Robert L. Reffkin Sells 245,856 Shares of Compass, Inc. (NYSE:COMP) Stock

Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin sold 245,856 shares of the firm’s stock in a transaction on Thursday, November 14th. The shares were sold at an average price of $6.92, for a total value of $1,701,323.52. Following the transaction, the chief executive officer now owns 1,149,746 shares in the company, valued at approximately $7,956,242.32. This trade represents a 17.62 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Robert L. Reffkin also recently made the following trade(s):

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

Compass Stock Performance

Shares of COMP opened at $6.30 on Wednesday. The business has a 50-day moving average of $6.14 and a 200 day moving average of $4.89. Compass, Inc. has a fifty-two week low of $1.99 and a fifty-two week high of $7.01. The firm has a market cap of $3.21 billion, a P/E ratio of -15.74 and a beta of 2.91.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on COMP. The Goldman Sachs Group upped their price objective on shares of Compass from $4.00 to $4.50 and gave the stock a “buy” rating in a research report on Thursday, August 1st. UBS Group upped their target price on Compass from $4.40 to $6.50 and gave the company a “neutral” rating in a report on Tuesday, October 22nd. Barclays lifted their price target on Compass from $5.00 to $6.00 and gave the stock an “equal weight” rating in a report on Thursday, October 31st. Oppenheimer restated an “outperform” rating and issued a $8.50 price objective (up previously from $8.00) on shares of Compass in a research note on Friday, November 1st. Finally, Needham & Company LLC lifted their target price on Compass from $6.00 to $8.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $5.53.

Compass Company Profile

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, client service, operations, and other functionality in the real estate industry. The company offers mobile apps that allow agents to manage their business anytime and anywhere, as well as designs consumer-grade user interfaces, automated and simplified workflows for agent-client interactions, and insight-rich dashboards and reports.