Insider Selling: Compass, Inc. (NYSE:COMP) Director Sells 35,683 Shares of Stock

Compass, Inc. (NYSE:COMP) Director Pamela Thomas-Graham sold 35,683 shares of the company’s stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $9.00, for a total transaction of $321,147.00. Following the sale, the director now directly owns 93,990 shares of the company’s stock, valued at approximately $845,910. This represents a 27.52 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Compass Price Performance

Shares of COMP opened at $9.01 on Friday. The firm has a market cap of $4.60 billion, a P/E ratio of -29.05 and a beta of 2.95. Compass, Inc. has a 1 year low of $2.89 and a 1 year high of $10.25. The company has a 50 day simple moving average of $6.80 and a two-hundred day simple moving average of $6.27.

Compass (NYSE:COMP) last posted its earnings results on Tuesday, February 18th. The company reported ($0.08) earnings per share for the quarter, beating the consensus estimate of ($0.10) by $0.02. The company had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $1.38 billion. Compass had a negative net margin of 2.74% and a negative return on equity of 39.72%. During the same period last year, the company posted ($0.09) earnings per share. On average, sell-side analysts anticipate that Compass, Inc. will post 0.09 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Morgan Stanley upped their price objective on Compass from $6.00 to $8.50 and gave the stock an “equal weight” rating in a research note on Wednesday. Needham & Company LLC upped their price target on Compass from $10.00 to $12.00 and gave the stock a “buy” rating in a research report on Wednesday. The Goldman Sachs Group lifted their price objective on Compass from $8.00 to $9.00 and gave the company a “buy” rating in a research report on Wednesday. UBS Group increased their target price on shares of Compass from $11.00 to $12.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Oppenheimer lifted their price target on shares of Compass from $12.00 to $13.00 and gave the company an “outperform” rating in a report on Wednesday. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $8.69.

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.