Compass, Inc. (NYSE:COMP) General Counsel Sells $1,259,243.52 in Stock

Compass, Inc. (NYSE:COMP - Get Free Report) General Counsel Bradley K. Serwin sold 137,472 shares of the company's stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $9.16, for a total value of $1,259,243.52. Following the completion of the transaction, the general counsel now directly owns 221,595 shares in the company, valued at approximately $2,029,810.20. This trade represents a 38.29 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Compass Stock Performance

Shares of Compass stock traded up $0.16 during trading hours on Tuesday, reaching $9.26. 2,163,042 shares of the company were exchanged, compared to its average volume of 6,504,495. The firm has a market cap of $4.72 billion, a PE ratio of -29.82 and a beta of 2.95. The stock's fifty day moving average is $6.85 and its 200 day moving average is $6.32. Compass, Inc. has a 1 year low of $2.89 and a 1 year high of $10.25.

Compass (NYSE:COMP - Get Free Report) last issued its quarterly earnings results on Tuesday, February 18th. The company reported ($0.08) earnings per share for the quarter, topping the consensus estimate of ($0.10) by $0.02. The company had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.38 billion. Compass had a negative return on equity of 39.72% and a negative net margin of 2.74%. During the same quarter in the prior year, the business earned ($0.09) EPS. Research analysts expect that Compass, Inc. will post 0.09 earnings per share for the current year.

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Analyst Upgrades and Downgrades

COMP has been the subject of a number of recent analyst reports. Oppenheimer lifted their price target on shares of Compass from $12.00 to $13.00 and gave the company an "outperform" rating in a research report on Wednesday, February 19th. Needham & Company LLC lifted their target price on shares of Compass from $10.00 to $12.00 and gave the company a "buy" rating in a report on Wednesday, February 19th. The Goldman Sachs Group upped their price target on Compass from $8.00 to $9.00 and gave the stock a "buy" rating in a research note on Wednesday, February 19th. Morgan Stanley lifted their price objective on Compass from $6.00 to $8.50 and gave the company an "equal weight" rating in a research note on Wednesday, February 19th. Finally, UBS Group increased their target price on Compass from $11.00 to $12.00 and gave the stock a "buy" rating in a research note on Wednesday, February 19th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, Compass currently has an average rating of "Moderate Buy" and a consensus price target of $8.94.

About Compass

Compass, Inc provides real estate brokerage services in the United States. It operates a cloud-based platform that provides an integrated suite of software for customer relationship management, marketing, client service, operations, and other functionality in the real estate industry. The company offers mobile apps that allow agents to manage their business anytime and anywhere, as well as designs consumer-grade user interfaces, automated and simplified workflows for agent-client interactions, and insight-rich dashboards and reports.