Pacific Ridge Capital Partners LLC Has $852,000 Stock Holdings in CompoSecure, Inc. (NASDAQ:CMPO)

Pacific Ridge Capital Partners LLC trimmed its holdings in CompoSecure, Inc. (NASDAQ:CMPO - Free Report) by 87.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 55,575 shares of the company's stock after selling 381,556 shares during the quarter. Pacific Ridge Capital Partners LLC owned 0.06% of CompoSecure worth $852,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of CMPO. Tyro Capital Management LLC acquired a new position in shares of CompoSecure during the third quarter valued at about $27,978,000. Vanguard Group Inc. lifted its position in shares of CompoSecure by 33.7% in the 4th quarter. Vanguard Group Inc. now owns 1,410,934 shares of the company's stock worth $21,630,000 after acquiring an additional 355,427 shares during the period. Woodson Capital Management LP bought a new stake in shares of CompoSecure during the third quarter valued at approximately $10,795,000. Geode Capital Management LLC raised its stake in shares of CompoSecure by 34.1% in 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 in the last quarter. Finally, 12th Street Asset Management Company LLC bought a new stake in CompoSecure in the 4th quarter valued at $6,945,000. Institutional investors and hedge funds own 37.56% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on CMPO. JPMorgan Chase & Co. lowered their price objective on CompoSecure from $16.00 to $15.00 and set a "neutral" rating on the stock in a research note on Thursday, March 6th. Needham & Company LLC dropped their price objective on CompoSecure from $16.00 to $15.00 and set a "buy" rating for the company in a research note on Thursday, March 6th. Lake Street Capital reduced their target price on shares of CompoSecure from $18.00 to $15.00 and set a "buy" rating on the stock in a research note on Thursday, March 6th. Finally, TD Cowen began coverage on shares of CompoSecure in a research report on Wednesday, December 18th. They set a "buy" rating and a $20.00 target price for the company. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, CompoSecure currently has an average rating of "Moderate Buy" and an average price target of $16.19.

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CompoSecure Stock Up 0.1 %

CompoSecure stock traded up $0.01 during mid-day trading on Monday, hitting $10.95. 145,221 shares of the company's stock were exchanged, compared to its average volume of 777,535. CompoSecure, Inc. has a fifty-two week low of $5.98 and a fifty-two week high of $17.71. The firm has a market capitalization of $1.12 billion, a P/E ratio of -24.80, a PEG ratio of 2.63 and a beta of 0.77. The company's 50 day simple moving average is $13.88 and its 200-day simple moving average is $14.54.

Insider Activity at CompoSecure

In related news, CRO Amanda Mandy Gourbault sold 9,622 shares of the company's stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $16.09, for a total value of $154,817.98. Following the completion of the transaction, the executive now directly owns 821,782 shares of the company's stock, valued at approximately $13,222,472.38. This represents a 1.16 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Adam Joseph Lowe sold 18,818 shares of the company's stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of $10.97, for a total value of $206,433.46. Following the transaction, the insider now directly owns 1,486,036 shares of the company's stock, valued at $16,301,814.92. This represents a 1.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders acquired 704,421 shares of company stock worth $10,929,922 and sold 34,340 shares worth $430,701. 74.99% of the stock is owned by insiders.

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.