CompoSecure, Inc. (NASDAQ:CMPO) CRO Sells $14,400.00 in Stock

CompoSecure, Inc. (NASDAQ:CMPO - Get Free Report) CRO Amanda Mandy Gourbault sold 900 shares of the business's stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $16.00, for a total transaction of $14,400.00. Following the transaction, the executive now owns 831,504 shares of the company's stock, valued at $13,304,064. This trade represents a 0.11 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Amanda Mandy Gourbault also recently made the following trade(s):

• On Thursday, February 27th, Amanda Mandy Gourbault sold 9,622 shares of CompoSecure stock. The shares were sold at an average price of $16.09, for a total value of $154,817.98.

CompoSecure Price Performance

NASDAQ CMPO traded down $1.19 on Monday, reaching $12.15. 2,279,364 shares of the company's stock traded hands, compared to its average volume of 1,085,258. The stock has a market cap of $1.07 billion, a PE ratio of -27.61, a P/E/G ratio of 2.63 and a beta of 0.78. CompoSecure, Inc. has a 12 month low of $4.61 and a 12 month high of $17.71. The stock has a 50-day simple moving average of $15.41 and a 200 day simple moving average of $14.59.

Wall Street Analysts Forecast Growth

CMPO has been the topic of several recent analyst reports. JPMorgan Chase & Co. raised their price target on CompoSecure from $12.00 to $16.00 and gave the company a "neutral" rating in a report on Monday, December 2nd. TD Cowen began coverage on shares of CompoSecure in a research report on Wednesday, December 18th. They issued a "buy" rating and a $20.00 price objective on the stock. Needham & Company LLC reiterated a "buy" rating and set a $16.00 target price on shares of CompoSecure in a research report on Monday, November 11th. Benchmark reissued a "buy" rating and issued a $17.00 price target on shares of CompoSecure in a research note on Tuesday, November 12th. Finally, B. Riley raised their price objective on shares of CompoSecure from $18.00 to $23.00 and gave the company a "buy" rating in a research report on Monday, November 11th. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, CompoSecure presently has a consensus rating of "Moderate Buy" and an average price target of $16.81.

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Hedge Funds Weigh In On CompoSecure

Institutional investors and hedge funds have recently made changes to their positions in the business. Wolverine Asset Management LLC bought a new stake in CompoSecure in the third quarter worth $74,000. KLP Kapitalforvaltning AS purchased a new position in shares of CompoSecure in the fourth quarter worth about $75,000. FMR LLC lifted its stake in shares of CompoSecure by 693.0% in the 3rd 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 last quarter. Harvest Fund Management Co. Ltd purchased a new stake in CompoSecure during the 3rd quarter valued at about $140,000. Finally, Principal Financial Group Inc. bought a new position in CompoSecure during the 3rd quarter worth approximately $146,000. 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.