Compass Diversified (NYSE:CODI) Insider Eugene Kim Buys 20,000 Shares of Stock

Compass Diversified Holdings (NYSE:CODI) insider Eugene Kim bought 20,000 shares of the stock in a transaction dated Wednesday, August 26th. The stock was purchased at an average price of $11.47 per share, with a total value of $229,400.00. Following the acquisition, the insider directly owned 20,000 shares in the company, valued at approximately $229,400. The trade was a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Compass Diversified Price Performance

CODI stock opened at $11.29 on Friday. The stock has a market cap of $849.31 million, a PE ratio of -5.20 and a beta of 1.27. Compass Diversified Holdings has a 12 month low of $4.58 and a 12 month high of $13.25. The company has a 50-day moving average price of $10.72 and a 200 day moving average price of $9.78. The company has a current ratio of 2.26, a quick ratio of 1.10 and a debt-to-equity ratio of 11.90.

Compass Diversified (NYSE:CODI) last posted its quarterly earnings data on Monday, August 10th. The financial services provider reported ($0.09) earnings per share for the quarter. Compass Diversified had a negative return on equity of 10.36% and a negative net margin of 5.38%.The firm had revenue of $424.04 million during the quarter. Equities research analysts anticipate that Compass Diversified Holdings will post 0.11 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. TD Cowen raised their price target on Compass Diversified from $12.50 to $18.00 and gave the stock a “buy” rating in a research note on Tuesday, August 11th. Wall Street Zen downgraded Compass Diversified from a “hold” rating to a “sell” rating in a research report on Saturday, August 15th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Compass Diversified in a research note on Friday, July 17th. B. Riley Financial upgraded Compass Diversified from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $11.00 to $15.00 in a research report on Tuesday, August 11th. Finally, UBS Group set a $18.00 target price on shares of Compass Diversified in a research note on Tuesday, August 11th. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $16.50.

Hedge Funds Weigh In On Compass Diversified

Institutional investors have recently modified their holdings of the stock. Public Employees Retirement System of Ohio raised its stake in shares of Compass Diversified by 0.9% during the first quarter. Public Employees Retirement System of Ohio now owns 133,659 shares of the financial services provider’s stock valued at $1,051,000 after acquiring an additional 1,128 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Compass Diversified by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,635 shares of the financial services provider’s stock worth $740,000 after purchasing an additional 1,728 shares in the last quarter. Sei Investments Co. grew its stake in Compass Diversified by 1.8% in the third quarter. Sei Investments Co. now owns 115,570 shares of the financial services provider’s stock worth $765,000 after purchasing an additional 2,022 shares in the last quarter. Brown Advisory Inc. increased its holdings in Compass Diversified by 3.9% during the 2nd quarter. Brown Advisory Inc. now owns 80,734 shares of the financial services provider’s stock worth $507,000 after purchasing an additional 3,000 shares during the period. Finally, Prudential Financial Inc. increased its holdings in Compass Diversified by 13.0% during the 2nd quarter. Prudential Financial Inc. now owns 30,325 shares of the financial services provider’s stock worth $190,000 after purchasing an additional 3,490 shares during the period. 72.73% of the stock is owned by hedge funds and other institutional investors.

About Compass Diversified

Compass Diversified Holdings (NYSE:CODI) is a publicly traded private equity company headquartered in Bethesda, Maryland. The firm specializes in acquiring and managing middle-market businesses across a variety of industries, with a focus on driving operational performance and sustainable growth. As an externally managed entity, Compass Diversified leverages a disciplined investment approach to build a portfolio of market-leading companies that benefit from strategic oversight, capital support and shared best practices.

Compass Diversified’s investment activities span five core sectors: branded consumer, consumer services, differentiated industrial products, value-added distribution and business services.