Robert L. Reffkin Sells 224,510 Shares of Compass, Inc. (NYSE:COMP) Stock

Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin sold 224,510 shares of the company’s stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $7.90, for a total value of $1,773,629.00. Following the transaction, the chief executive officer now directly owns 1,139,136 shares in the company, valued at $8,999,174.40. This trade represents a 16.46 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Compass Price Performance

Shares of Compass stock opened at $7.91 on Friday. Compass, Inc. has a 1 year low of $2.89 and a 1 year high of $7.95. The business has a 50-day moving average of $6.60 and a two-hundred day moving average of $6.10. The company has a market capitalization of $4.03 billion, a P/E ratio of -19.76 and a beta of 2.95.

Analyst Upgrades and Downgrades

COMP has been the subject of a number of recent analyst reports. UBS Group upgraded Compass from a “neutral” rating to a “buy” rating and upped their price objective for the company from $7.00 to $11.00 in a report on Tuesday. Needham & Company LLC reiterated a “buy” rating and issued a $10.00 price objective on shares of Compass in a report on Thursday, January 16th. Barclays upped their price objective on Compass from $6.00 to $7.00 and gave the company an “equal weight” rating in a report on Wednesday, December 11th. The Goldman Sachs Group upped their price objective on Compass from $7.00 to $8.00 and gave the company a “buy” rating in a report on Tuesday, December 3rd. Finally, Oppenheimer upped their price objective on Compass from $8.50 to $9.50 and gave the company an “outperform” rating in a report on Tuesday, December 3rd. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, Compass presently has a consensus rating of “Moderate Buy” and an average price target of $7.65.

Compass Company Profile

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.