Gamco Investors INC. ET AL Invests $1.46 Million in CompoSecure, Inc. (NASDAQ:CMPO)

Gamco Investors INC. ET AL purchased a new stake in shares of CompoSecure, Inc. (NASDAQ:CMPO - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 95,000 shares of the company's stock, valued at approximately $1,456,000. Gamco Investors INC. ET AL owned 0.11% of CompoSecure as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of CMPO. FMR LLC raised its stake in shares of CompoSecure by 693.0% in the third quarter. FMR LLC now owns 5,900 shares of the company's stock valued at $83,000 after acquiring an additional 5,156 shares during the period. State Street Corp raised its position in CompoSecure by 20.1% in the 3rd quarter. State Street Corp now owns 395,691 shares of the company's stock worth $5,548,000 after purchasing an additional 66,232 shares during the period. Barclays PLC lifted its stake in CompoSecure by 474.6% in the third quarter. Barclays PLC now owns 34,754 shares of the company's stock worth $488,000 after purchasing an additional 28,706 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of CompoSecure by 34.1% during the third quarter. Geode Capital Management LLC now owns 585,746 shares of the company's stock valued at $8,214,000 after buying an additional 148,833 shares during the period. Finally, Tyro Capital Management LLC bought a new position in shares of CompoSecure during the third quarter valued at approximately $27,978,000. 37.56% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, Director Resolute Compo Holdings Llc acquired 233,070 shares of CompoSecure stock in a transaction that occurred on Thursday, February 20th. The stock was purchased at an average price of $16.57 per share, for a total transaction of $3,861,969.90. Following the purchase, the director now directly owns 879,963 shares in the company, valued at $14,580,986.91. The trade was a 36.03 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CRO Amanda Mandy Gourbault sold 9,622 shares of the firm's stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $16.09, for a total transaction of $154,817.98. Following the completion of the sale, the executive now owns 821,782 shares of the company's stock, valued at approximately $13,222,472.38. This trade represents a 1.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders acquired 704,421 shares of company stock valued at $10,929,922 and sold 34,340 shares valued at $430,701. 74.99% of the stock is currently owned by insiders.

CompoSecure Stock Performance

CompoSecure stock traded up $0.25 during midday trading on Wednesday, hitting $10.85. 436,437 shares of the company's stock were exchanged, compared to its average volume of 817,434. The firm has a 50-day moving average of $11.96 and a two-hundred day moving average of $14.14. CompoSecure, Inc. has a 12 month low of $5.98 and a 12 month high of $17.71. The company has a market cap of $1.11 billion, a PE ratio of -24.65, a P/E/G ratio of 2.63 and a beta of 0.87.

Analyst Ratings Changes

CMPO has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. dropped their price objective on CompoSecure from $16.00 to $15.00 and set a "neutral" rating for the company in a report on Thursday, March 6th. Needham & Company LLC lowered their target price on shares of CompoSecure from $16.00 to $15.00 and set a "buy" rating for the company in a research note on Thursday, March 6th. Finally, Lake Street Capital reduced their price target on shares of CompoSecure from $18.00 to $15.00 and set a "buy" rating on the stock in a research note on Thursday, March 6th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $16.19.

CompoSecure 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.