CompoSecure (NASDAQ:CMPO) Reaches New 12-Month High at $11.80

CompoSecure, Inc. (NASDAQ:CMPO - Get Free Report)'s share price reached a new 52-week high on Monday . The company traded as high as $11.80 and last traded at $11.68, with a volume of 57891 shares traded. The stock had previously closed at $11.57.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. JPMorgan Chase & Co. upped their target price on CompoSecure from $8.00 to $12.00 and gave the company a "neutral" rating in a research report on Tuesday, August 20th. Benchmark boosted their target price on shares of CompoSecure from $10.00 to $12.00 and gave the stock a "buy" rating in a research report on Thursday, August 8th. Bank of America raised their price target on shares of CompoSecure from $9.00 to $10.00 and gave the stock a "buy" rating in a report on Thursday, August 8th. Compass Point upped their target price on CompoSecure from $11.50 to $14.50 and gave the company a "buy" rating in a research report on Tuesday, August 20th. Finally, B. Riley lifted their price target on CompoSecure from $17.00 to $18.00 and gave the stock a "buy" rating in a research report on Friday, May 10th. One analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $13.50.

CompoSecure Price Performance

The firm's fifty day simple moving average is $8.34 and its 200 day simple moving average is $6.99. The company has a market capitalization of $950.97 million, a PE ratio of 12.16, a price-to-earnings-growth ratio of 1.01 and a beta of 0.71.

CompoSecure (NASDAQ:CMPO - Get Free Report) last posted its earnings results on Wednesday, August 7th. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.26 by $0.01. CompoSecure had a negative return on equity of 11.00% and a net margin of 5.14%. The firm had revenue of $108.57 million for the quarter, compared to analyst estimates of $102.22 million. During the same period last year, the company earned $0.25 earnings per share. On average, equities research analysts anticipate that CompoSecure, Inc. will post 1.07 EPS for the current fiscal year.

Insider Activity

In related news, CRO Amanda Mandy Gourbault sold 130,859 shares of the stock in a transaction on Wednesday, August 14th. The shares were sold at an average price of $11.08, for a total transaction of $1,449,917.72. Following the sale, the executive now directly owns 908,641 shares of the company's stock, valued at $10,067,742.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other CompoSecure news, insider Adam Joseph Lowe sold 45,000 shares of the firm's stock in a transaction that occurred on Wednesday, August 14th. The stock was sold at an average price of $11.06, for a total value of $497,700.00. Following the sale, the insider now directly owns 1,292,219 shares of the company's stock, valued at $14,291,942.14. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CRO Amanda Mandy Gourbault sold 130,859 shares of the company's stock in a transaction that occurred on Wednesday, August 14th. The stock was sold at an average price of $11.08, for a total value of $1,449,917.72. Following the transaction, the executive now directly owns 908,641 shares of the company's stock, valued at $10,067,742.28. The disclosure for this sale can be found here. Insiders sold a total of 225,859 shares of company stock valued at $2,499,618 in the last three months. 74.99% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On CompoSecure

Institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in CompoSecure by 1.6% in the 1st quarter. Vanguard Group Inc. now owns 843,476 shares of the company's stock worth $6,098,000 after buying an additional 13,081 shares during the last quarter. Wellington Management Group LLP boosted its stake in shares of CompoSecure by 69.2% in the fourth quarter. Wellington Management Group LLP now owns 601,548 shares of the company's stock worth $3,248,000 after acquiring an additional 246,094 shares during the last quarter. Grizzlyrock Capital LLC purchased a new stake in shares of CompoSecure during the fourth quarter worth approximately $3,223,000. Boston Partners raised its stake in CompoSecure by 40.8% in the 1st quarter. Boston Partners now owns 557,136 shares of the company's stock valued at $4,028,000 after purchasing an additional 161,333 shares during the last quarter. Finally, Pacific Ridge Capital Partners LLC lifted its holdings in CompoSecure by 146.9% in the 2nd quarter. Pacific Ridge Capital Partners LLC now owns 486,462 shares of the company's stock valued at $3,308,000 after purchasing an additional 289,451 shares in the last quarter. Institutional investors and hedge funds own 37.56% of the company's stock.

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.