GSA Capital Partners LLP Has $924,000 Stock Holdings in CompoSecure, Inc. (NASDAQ:CMPO)

GSA Capital Partners LLP reduced its stake in shares of CompoSecure, Inc. (NASDAQ:CMPO - Free Report) by 50.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 65,921 shares of the company's stock after selling 66,445 shares during the quarter. GSA Capital Partners LLP owned about 0.08% of CompoSecure worth $924,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Pacific Ridge Capital Partners LLC grew its position in CompoSecure by 146.9% in the 2nd quarter. Pacific Ridge Capital Partners LLC now owns 486,462 shares of the company's stock worth $3,308,000 after purchasing an additional 289,451 shares during the last quarter. Rice Hall James & Associates LLC bought a new stake in CompoSecure during the 3rd quarter valued at $3,766,000. Boston Partners raised its stake in CompoSecure by 40.8% during the 1st quarter. Boston Partners now owns 557,136 shares of the company's stock valued at $4,028,000 after acquiring an additional 161,333 shares in the last quarter. Renaissance Technologies LLC grew its stake in shares of CompoSecure by 165.4% in the second quarter. Renaissance Technologies LLC now owns 209,389 shares of the company's stock worth $1,424,000 after purchasing an additional 130,489 shares in the last quarter. Finally, Bailard Inc. acquired a new position in shares of CompoSecure during the second quarter valued at $259,000. 37.56% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other CompoSecure news, Director Michele Logan sold 10,017,983 shares of the business's stock in a transaction dated Tuesday, September 17th. The stock was sold at an average price of $7.55, for a total value of $75,635,771.65. Following the completion of the sale, the director now owns 2,043,320 shares of the company's stock, valued at $15,427,066. The trade was a 83.06 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Jonathan Wilk sold 618,014 shares of the firm's stock in a transaction on Tuesday, September 17th. The shares were sold at an average price of $7.55, for a total transaction of $4,666,005.70. Following the completion of the transaction, the chief executive officer now owns 618,013 shares in the company, valued at $4,665,998.15. The trade was a 50.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 10,641,727 shares of company stock worth $80,370,824 in the last quarter. 74.99% of the stock is currently owned by corporate insiders.

CompoSecure Stock Down 0.9 %

Shares of CMPO stock traded down $0.13 during trading hours on Friday, reaching $13.81. 739,763 shares of the stock traded hands, compared to its average volume of 525,181. The business has a fifty day moving average price of $14.11 and a 200 day moving average price of $10.13. CompoSecure, Inc. has a 1-year low of $4.61 and a 1-year high of $16.14. The firm has a market capitalization of $1.22 billion, a PE ratio of -31.39, a PEG ratio of 1.09 and a beta of 0.76.

CompoSecure (NASDAQ:CMPO - Get Free Report) last announced its quarterly earnings data on Friday, November 8th. The company reported $0.27 EPS for the quarter, missing analysts' consensus estimates of $0.29 by ($0.02). The business had revenue of $107.14 million for the quarter, compared to analyst estimates of $105.11 million. CompoSecure had a negative return on equity of 14.87% and a negative net margin of 5.63%. During the same quarter in the previous year, the business posted $0.24 earnings per share. Research analysts expect that CompoSecure, Inc. will post 1.02 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Lake Street Capital raised their price objective on shares of CompoSecure from $14.00 to $18.00 and gave the company a "buy" rating in a research note on Wednesday, October 2nd. Compass Point lifted their target price on CompoSecure from $11.50 to $14.50 and gave the stock a "buy" rating in a report on Tuesday, August 20th. B. Riley upped their price target on shares of CompoSecure from $18.00 to $23.00 and gave the company a "buy" rating in a report on Monday, November 11th. Benchmark reaffirmed a "buy" rating and issued a $17.00 price objective on shares of CompoSecure in a research note on Tuesday. Finally, Needham & Company LLC reissued 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 six have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $15.79.

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.