Atria Investments Inc acquired a new stake in CompoSecure, Inc. (NASDAQ:CMPO - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 35,612 shares of the company's stock, valued at approximately $546,000.
Other institutional investors have also modified their holdings of the company. FMR LLC grew 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 buying an additional 5,156 shares in the last quarter. Wolverine Asset Management LLC grew its stake in CompoSecure by 76.3% during the 4th quarter. Wolverine Asset Management LLC now owns 9,335 shares of the company's stock worth $143,000 after purchasing an additional 4,039 shares in the last quarter. Harvest Fund Management Co. Ltd acquired a new position in CompoSecure during the 3rd quarter worth $140,000. Principal Financial Group Inc. acquired a new position in CompoSecure during the 3rd quarter worth $146,000. Finally, Clear Harbor Asset Management LLC acquired a new position in CompoSecure during the 4th quarter worth $162,000. 37.56% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
CMPO has been the subject of a number of recent analyst reports. TD Cowen initiated coverage on CompoSecure in a report on Wednesday, December 18th. They set a "buy" rating and a $20.00 price target for the company. JPMorgan Chase & Co. decreased their price target on CompoSecure from $16.00 to $15.00 and set a "neutral" rating for the company in a report on Thursday, March 6th. Lake Street Capital decreased their price target on CompoSecure from $18.00 to $15.00 and set a "buy" rating for the company in a report on Thursday, March 6th. Finally, Needham & Company LLC decreased their price target on CompoSecure from $16.00 to $15.00 and set a "buy" rating for the company in a report 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. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $16.19.
Read Our Latest Report on CMPO
CompoSecure Trading Down 0.8 %
Shares of CompoSecure stock traded down $0.08 on Tuesday, hitting $11.06. The stock had a trading volume of 41,254 shares, compared to its average volume of 754,240. CompoSecure, Inc. has a 52-week low of $5.69 and a 52-week high of $17.71. The stock has a market cap of $1.13 billion, a price-to-earnings ratio of -25.08, a P/E/G ratio of 2.63 and a beta of 0.77. The company's 50 day moving average price is $14.44 and its 200 day moving average price is $14.57.
Insider Activity
In other CompoSecure news, insider Adam Joseph Lowe sold 5,000 shares of the company's stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $11.01, for a total transaction of $55,050.00. Following the completion of the sale, the insider now directly owns 1,481,036 shares of the company's stock, valued at $16,306,206.36. This represents a 0.34 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CRO Amanda Mandy Gourbault sold 9,622 shares of the company's stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $16.09, for a total value of $154,817.98. Following the completion of the sale, the executive now owns 821,782 shares in the company, valued at approximately $13,222,472.38. This represents a 1.16 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders bought 659,376 shares of company stock valued at $10,429,021 and sold 34,340 shares valued at $430,701. Company insiders own 74.99% of the company's stock.
CompoSecure Company Profile
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Free Report)
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.
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