Locust Wood Capital Advisers LLC Purchases 734,202 Shares of CompoSecure, Inc. (NASDAQ:CMPO)

Locust Wood Capital Advisers LLC raised its position in shares of CompoSecure, Inc. (NASDAQ:CMPO - Free Report) by 19.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,579,143 shares of the company's stock after buying an additional 734,202 shares during the period. CompoSecure comprises 2.4% of Locust Wood Capital Advisers LLC's portfolio, making the stock its 23rd biggest position. Locust Wood Capital Advisers LLC owned about 5.20% of CompoSecure worth $70,198,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of CMPO. Cannell Capital LLC raised its position in CompoSecure by 8.0% in the 4th quarter. Cannell Capital LLC now owns 2,278,726 shares of the company's stock worth $34,933,000 after purchasing an additional 169,067 shares during the last quarter. Tyro Capital Management LLC bought a new stake in shares of CompoSecure during the third quarter worth $27,978,000. Arrowstreet Capital Limited Partnership lifted its stake in shares of CompoSecure by 24.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,583,369 shares of the company's stock valued at $24,273,000 after acquiring an additional 315,046 shares during the period. Vanguard Group Inc. boosted its holdings in CompoSecure by 33.7% in the fourth quarter. Vanguard Group Inc. now owns 1,410,934 shares of the company's stock valued at $21,630,000 after acquiring an additional 355,427 shares during the last quarter. Finally, Invesco Ltd. increased its position in CompoSecure by 1,072.1% in the fourth quarter. Invesco Ltd. now owns 723,122 shares of the company's stock worth $11,085,000 after purchasing an additional 661,426 shares during the period. Institutional investors own 37.56% of the company's stock.

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Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on CMPO shares. Needham & Company LLC reduced their target price on shares of 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 shares of CompoSecure in a report on Wednesday, December 18th. They issued a "buy" rating and a $20.00 price objective on the stock. Lake Street Capital lowered 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. Finally, JPMorgan Chase & Co. dropped their target price on shares of CompoSecure from $16.00 to $15.00 and set a "neutral" rating for the company in a research report on Thursday, March 6th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, CompoSecure currently has a consensus rating of "Moderate Buy" and a consensus price target of $16.19.

CompoSecure Price Performance

Shares of NASDAQ CMPO traded down $0.02 during midday trading on Tuesday, reaching $10.68. 239,717 shares of the stock were exchanged, compared to its average volume of 804,160. CompoSecure, Inc. has a 12 month low of $5.98 and a 12 month high of $17.71. The company has a market capitalization of $1.09 billion, a price-to-earnings ratio of -24.27, a P/E/G ratio of 2.63 and a beta of 0.87. The business has a 50-day simple moving average of $12.53 and a two-hundred day simple moving average of $14.28.

Insider Buying and Selling at CompoSecure

In other CompoSecure news, insider Adam Joseph Lowe sold 5,000 shares of CompoSecure stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $11.01, for a total value of $55,050.00. Following the transaction, the insider now owns 1,481,036 shares of the company's stock, valued at approximately $16,306,206.36. The trade was a 0.34 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Resolute Compo Holdings Llc acquired 233,070 shares of the stock in a transaction dated Thursday, February 20th. The shares were bought at an average cost of $16.57 per share, with a total value of $3,861,969.90. Following the transaction, the director now directly owns 879,963 shares of the company's stock, valued at $14,580,986.91. This represents a 36.03 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders acquired 704,421 shares of company stock valued at $10,929,922 and sold 34,340 shares valued at $430,701. Insiders own 74.99% of the company's stock.

About CompoSecure

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.