-hundred day simple moving average of $19.10.

CompoSecure Profile

CompoSecure is a global provider of secure card and credential solutions, specializing in the design, manufacturing and personalization of payment cards, identification credentials and related services. The company develops a range of card products that include metal cards, composite cards and hybrid designs integrating advanced security features such as EMV chip technology, contactless interfaces and specialized surface treatments. CompoSecure’s offerings are tailored to the needs of banks, credit unions, fintech firms and government agencies seeking to differentiate their cards and enhance consumer engagement.

The company’s product portfolio extends beyond physical cards to encompass digital issuance and lifecycle management solutions.