Potomac Capital Management Inc. Takes $2.26 Million Position in CompoSecure, Inc. $CMPO

Potomac Capital Management Inc. acquired a new stake in shares of CompoSecure, Inc. (NASDAQ:CMPO) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 117,000 shares of the company’s stock, valued at approximately $2,256,000. CompoSecure accounts for 1.8% of Potomac Capital Management Inc.’s investment portfolio, making the stock its 16th largest holding.

Other institutional investors have also recently made changes to their positions in the company. AQR Capital Management LLC increased its position in shares of CompoSecure by 27.2% during the first quarter. AQR Capital Management LLC now owns 126,714 shares of the company’s stock worth $1,377,000 after acquiring an additional 27,064 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of CompoSecure by 231.6% during the second quarter. JPMorgan Chase & Co. now owns 292,683 shares of the company’s stock worth $4,124,000 after acquiring an additional 204,414 shares in the last quarter. Legal & General Group Plc increased its position in shares of CompoSecure by 110.9% during the second quarter. Legal & General Group Plc now owns 39,852 shares of the company’s stock worth $562,000 after acquiring an additional 20,955 shares in the last quarter. Franklin Resources Inc. increased its position in shares of CompoSecure by 6.4% during the second quarter. Franklin Resources Inc. now owns 18,017 shares of the company’s stock worth $254,000 after acquiring an additional 1,077 shares in the last quarter. Finally, Rhumbline Advisers increased its position in shares of CompoSecure by 73.9% during the second quarter. Rhumbline Advisers now owns 60,313 shares of the company’s stock worth $850,000 after acquiring an additional 25,630 shares in the last quarter. Institutional investors and hedge funds own 37.56% of the company’s stock.

CompoSecure Price Performance

NASDAQ:CMPO opened at $11.89 on Wednesday. The firm has a 50-day moving average of $14.55 and a 200-day moving average of $18.89. The company has a market cap of $1.50 billion, a PE ratio of -7.08 and a beta of 0.98. CompoSecure, Inc. has a one year low of $10.65 and a one year high of $26.78.

CompoSecure Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Monday, May 18th were given a $0.0025 dividend. This represents a $0.01 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Monday, May 18th.

About CompoSecure

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.