10,787 Shares in CompoSecure, Inc. (NASDAQ:CMPO) Purchased by Centiva Capital LP

Centiva Capital LP bought a new stake in CompoSecure, Inc. (NASDAQ:CMPO) during the third quarter, Holdings Channel.com reports. The fund bought 10,787 shares of the company’s stock, valued at approximately $151,000.

Other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in shares of CompoSecure by 1.6% in the first quarter. Vanguard Group Inc. now owns 843,476 shares of the company’s stock worth $6,098,000 after acquiring an additional 13,081 shares during the last quarter. CWM LLC grew its position in CompoSecure by 205.9% in the 2nd quarter. CWM LLC now owns 3,656 shares of the company’s stock worth $25,000 after purchasing an additional 2,461 shares during the last quarter. Bailard Inc. bought a new position in shares of CompoSecure during the 2nd quarter worth about $259,000. Bank of New York Mellon Corp raised its position in shares of CompoSecure by 16.0% during the second quarter. Bank of New York Mellon Corp now owns 50,031 shares of the company’s stock valued at $340,000 after buying an additional 6,891 shares during the last quarter. Finally, Ritholtz Wealth Management bought a new stake in shares of CompoSecure in the second quarter valued at about $84,000. 37.56% of the stock is owned by institutional investors.

CompoSecure Price Performance

CompoSecure stock opened at $16.55 on Friday. The firm has a market capitalization of $1.46 billion, a P/E ratio of -37.61, a P/E/G ratio of 2.65 and a beta of 0.76. The stock has a fifty day moving average price of $15.24 and a two-hundred day moving average price of $11.40. CompoSecure, Inc. has a 52-week low of $4.61 and a 52-week high of $16.80.

CompoSecure (NASDAQ:CMPO) last announced its quarterly earnings results on Friday, November 8th. The company reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.02). The firm had revenue of $107.14 million for the quarter, compared to the consensus estimate of $105.11 million. CompoSecure had a negative net margin of 5.63% and a negative return on equity of 14.87%. During the same period in the prior year, the business earned $0.24 earnings per share. On average, equities research analysts predict that CompoSecure, Inc. will post 1.02 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on CMPO shares. Benchmark restated a “buy” rating and set a $17.00 price target on shares of CompoSecure in a research note on Tuesday, November 12th. Needham & Company LLC restated a “buy” rating and issued a $16.00 target price on shares of CompoSecure in a research note on Monday, November 11th. JPMorgan Chase & Co. raised their target price on CompoSecure from $12.00 to $16.00 and gave the stock a “neutral” rating in a research report on Monday, December 2nd. B. Riley boosted their price target on shares of CompoSecure from $18.00 to $23.00 and gave the company a “buy” rating in a report on Monday, November 11th. Finally, Compass Point increased their price objective on shares of CompoSecure from $11.50 to $14.50 and gave the company a “buy” rating in a research note on Tuesday, August 20th. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, CompoSecure presently has a consensus rating of “Moderate Buy” and an average target price of $16.36.

Insider Activity

In other news, Director Michele Logan sold 10,017,983 shares of the stock in a transaction on Tuesday, September 17th. The stock was sold at an average price of $7.55, for a total transaction of $75,635,771.65. Following the sale, the director now owns 2,043,320 shares in the company, valued at approximately $15,427,066. This represents a 83.06 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Gregoire Maes sold 55,137 shares of CompoSecure stock in a transaction dated Friday, December 6th. The shares were sold at an average price of $16.40, for a total value of $904,246.80. Following the completion of the transaction, the chief operating officer now directly owns 762,009 shares of the company’s stock, valued at $12,496,947.60. This represents a 6.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 10,816,657 shares of company stock worth $83,222,844. Insiders own 74.99% of the company’s stock.

CompoSecure Company Profile

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.