CompoSecure, Inc. (NASDAQ:CMPO - Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $17.13 and last traded at $17.09, with a volume of 1555935 shares. The stock had previously closed at $15.64.
Analysts Set New Price Targets
CMPO has been the topic of several recent research reports. JPMorgan Chase & Co. lifted their target price on shares of CompoSecure from $12.00 to $16.00 and gave the stock a "neutral" rating in a research note on Monday, December 2nd. B. Riley lifted their target price on shares of CompoSecure from $18.00 to $23.00 and gave the stock a "buy" rating in a research note on Monday, November 11th. Benchmark reaffirmed a "buy" rating and set a $17.00 target price on shares of CompoSecure in a research note on Tuesday, November 12th. TD Cowen initiated coverage on shares of CompoSecure in a research note on Wednesday, December 18th. They set a "buy" rating and a $20.00 target price on the stock. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $16.00 target price on shares of CompoSecure in a research note on Monday, November 11th. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $16.81.
View Our Latest Stock Analysis on CMPO
CompoSecure Price Performance
The stock's fifty day moving average is $15.49 and its 200-day moving average is $14.27. The stock has a market cap of $1.42 billion, a PE ratio of -36.61, a price-to-earnings-growth ratio of 2.68 and a beta of 0.78.
Insider Activity at CompoSecure
In other CompoSecure news, COO Gregoire Maes sold 24,323 shares of the company's stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $16.25, for a total value of $395,248.75. Following the transaction, the chief operating officer now owns 762,009 shares of the company's stock, valued at $12,382,646.25. This represents a 3.09 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Resolute Compo Holdings Llc bought 221,186 shares of the firm's stock in a transaction on Wednesday, February 12th. The stock was bought at an average cost of $15.01 per share, for a total transaction of $3,320,001.86. Following the transaction, the director now directly owns 221,186 shares of the company's stock, valued at $3,320,001.86. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders sold 180,660 shares of company stock valued at $2,921,066. 74.99% of the stock is owned by company insiders.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC lifted its position in CompoSecure by 1.7% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 40,944 shares of the company's stock valued at $574,000 after buying an additional 701 shares during the last quarter. Principal Financial Group Inc. lifted its position in shares of CompoSecure by 9.3% during the fourth quarter. Principal Financial Group Inc. now owns 11,399 shares of the company's stock worth $175,000 after purchasing an additional 967 shares in the last quarter. CWM LLC lifted its position in shares of CompoSecure by 42.0% during the third quarter. CWM LLC now owns 5,192 shares of the company's stock worth $73,000 after purchasing an additional 1,536 shares in the last quarter. Bard Associates Inc. lifted its position in shares of CompoSecure by 0.6% during the third quarter. Bard Associates Inc. now owns 305,247 shares of the company's stock worth $4,280,000 after purchasing an additional 1,957 shares in the last quarter. Finally, First Trust Advisors LP lifted its position in shares of CompoSecure by 2.2% during the fourth quarter. First Trust Advisors LP now owns 100,124 shares of the company's stock worth $1,535,000 after purchasing an additional 2,149 shares in the last quarter. Institutional investors and hedge funds own 37.56% of the company's stock.
About CompoSecure
(
Get Free Report)
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.
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