Insider Selling: Compass, Inc. (NYSE:COMP) CEO Sells $1,260,024.68 in Stock

Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin sold 182,348 shares of the stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $6.91, for a total value of $1,260,024.68. Following the completion of the sale, the chief executive officer now directly owns 1,395,602 shares of the company’s stock, valued at approximately $9,643,609.82. This represents a 11.56 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Robert L. Reffkin also recently made the following trade(s):

• On Friday, August 23rd, Robert L. Reffkin sold 814,302 shares of Compass stock. The stock was sold at an average price of $4.91, for a total transaction of $3,998,222.82.

Compass Stock Down 1.5 %

COMP opened at $6.60 on Friday. Compass, Inc. has a 12-month low of $1.99 and a 12-month high of $7.01. The firm has a market capitalization of $3.37 billion, a P/E ratio of -16.76 and a beta of 2.91. The stock’s 50 day moving average price is $6.08 and its two-hundred day moving average price is $4.80.

Analysts Set New Price Targets

COMP has been the subject of several recent research reports. The Goldman Sachs Group boosted their price target on Compass from $4.00 to $4.50 and gave the company a “buy” rating in a research note on Thursday, August 1st. UBS Group raised their price target on shares of Compass from $4.40 to $6.50 and gave the company a “neutral” rating in a report on Tuesday, October 22nd. Needham & Company LLC upped their price objective on shares of Compass from $6.00 to $8.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Barclays raised their target price on Compass from $5.00 to $6.00 and gave the company an “equal weight” rating in a report on Thursday, October 31st. Finally, Oppenheimer reissued an “outperform” rating and set a $8.50 price objective (up previously from $8.00) on shares of Compass in a report on Friday, November 1st. Four analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Compass has a consensus rating of “Moderate Buy” and a consensus target price of $5.53.

About Compass

Compass, Inc provides real estate brokerage services in the United States. It operates a cloud-based platform that provides an integrated suite of software for customer relationship management, marketing, client service, operations, and other functionality in the real estate industry. The company offers mobile apps that allow agents to manage their business anytime and anywhere, as well as designs consumer-grade user interfaces, automated and simplified workflows for agent-client interactions, and insight-rich dashboards and reports.