CompoSecure, Inc. (NASDAQ:CMPO) COO Gregoire Maes sells 50,000 shares

CompoSecure, Inc. (NASDAQ:CMPO – Get Your Free Report ) COO Gregoire Maes sold 50,000 shares of CompoSecure stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $11.04, for a total transaction of $552,000.00. Following the completion of the transaction, the chief operating officer now directly owns 762,009 shares in the company, valued at $8,412,579.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available via this link.

CompoSecure stock performance

Shares of CompoSecure stock opened at $11.08 on Friday. CompoSecure, Inc. it has a 52-week low of $4.61 and a 52-week high of $11.20. The firm has a market cap of $892.55 million, a PE ratio of 11.42, a PEG ratio of 1.01 and a beta of 0.71. The company’s 50-day simple moving average is $7.71 and its 200-day simple moving average is $6.69.

CompoSecure (NASDAQ:CMPO – Get Your Free Report ) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.26 by $0.01. The company had revenue of $108.57 million during the quarter, compared to analyst estimates of $102.22 million. CompoSecure had a negative return on equity of 11.00% and a net margin of 5.14%. In the same period last year, the company earned $0.25 per share. Research analysts estimate that CompoSecure, Inc. will post 1.07 earnings per share for the current year.

Analysts set new price targets

A number of analysts have recently issued reports on CMPO shares. Benchmark boosted their target price on CompoSecure from $10.00 to $12.00 and gave the company a “buy” rating in a report on Thursday, August 8th. Lake Street Capital began coverage on shares of CompoSecure in a research report on Thursday, June 27th. They issued a “buy” rating and a $12.00 price target for the company. Bank of America upped their target price on shares of CompoSecure from $9.00 to $10.00 and gave the company a “buy” rating in a report on Thursday, August 8th. Needham & Company LLC boosted their price objective on shares of CompoSecure from $15.00 to $16.00 and gave the stock a “buy” rating in a report on Thursday, August 8th. Finally, B. Riley boosted their price target on CompoSecure from $17.00 to $18.00 and gave the company a “buy” rating in a report on Friday, May 10th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $12.33.

Check out the latest stock report on CMPO

Institutional inputs and outputs

Institutional investors and hedge funds have recently made changes to their positions in the stock. CWM LLC increased its position in CompoSecure by 205.9% in the second quarter. CWM LLC now owns 3,656 shares of the company’s stock worth $25,000 after buying an additional 2,461 shares during the last quarter. Sandia Investment Management LP bought a new stake in shares of CompoSecure in the second quarter valued at approximately $68,000. Ritholtz Wealth Management acquired a new stake in shares of CompoSecure during the second quarter valued at about $84,000. Algert Global LLC bought a new stake in shares of CompoSecure in the second quarter valued at approximately $84,000. Finally, B. Riley Wealth Advisors Inc. acquired a new position in shares of CompoSecure in the first quarter valued at $91,000. Institutional investors own 37.56% of the company’s shares.

About CompoSecure

(Get a free report)

CompoSecure, Inc manufactures and designs proprietary metal, composite and financial transaction cards in the United States and internationally. Its primary metal form factors include embedded, lite metal veneer, metal veneer and full metal products. The company also offers the Arculus Cold Storage Wallet, a three-factor authentication solution that supports specific digital assets, including Bitcoin, Ethereum, non-fungible tokens and others.

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