CompoSecure, Inc. (NASDAQ:CMPO) CEO Sells $4,666,005.70 in Stock

CompoSecure, Inc. (NASDAQ:CMPO) CEO Jonathan Wilk sold 618,014 shares of the stock in a transaction on Tuesday, September 17th. The shares were sold at an average price of $7.55, for a total value 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 sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

CompoSecure Trading Down 0.1 %

Shares of CompoSecure stock opened at $12.33 on Wednesday. The company has a market capitalization of $993.69 million, a PE ratio of 12.71, a PEG ratio of 0.88 and a beta of 0.76. CompoSecure, Inc. has a 12 month low of $4.61 and a 12 month high of $12.60. The stock’s fifty day simple moving average is $9.98 and its 200 day simple moving average is $7.77.

CompoSecure (NASDAQ:CMPO) last issued its quarterly earnings data on Wednesday, August 7th. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.26 by $0.01. The business had revenue of $108.57 million for the quarter, compared to the consensus estimate of $102.22 million. CompoSecure had a negative return on equity of 11.78% and a net margin of 6.33%. During the same quarter last year, the business posted $0.25 EPS. Analysts predict that CompoSecure, Inc. will post 1.1 EPS for the current fiscal year.

Institutional Trading of CompoSecure

Hedge funds and other institutional investors have recently modified their holdings of the company. CWM LLC raised its stake in shares of CompoSecure by 205.9% in the 2nd quarter. CWM LLC now owns 3,656 shares of the company’s stock valued at $25,000 after purchasing an additional 2,461 shares during the period. Sandia Investment Management LP acquired a new stake in shares of CompoSecure in the 2nd quarter valued at about $68,000. Ritholtz Wealth Management acquired a new stake in shares of CompoSecure in the 2nd quarter valued at about $84,000. Algert Global LLC acquired a new stake in shares of CompoSecure in the 2nd quarter valued at about $84,000. Finally, B. Riley Wealth Advisors Inc. acquired a new stake in shares of CompoSecure in the 1st quarter valued at about $91,000. Institutional investors and hedge funds own 37.56% of the company’s stock.

Analyst Upgrades and Downgrades

CMPO has been the topic of a number of analyst reports. JPMorgan Chase & Co. increased their price target on CompoSecure from $8.00 to $12.00 and gave the company a “neutral” rating in a research note on Tuesday, August 20th. Compass Point increased their price target on CompoSecure from $11.50 to $14.50 and gave the company a “buy” rating in a research note on Tuesday, August 20th. Lake Street Capital initiated coverage on CompoSecure in a research note on Thursday, June 27th. They issued a “buy” rating and a $12.00 price target on the stock. Needham & Company LLC increased their price target on CompoSecure from $15.00 to $16.00 and gave the company a “buy” rating in a research note on Thursday, August 8th. Finally, Bank of America increased their price target on CompoSecure from $9.00 to $10.00 and gave the company a “buy” rating in a research note on Thursday, August 8th. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, CompoSecure currently has a consensus rating of “Moderate Buy” and a consensus target price of $13.50.

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.