CompoSecure, Inc. (NASDAQ:CMPO) Given Consensus Recommendation of "Moderate Buy" by Analysts

CompoSecure, Inc. (NASDAQ:CMPO - Get Free Report) has been assigned an average rating of "Moderate Buy" from the eight ratings firms that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $16.19.

A number of brokerages have weighed in on CMPO. JPMorgan Chase & Co. lowered their price objective on CompoSecure from $16.00 to $15.00 and set a "neutral" rating for the company in a research note on Thursday. TD Cowen started coverage on shares of CompoSecure in a report on Wednesday, December 18th. They issued a "buy" rating and a $20.00 price target on the stock. Lake Street Capital decreased their price objective on shares of CompoSecure from $18.00 to $15.00 and set a "buy" rating for the company in a report on Thursday. B. Riley upped their target price on shares of CompoSecure from $18.00 to $23.00 and gave the company a "buy" rating in a research note on Monday, November 11th. Finally, Benchmark reaffirmed a "buy" rating and set a $17.00 price target on shares of CompoSecure in a research report on Tuesday, November 12th.

Insider Transactions at CompoSecure

In related news, CRO Amanda Mandy Gourbault sold 9,622 shares of the firm's stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $16.09, for a total transaction of $154,817.98. Following the transaction, the executive now owns 821,782 shares in the company, valued at $13,222,472.38. This trade represents a 1.16 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Adam Joseph Lowe sold 66,350 shares of CompoSecure stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $15.91, for a total value of $1,055,628.50. Following the transaction, the insider now directly owns 1,358,692 shares in the company, 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. Over the last three months, insiders acquired 659,376 shares of company stock worth $10,429,021 and sold 76,872 shares worth $1,224,846. Insiders own 74.99% of the company's stock.

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Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Verition Fund Management LLC purchased a new position in CompoSecure during the 3rd quarter valued at about $798,000. Geode Capital Management LLC boosted its holdings in shares of CompoSecure by 34.1% during the third quarter. Geode Capital Management LLC now owns 585,746 shares of the company's stock worth $8,214,000 after purchasing an additional 148,833 shares during the period. Allspring Global Investments Holdings LLC purchased a new position in CompoSecure during the fourth quarter valued at approximately $526,000. JPMorgan Chase & Co. increased its stake in CompoSecure by 555.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 51,949 shares of the company's stock valued at $728,000 after buying an additional 44,018 shares during the period. Finally, State Street Corp lifted its position in CompoSecure by 20.1% in the 3rd quarter. State Street Corp now owns 395,691 shares of the company's stock worth $5,548,000 after buying an additional 66,232 shares in the last quarter. Hedge funds and other institutional investors own 37.56% of the company's stock.

CompoSecure Price Performance

CMPO traded down $0.59 during trading hours on Tuesday, reaching $10.97. 2,021,158 shares of the stock traded hands, compared to its average volume of 737,278. CompoSecure has a fifty-two week low of $5.58 and a fifty-two week high of $17.71. The company has a market cap of $966.80 million, a price-to-earnings ratio of -24.93, a PEG ratio of 2.63 and a beta of 0.77. The firm's fifty day simple moving average is $15.09 and its two-hundred day simple moving average is $14.56.

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.