30,731 Shares in CompoSecure, Inc. (NASDAQ:CMPO) Purchased by Counterpoint Mutual Funds LLC

Counterpoint Mutual Funds LLC acquired a new position in CompoSecure, Inc. (NASDAQ:CMPO - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 30,731 shares of the company's stock, valued at approximately $471,000.

Several other large investors have also recently modified their holdings of CMPO. Tyro Capital Management LLC purchased a new position in shares of CompoSecure in the third quarter worth $27,978,000. Woodson Capital Management LP acquired a new stake in shares of CompoSecure during the third quarter worth about $10,795,000. 12th Street Asset Management Company LLC purchased a new stake in CompoSecure in the fourth quarter valued at approximately $6,945,000. Concentric Capital Strategies LP acquired a new position in CompoSecure in the 3rd quarter worth approximately $5,445,000. Finally, Progeny 3 Inc. purchased a new position in CompoSecure during the 3rd quarter worth approximately $5,243,000. Institutional investors own 37.56% of the company's stock.

CompoSecure Trading Down 1.0 %

CMPO traded down $0.11 during trading on Friday, hitting $11.30. The company's stock had a trading volume of 1,548,189 shares, compared to its average volume of 765,972. The firm has a market capitalization of $1.16 billion, a price-to-earnings ratio of -25.68, a P/E/G ratio of 2.63 and a beta of 0.77. CompoSecure, Inc. has a twelve month low of $5.98 and a twelve month high of $17.71. The business's fifty day simple moving average is $14.24 and its 200 day simple moving average is $14.52.

Wall Street Analysts Forecast Growth

CMPO has been the subject of several recent research reports. Lake Street Capital reduced their target price on shares of CompoSecure from $18.00 to $15.00 and set a "buy" rating for the company in a report on Thursday, March 6th. Needham & Company LLC lowered their target price on CompoSecure from $16.00 to $15.00 and set a "buy" rating on the stock in a research note on Thursday, March 6th. TD Cowen began coverage on CompoSecure in a report on Wednesday, December 18th. They set a "buy" rating and a $20.00 target price on the stock. Finally, JPMorgan Chase & Co. decreased their price target on CompoSecure from $16.00 to $15.00 and set a "neutral" rating for the company in a report on Thursday, March 6th. One research 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, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $16.19.

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Insider Buying and Selling

In other news, Director Joseph J. Deangelo acquired 45,045 shares of the stock in a transaction that occurred on Monday, March 17th. The shares were bought at an average cost of $11.12 per share, for a total transaction of $500,900.40. Following the acquisition, the director now owns 45,045 shares in the company, valued at approximately $500,900.40. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Adam Joseph Lowe sold 18,818 shares of the stock in a transaction that occurred on Wednesday, March 12th. The shares were 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. The trade was a 1.25 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders purchased 704,421 shares of company stock valued at $10,929,922 and sold 34,340 shares valued at $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.