CompoSecure, Inc. (NASDAQ:CMPO) CEO Sells $4,666,005.70 in Stock

CompoSecure, Inc. (NASDAQ:CMPO) CEO Jonathan Wilk sold 618,014 shares of the stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of $7.55, for a total value of $4,666,005.70. Following the completion of the sale, the chief executive officer now owns 618,013 shares of the company’s stock, valued at $4,665,998.15. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

CompoSecure Stock Performance

Shares of NASDAQ CMPO opened at $13.46 on Friday. CompoSecure, Inc. has a 1 year low of $4.61 and a 1 year high of $13.91. The company’s fifty day moving average price is $10.22 and its 200 day moving average price is $7.85. The company has a market capitalization of $1.08 billion, a PE ratio of 13.88, a price-to-earnings-growth ratio of 0.88 and a beta of 0.76.

CompoSecure (NASDAQ:CMPO) last posted its earnings results on Wednesday, August 7th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.01. CompoSecure had a net margin of 6.33% and a negative return on equity of 11.78%. The business had revenue of $108.57 million for the quarter, compared to analyst estimates of $102.22 million. During the same period in the prior year, the company posted $0.25 EPS. On average, equities analysts expect that CompoSecure, Inc. will post 1.1 EPS for the current year.

Hedge Funds Weigh In On CompoSecure

Large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its position in shares of CompoSecure by 1.6% in the first quarter. Vanguard Group Inc. now owns 843,476 shares of the company’s stock valued at $6,098,000 after purchasing an additional 13,081 shares during the period. Wellington Management Group LLP lifted its position in shares of CompoSecure by 69.2% in the fourth quarter. Wellington Management Group LLP now owns 601,548 shares of the company’s stock valued at $3,248,000 after acquiring an additional 246,094 shares in the last quarter. Grizzlyrock Capital LLC acquired a new position in CompoSecure in the 4th quarter valued at $3,223,000. Boston Partners lifted its holdings in CompoSecure by 40.8% in the 1st quarter. Boston Partners now owns 557,136 shares of the company’s stock valued at $4,028,000 after purchasing an additional 161,333 shares in the last quarter. Finally, Pacific Ridge Capital Partners LLC boosted its stake in CompoSecure by 146.9% during the 2nd quarter. Pacific Ridge Capital Partners LLC now owns 486,462 shares of the company’s stock worth $3,308,000 after purchasing an additional 289,451 shares during the last quarter. 37.56% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently commented on CMPO. Benchmark increased their price objective on shares of CompoSecure from $12.00 to $17.00 and gave the company a “buy” rating in a research report on Wednesday. Compass Point raised their price target on shares of CompoSecure from $11.50 to $14.50 and gave the stock a “buy” rating in a report on Tuesday, August 20th. Needham & Company LLC boosted their price objective on shares of CompoSecure from $15.00 to $16.00 and gave the company a “buy” rating in a report on Thursday, August 8th. JPMorgan Chase & Co. upped their target price on CompoSecure from $8.00 to $12.00 and gave the company a “neutral” rating in a research report on Tuesday, August 20th. Finally, Bank of America lifted their price target on CompoSecure from $9.00 to $10.00 and gave the stock a “buy” rating in a research report on Thursday, August 8th. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, CompoSecure has an average rating of “Moderate Buy” and a consensus target price of $14.21.

About CompoSecure

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.