Compass (COMP) – Analysts’ Weekly Ratings Updates

Compass (NYSE: COMP) recently received a number of ratings updates from brokerages and research firms:

• 12/11/2024 – Compass had its price target raised by analysts at Barclays PLC from $6.00 to $7.00. They now have an “equal weight” rating on the stock.
• 12/3/2024 – Compass had its price target raised by analysts at Oppenheimer Holdings Inc. from $8.50 to $9.50. They now have an “outperform” rating on the stock.
• 12/3/2024 – Compass had its price target raised by analysts at The Goldman Sachs Group, Inc. from $7.00 to $8.00. They now have a “buy” rating on the stock.
• 12/3/2024 – Compass had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $8.00 price target on the stock.
• 11/1/2024 – Compass had its “outperform” rating reaffirmed by analysts at Oppenheimer Holdings Inc.. They now have a $8.50 price target on the stock, up previously from $8.00.
• 10/31/2024 – Compass had its price target raised by analysts at Barclays PLC from $5.00 to $6.00. They now have an “equal weight” rating on the stock.
• 10/31/2024 – Compass had its price target raised by analysts at Needham & Company LLC from $6.00 to $8.00. They now have a “buy” rating on the stock.

Compass Stock Down 3.0 %

COMP traded down $0.19 during trading on Monday, reaching $6.04. The stock had a trading volume of 2,316,954 shares, compared to its average volume of 4,547,183. The firm has a market capitalization of $3.08 billion, a price-to-earnings ratio of -15.10 and a beta of 2.89. The stock has a 50 day moving average of $6.48 and a two-hundred day moving average of $5.37. Compass, Inc. has a 1-year low of $2.89 and a 1-year high of $7.69.

Insiders Place Their Bets

In other Compass news, major shareholder Excalibur (Cayman) Ltd Svf sold 10,000,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 17th. The shares were sold at an average price of $6.33, for a total value of $63,300,000.00. Following the transaction, the insider now owns 58,070,273 shares in the company, valued at approximately $367,584,828.09. This represents a 14.69 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Robert L. Reffkin sold 496,302 shares of the business’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $6.18, for a total transaction of $3,067,146.36. Following the transaction, the chief executive officer now owns 653,444 shares in the company, valued at approximately $4,038,283.92. This represents a 43.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 11,032,900 shares of company stock worth $70,077,531. 6.25% of the stock is owned by corporate insiders.

Compass, Inc provides real estate brokerage services in the United States. It operates a cloud-based platform that provides an integrated suite of software for customer relationship management, marketing, client service, operations, and other functionality in the real estate industry. The company offers mobile apps that allow agents to manage their business anytime and anywhere, as well as designs consumer-grade user interfaces, automated and simplified workflows for agent-client interactions, and insight-rich dashboards and reports.