Rep. Brad Knott Buys CompoSecure, Inc. (NASDAQ:CMPO) Stock

Representative Brad Knott (R-North Carolina) recently bought shares of CompoSecure, Inc. (NASDAQ:CMPO). In a filing disclosed on February 25th, the Representative disclosed that they had bought between $1,001 and $15,000 in CompoSecure stock on January 10th. The trade occurred in the Representative’s “CHARLES SCHWAB BROKERAGE ACCOUNT 1” account.

Representative Brad Knott also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of CompoSecure (NASDAQ:CMPO) on 1/14/2025.
• Sold $15,001 – $50,000 in shares of Oramed Pharmaceuticals (NASDAQ:ORMP) on 1/10/2025.

CompoSecure Stock Performance

NASDAQ:CMPO opened at $15.80 on Thursday. CompoSecure, Inc. has a one year low of $4.61 and a one year high of $17.71. The business’s 50-day simple moving average is $15.46 and its 200 day simple moving average is $14.51. The stock has a market cap of $1.39 billion, a price-to-earnings ratio of -35.91, a price-to-earnings-growth ratio of 2.63 and a beta of 0.78.

Institutional Trading of CompoSecure

Several hedge funds and other institutional investors have recently bought and sold shares of CMPO. Locust Wood Capital Advisers LLC grew its holdings in shares of CompoSecure by 19.1% during the fourth quarter. Locust Wood Capital Advisers LLC now owns 4,579,143 shares of the company’s stock valued at $70,198,000 after purchasing an additional 734,202 shares during the last quarter. Bleichroeder LP grew its holdings in shares of CompoSecure by 1.6% during the fourth quarter. Bleichroeder LP now owns 3,856,966 shares of the company’s stock valued at $59,127,000 after purchasing an additional 59,416 shares during the last quarter. Cannell Capital LLC grew its holdings in shares of CompoSecure by 8.0% during the fourth quarter. Cannell Capital LLC now owns 2,278,726 shares of the company’s stock valued at $34,933,000 after purchasing an additional 169,067 shares during the last quarter. Tyro Capital Management LLC grew its holdings in shares of CompoSecure by 1.2% during the fourth quarter. Tyro Capital Management LLC now owns 2,019,078 shares of the company’s stock valued at $30,952,000 after purchasing an additional 23,468 shares during the last quarter. Finally, Capital World Investors bought a new position in shares of CompoSecure during the fourth quarter valued at approximately $27,387,000. 37.56% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. JPMorgan Chase & Co. boosted their price target on CompoSecure from $12.00 to $16.00 and gave the stock a “neutral” rating in a research note on Monday, December 2nd. Needham & Company LLC reiterated a “buy” rating and issued a $16.00 price target on shares of CompoSecure in a research note on Monday, November 11th. Benchmark reiterated a “buy” rating and issued a $17.00 price target on shares of CompoSecure in a research note on Tuesday, November 12th. B. Riley boosted their price objective on CompoSecure from $18.00 to $23.00 and gave the company a “buy” rating in a report on Monday, November 11th. Finally, TD Cowen initiated coverage on CompoSecure in a report on Wednesday, December 18th. They issued a “buy” rating and a $20.00 price objective for the company. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $16.81.

Insider Activity

In other CompoSecure news, Director Resolute Compo Holdings Llc acquired 233,070 shares of the firm’s stock in a transaction that occurred on Thursday, February 20th. The stock was acquired at an average cost of $16.57 per share, with a total value of $3,861,969.90. Following the acquisition, the director now directly owns 879,963 shares of the company’s stock, valued at $14,580,986.91. This represents a 36.03 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Gregoire Maes sold 55,137 shares of the stock in a transaction that occurred on Friday, December 6th. The stock was 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 trade represents a 6.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders purchased 659,376 shares of company stock valued at $10,429,021 and sold 156,337 shares valued at $2,525,818. Corporate insiders own 74.99% of the company’s stock.

About Representative Knott

Brad Knott (Republican Party) is a member of the U.S. House, representing North Carolina’s 13th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Knott (Republican Party) ran for election to the U.S. House to represent North Carolina’s 13th Congressional District. He won in the general election on November 5, 2024.

Brad Knott grew up in Raleigh, North Carolina. He earned a J.D. from Wake Forest University. Knott’s career experience includes working as a federal prosecutor in the U.S. Attorney’s Office for Eastern North Carolina.

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.