CompoSecure, Inc. (NASDAQ:CMPO) Shares Bought by Barclays PLC

Barclays PLC grew its position in CompoSecure, Inc. (NASDAQ:CMPO - Free Report) by 474.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 34,754 shares of the company's stock after purchasing an additional 28,706 shares during the period. Barclays PLC's holdings in CompoSecure were worth $488,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Geode Capital Management LLC lifted its position in 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 purchasing an additional 148,833 shares during the period. State Street Corp raised its stake in shares of CompoSecure by 20.1% during the 3rd quarter. State Street Corp now owns 395,691 shares of the company's stock valued at $5,548,000 after buying an additional 66,232 shares during the last quarter. Quadrature Capital Ltd lifted its holdings in shares of CompoSecure by 137.3% in the 3rd quarter. Quadrature Capital Ltd now owns 32,071 shares of the company's stock valued at $449,000 after buying an additional 18,554 shares during the period. Janus Henderson Group PLC boosted its stake in shares of CompoSecure by 43.9% in the third quarter. Janus Henderson Group PLC now owns 17,682 shares of the company's stock worth $248,000 after buying an additional 5,396 shares during the last quarter. Finally, Centiva Capital LP acquired a new stake in CompoSecure during the third quarter worth about $151,000. 37.56% of the stock is currently owned by hedge funds and other institutional investors.

CompoSecure Price Performance

CompoSecure stock traded up $0.22 during midday trading on Friday, reaching $14.76. The company had a trading volume of 489,986 shares, compared to its average volume of 823,976. CompoSecure, Inc. has a 12-month low of $4.61 and a 12-month high of $17.03. The company has a market capitalization of $1.30 billion, a P/E ratio of -33.55, a P/E/G ratio of 2.19 and a beta of 0.77. The firm's fifty day simple moving average is $15.41 and its 200-day simple moving average is $12.94.

CompoSecure (NASDAQ:CMPO - Get Free Report) last issued its quarterly earnings results on Friday, November 8th. The company reported $0.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.29 by ($0.02). CompoSecure had a negative return on equity of 14.87% and a negative net margin of 5.63%. The firm had revenue of $107.14 million during the quarter, compared to analyst estimates of $105.11 million. During the same period in the prior year, the firm earned $0.24 earnings per share. On average, analysts expect that CompoSecure, Inc. will post 1.02 EPS for the current fiscal year.

Insider Activity

In related news, COO Gregoire Maes sold 24,323 shares of CompoSecure stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $16.25, for a total transaction of $395,248.75. Following the transaction, the chief operating officer now owns 762,009 shares in the company, valued at approximately $12,382,646.25. This trade represents a 3.09 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Adam Joseph Lowe sold 66,350 shares of the company's stock in a transaction on Monday, December 9th. The shares were sold at an average price of $15.91, for a total value of $1,055,628.50. Following the completion of the sale, the insider now owns 1,358,692 shares of the company's stock, valued at approximately $21,616,789.72. The trade was a 4.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 180,660 shares of company stock worth $2,921,066 over the last three months. Insiders own 74.99% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on CMPO shares. Benchmark reissued a "buy" rating and issued a $17.00 price target on shares of CompoSecure in a report on Tuesday, November 12th. Lake Street Capital boosted their target price on shares of CompoSecure from $14.00 to $18.00 and gave the company a "buy" rating in a research note on Wednesday, October 2nd. TD Cowen began coverage on shares of CompoSecure in a report on Wednesday, December 18th. They issued a "buy" rating and a $20.00 price objective for the company. Needham & Company LLC reissued a "buy" rating and set a $16.00 target price on shares of CompoSecure in a research note on Monday, November 11th. Finally, B. Riley raised their target price on 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 given a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $16.81.

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.