908,328 Shares in CompoSecure, Inc. (NASDAQ:CMPO) Bought by Nine Ten Capital Management LLC

Nine Ten Capital Management LLC acquired a new stake in CompoSecure, Inc. (NASDAQ:CMPO - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 908,328 shares of the company's stock, valued at approximately $13,925,000. CompoSecure accounts for approximately 4.0% of Nine Ten Capital Management LLC's portfolio, making the stock its 9th biggest holding. Nine Ten Capital Management LLC owned approximately 1.03% of CompoSecure at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of CMPO. Principal Financial Group Inc. grew its position in shares of CompoSecure by 9.3% in the 4th quarter. Principal Financial Group Inc. now owns 11,399 shares of the company's stock worth $175,000 after buying an additional 967 shares during the period. First Trust Advisors LP grew its stake in shares of CompoSecure by 2.2% in the 4th quarter. First Trust Advisors LP now owns 100,124 shares of the company's stock worth $1,535,000 after buying an additional 2,149 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in CompoSecure by 33.3% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 10,201 shares of the company's stock valued at $161,000 after buying an additional 2,547 shares in the last quarter. Rowlandmiller & PARTNERS.ADV raised its position in shares of CompoSecure by 25.4% in the 4th quarter. Rowlandmiller & PARTNERS.ADV now owns 13,325 shares of the company's stock worth $204,000 after purchasing an additional 2,700 shares during the last quarter. Finally, Cruiser Capital Advisors LLC lifted its stake in shares of CompoSecure by 15.7% in the fourth quarter. Cruiser Capital Advisors LLC now owns 27,547 shares of the company's stock worth $422,000 after buying an additional 3,737 shares in the last quarter. 37.56% of the stock is owned by institutional investors.

CompoSecure Stock Up 0.6 %

Shares of CompoSecure stock traded up $0.07 during trading hours on Thursday, reaching $10.89. 182,011 shares of the stock traded hands, compared to its average volume of 817,570. CompoSecure, Inc. has a one year low of $5.98 and a one year high of $17.71. The firm has a market capitalization of $1.11 billion, a price-to-earnings ratio of -24.75, a P/E/G ratio of 2.63 and a beta of 0.87. The company has a 50 day moving average price of $11.86 and a 200 day moving average price of $14.11.

Insider Buying and Selling at CompoSecure

In related news, CRO Amanda Mandy Gourbault sold 9,622 shares of the company's stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $16.09, for a total value of $154,817.98. Following the completion of the transaction, the executive now owns 821,782 shares of the company's stock, valued at approximately $13,222,472.38. This represents a 1.16 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Resolute Compo Holdings Llc purchased 221,186 shares of the firm's stock in a transaction on Wednesday, February 12th. The shares were acquired at an average cost of $15.01 per share, for a total transaction of $3,320,001.86. Following the completion of the acquisition, the director now owns 221,186 shares of the company's stock, valued at approximately $3,320,001.86. This trade represents a ∞ 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. 74.99% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on CMPO shares. Lake Street Capital lowered their price objective on CompoSecure from $18.00 to $15.00 and set a "buy" rating on the stock in a research report on Thursday, March 6th. JPMorgan Chase & Co. dropped their price objective on CompoSecure from $16.00 to $15.00 and set a "neutral" rating on the stock in a research report on Thursday, March 6th. Finally, Needham & Company LLC decreased their target price on CompoSecure from $16.00 to $15.00 and set a "buy" rating for the company in a research report on Thursday, March 6th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $16.19.

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.