CompoSecure, Inc. (NASDAQ:CMPO) Insider Adam Joseph Lowe Sells 5,000 Shares

CompoSecure, Inc. (NASDAQ:CMPO) insider Adam Joseph Lowe sold 5,000 shares of the company’s stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $11.01, for a total value of $55,050.00. Following the sale, the insider now owns 1,481,036 shares of the company’s stock, valued at $16,306,206.36. This represents a 0.34 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Adam Joseph Lowe also recently made the following trade(s):

• On Wednesday, March 12th, Adam Joseph Lowe sold 18,818 shares of CompoSecure stock. The stock was sold at an average price of $10.97, for a total value of $206,433.46.

CompoSecure Price Performance

NASDAQ:CMPO opened at $11.14 on Tuesday. CompoSecure, Inc. has a 1-year low of $5.69 and a 1-year high of $17.71. The stock has a market cap of $1.14 billion, a P/E ratio of -25.32, a PEG ratio of 2.63 and a beta of 0.77. The firm has a 50-day moving average of $14.44 and a two-hundred day moving average of $14.57.

Analyst Ratings Changes

Several equities research analysts have issued reports on CMPO shares. TD Cowen began coverage on shares of CompoSecure in a research note on Wednesday, December 18th. They set a “buy” rating and a $20.00 price objective for the company. Needham & Company LLC decreased their price target on shares of CompoSecure from $16.00 to $15.00 and set a “buy” rating for the company in a research report on Thursday, March 6th. Lake Street Capital cut their price objective on CompoSecure from $18.00 to $15.00 and set a “buy” rating on the stock in a research report on Thursday, March 6th. Finally, JPMorgan Chase & Co. decreased their target price on CompoSecure from $16.00 to $15.00 and set a “neutral” rating for the company in a research report on Thursday, March 6th. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $16.19.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of CMPO. Locust Wood Capital Advisers LLC raised its position in shares of CompoSecure by 19.1% in the 4th 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 in the last quarter. Bleichroeder LP increased its stake in shares of CompoSecure by 1.6% in the fourth quarter. Bleichroeder LP now owns 3,856,966 shares of the company’s stock worth $59,127,000 after buying an additional 59,416 shares during the last quarter. Cannell Capital LLC raised its holdings in CompoSecure by 8.0% in the fourth quarter. Cannell Capital LLC now owns 2,278,726 shares of the company’s stock valued at $34,933,000 after acquiring an additional 169,067 shares in the last quarter. Tyro Capital Management LLC boosted its stake in CompoSecure by 1.2% during the 4th quarter. Tyro Capital Management LLC now owns 2,019,078 shares of the company’s stock valued at $30,952,000 after acquiring an additional 23,468 shares during the last quarter. Finally, Capital World Investors acquired a new position in CompoSecure during the 4th quarter worth $27,387,000. Hedge funds and other institutional investors own 37.56% 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.