Inside Sales: Compass, Inc. (NYSE:COMP) CEO sells $4,174,091.36 in stock

Compass, Inc. (NYSE:COMP – Get Your Free Report ) CEO Robert L. Reffkin sold 705,083 shares of the business’s stock in a transaction on Monday, September 9th. The stock was sold at an average price of $5.92, for a total value of $4,174,091.36. Following the completion of the transaction, the chief executive officer now owns 239,219 shares in the company, valued at approximately $1,416,176.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC’s website.

Robert L. Reffkin also recently made the following trades:

• On Friday, August 23rd, Robert L. Reffkin sold 814,302 shares of Compass stock. The stock was sold at an average price of $4.91, for a total value of $3,998,222.82.

Compass trading up 7.0%

Shares of COMP stock opened at $6.38 on Friday. The company’s 50-day moving average price is $4.73 and its 200-day moving average price is $4.01. Compass, Inc. it has a 12-month low of $1.82 and a 12-month high of $6.43. The firm has a market cap of $3.15 billion, a price-to-earnings ratio of -10.28 and a beta of 2.91.

Compass (NYSE:COMP – Get Free Report ) last announced its quarterly earnings results on Wednesday, July 31st. The company reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.03. Compass had a negative return on equity of 57.23% and a negative net margin of 4.53%. The firm had revenue of $1.70 billion for the quarter, compared to analyst estimates of $1.65 billion. During the same period last year, the firm posted ($0.10) earnings per share. On average, sell-side analysts predict that Compass, Inc. will post -0.39 earnings per share for the current fiscal year.

Analyst upgrades and downgrades

COMP has been the subject of several recent analyst reports. Goldman Sachs Group boosted their price target on Compass from $4.00 to $4.50 and gave the stock a “buy” rating in a research report on Thursday, August 1st. Needham & Company LLC upped their target price on Compass from $5.00 to $6.00 and gave the stock a “buy” rating in a research report on Thursday, August 1st. Barclays lifted their price target on Compass from $4.00 to $5.00 and gave the company an “equal weight” rating in a research report on Thursday, August 1st. Gordon Haskett upgraded Compass from an “underperform” rating to a “hold” rating and lifted their price target for the company from $3.00 to $3.75 in a research report on Tuesday, June 25th. Finally, Oppenheimer reiterated an “outperform” rating and issued a $6.00 price target on shares of Compass in a research report on Wednesday, June 26th. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Compass has an average rating of “Hold” and an average price target of $4.28, according to MarketBeat.

Read the latest stock analysis on COMP

About Compass

(Get a free report)

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, customer service, operations and other real estate industry functions. The company provides mobile applications that enable agents to manage their business anytime, anywhere, and designs consumer-grade user interfaces, automated and simplified workflows for agent-customer interactions, and insightful dashboards and reports.

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