Atria Investments Inc Invests $546,000 in CompoSecure, Inc. (NASDAQ:CMPO)

Atria Investments Inc bought a new position in CompoSecure, Inc. (NASDAQ:CMPO - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 35,612 shares of the company's stock, valued at approximately $546,000.

Several other hedge funds have also added to or reduced their stakes in CMPO. Tyro Capital Management LLC purchased a new stake in CompoSecure in the third quarter worth about $27,978,000. Woodson Capital Management LP bought a new stake in shares of CompoSecure in the 3rd quarter valued at approximately $10,795,000. Concentric Capital Strategies LP bought a new stake in shares of CompoSecure in the 3rd quarter valued at approximately $5,445,000. Progeny 3 Inc. purchased a new stake in shares of CompoSecure in the third quarter worth approximately $5,243,000. Finally, Otter Creek Advisors LLC purchased a new stake in shares of CompoSecure in the fourth quarter worth approximately $3,348,000. 37.56% of the stock is owned by institutional investors.

CompoSecure Stock Performance

CMPO traded up $0.13 during trading on Monday, reaching $11.15. The company's stock had a trading volume of 257,435 shares, compared to its average volume of 754,929. CompoSecure, Inc. has a 52-week low of $5.69 and a 52-week high of $17.71. The company's fifty day moving average price is $14.52 and its 200-day moving average price is $14.57. The company has a market capitalization of $1.14 billion, a price-to-earnings ratio of -25.25, a price-to-earnings-growth ratio of 2.63 and a beta of 0.77.

Analyst Ratings Changes

CMPO has been the topic of several recent research reports. Needham & Company LLC dropped 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 began coverage on CompoSecure in a research note on Wednesday, December 18th. They set a "buy" rating and a $20.00 price target on the stock. JPMorgan Chase & Co. decreased 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. Finally, Lake Street Capital reduced 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. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, CompoSecure has an average rating of "Moderate Buy" and an average price target of $16.19.

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Insider Activity

In other CompoSecure news, Director Resolute Compo Holdings Llc purchased 205,120 shares of the firm's stock in a transaction that occurred on Friday, February 14th. The stock was purchased at an average cost of $15.83 per share, with a total value of $3,247,049.60. Following the transaction, the director now owns 646,893 shares in the company, valued at approximately $10,240,316.19. This trade represents a 46.43 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CRO Amanda Mandy Gourbault sold 9,622 shares of the company's stock in a transaction dated 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 in the company, valued at approximately $13,222,472.38. This trade represents a 1.16 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders purchased 659,376 shares of company stock worth $10,429,021 and sold 29,340 shares worth $375,651. Insiders own 74.99% of the company's stock.

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.