State of Wyoming Has $1.57 Million Holdings in CompoSecure, Inc. (NASDAQ:CMPO)

State of Wyoming decreased its position in shares of CompoSecure, Inc. (NASDAQ:CMPO) by 34.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 102,648 shares of the company’s stock after selling 53,587 shares during the period. State of Wyoming owned about 0.12% of CompoSecure worth $1,574,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Capital World Investors acquired a new position in CompoSecure during the 4th quarter worth about $27,387,000. Divisadero Street Capital Management LP bought a new position in CompoSecure in the 4th quarter valued at $16,075,000. Nine Ten Capital Management LLC bought a new position in CompoSecure in the 4th quarter valued at $13,925,000. Locust Wood Capital Advisers LLC raised its position in shares of CompoSecure by 19.1% during the fourth quarter. Locust Wood Capital Advisers LLC now owns 4,579,143 shares of the company’s stock worth $70,198,000 after acquiring an additional 734,202 shares during the last quarter. Finally, Zuckerman Investment Group LLC lifted its stake in shares of CompoSecure by 85.0% during the fourth quarter. Zuckerman Investment Group LLC now owns 1,525,207 shares of the company’s stock valued at $24,098,000 after acquiring an additional 700,858 shares during the period. Institutional investors and hedge funds own 37.56% of the company’s stock.

CompoSecure Price Performance

Shares of NASDAQ:CMPO opened at $12.80 on Friday. The firm’s 50 day simple moving average is $11.00 and its 200 day simple moving average is $13.71. CompoSecure, Inc. has a fifty-two week low of $5.98 and a fifty-two week high of $17.71. The company has a market capitalization of $1.31 billion, a price-to-earnings ratio of -29.09, a P/E/G ratio of 2.63 and a beta of 0.87.

CompoSecure (NASDAQ:CMPO) last posted its earnings results on Monday, May 12th. The company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.06. CompoSecure had a negative net margin of 5.63% and a negative return on equity of 14.87%. The company had revenue of $103.90 million for the quarter, compared to analyst estimates of $103.22 million. Equities research analysts expect that CompoSecure, Inc. will post 1.02 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Resolute Compo Holdings Llc bought 233,070 shares of the business’s stock in a transaction on Thursday, February 20th. The shares were purchased at an average price of $16.57 per share, for a total transaction of $3,861,969.90. Following the purchase, the director now owns 879,963 shares of the company’s stock, valued at approximately $14,580,986.91. The trade was a 36.03% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CRO Amanda Mandy Gourbault sold 9,622 shares of the stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $16.09, for a total transaction of $154,817.98. Following the transaction, the executive now owns 821,782 shares of the company’s stock, valued at $13,222,472.38. The trade was a 1.16% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 34,340 shares of company stock worth $430,701. Corporate insiders own 74.99% of the company’s stock.

Analyst Ratings Changes

Several brokerages have weighed in on CMPO. Needham & Company LLC reissued a “buy” rating and set a $15.00 price objective on shares of CompoSecure in a report on Tuesday, May 13th. JPMorgan Chase & Co. lowered their price target on shares of CompoSecure from $16.00 to $15.00 and set a “neutral” rating for the company in a research report on Thursday, March 6th. Finally, Lake Street Capital cut their price objective on shares of CompoSecure from $18.00 to $15.00 and set a “buy” rating on the stock in a report on Thursday, March 6th. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, CompoSecure presently has a consensus rating of “Moderate Buy” and a consensus price target of $16.19.

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.