Insider Selling: Compass, Inc. (NYSE:COMP) CEO Sells $3,067,146.36 in Stock

Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin sold 496,302 shares of the company’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $6.18, for a total transaction of $3,067,146.36. Following the completion of the transaction, the chief executive officer now owns 653,444 shares of the company’s stock, valued at approximately $4,038,283.92. The trade was a 43.17 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

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 Trading Up 2.2 %

NYSE:COMP opened at $6.44 on Thursday. The firm has a 50-day moving average price of $6.15 and a two-hundred day moving average price of $4.91. Compass, Inc. has a twelve month low of $1.99 and a twelve month high of $7.01. The company has a market capitalization of $3.29 billion, a P/E ratio of -16.10 and a beta of 2.91.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on COMP. Needham & Company LLC increased their price target on shares of Compass from $6.00 to $8.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. UBS Group upped their price objective on shares of Compass from $4.40 to $6.50 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. Oppenheimer restated an “outperform” rating and set a $8.50 price objective (up previously from $8.00) on shares of Compass in a research report on Friday, November 1st. 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. Finally, Barclays upped their price objective on shares of Compass from $5.00 to $6.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 31st. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, Compass currently has an average rating of “Moderate Buy” and an average price target of $5.53.

About Compass

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.