CompoSecure, Inc. (NASDAQ:CMPO) Insider Sells $55,050.00 in Stock

CompoSecure, Inc. (NASDAQ:CMPO - Get Free Report) insider Adam Joseph Lowe sold 5,000 shares of the company's stock in a transaction on Monday, March 17th. The shares were sold at an average price of $11.01, for a total transaction of $55,050.00. Following the completion of the transaction, the insider now owns 1,481,036 shares in the company, valued at approximately $16,306,206.36. This represents a 0.34 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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 transaction of $206,433.46.

CompoSecure Price Performance

CMPO stock traded down $0.11 during midday trading on Friday, reaching $11.30. The company had a trading volume of 1,548,389 shares, compared to its average volume of 765,973. The company has a market capitalization of $1.16 billion, a price-to-earnings ratio of -25.68, a price-to-earnings-growth ratio of 2.63 and a beta of 0.77. CompoSecure, Inc. has a 1-year low of $5.98 and a 1-year high of $17.71. The stock has a 50 day moving average price of $14.24 and a 200-day moving average price of $14.52.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Needham & Company LLC decreased their target price on CompoSecure from $16.00 to $15.00 and set a "buy" rating on the stock in a research report on Thursday, March 6th. TD Cowen assumed coverage on CompoSecure in a report on Wednesday, December 18th. They issued a "buy" rating and a $20.00 price objective on the stock. Lake Street Capital dropped their target price on CompoSecure from $18.00 to $15.00 and set a "buy" rating for the company in a report on Thursday, March 6th. Finally, JPMorgan Chase & Co. lowered their price target on shares of CompoSecure from $16.00 to $15.00 and set a "neutral" rating on the stock in a research report on Thursday, March 6th. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, CompoSecure currently has an average rating of "Moderate Buy" and a consensus target price of $16.19.

Remove Ads

Institutional Trading of CompoSecure

Several large investors have recently made changes to their positions in CMPO. Verition Fund Management LLC bought a new stake in CompoSecure during the third quarter worth $798,000. Geode Capital Management LLC raised its holdings in shares of CompoSecure by 34.1% during the 3rd quarter. Geode Capital Management LLC now owns 585,746 shares of the company's stock worth $8,214,000 after buying an additional 148,833 shares in the last quarter. Allspring Global Investments Holdings LLC bought a new stake in shares of CompoSecure during the 4th quarter worth $526,000. JPMorgan Chase & Co. boosted its stake in CompoSecure by 555.0% in the third quarter. JPMorgan Chase & Co. now owns 51,949 shares of the company's stock valued at $728,000 after buying an additional 44,018 shares in the last quarter. Finally, Truist Financial Corp grew its position in CompoSecure by 286.9% in the fourth quarter. Truist Financial Corp now owns 48,368 shares of the company's stock valued at $741,000 after acquiring an additional 35,868 shares during the last quarter. Institutional investors and hedge funds 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.