Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin Sells 42,717 Shares

Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin sold 42,717 shares of the company’s stock in a transaction on Friday, January 17th. The stock was sold at an average price of $6.90, for a total transaction of $294,747.30. Following the transaction, the chief executive officer now owns 1,957,283 shares in the company, valued at approximately $13,505,252.70. The trade was a 2.14 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Compass Stock Performance

Shares of COMP stock opened at $6.75 on Friday. Compass, Inc. has a 52 week low of $2.89 and a 52 week high of $7.69. The firm’s 50-day simple moving average is $6.43 and its two-hundred day simple moving average is $5.66. The firm has a market cap of $3.44 billion, a price-to-earnings ratio of -16.86 and a beta of 2.92.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. UBS Group upped their target price on shares of Compass from $4.40 to $6.50 and gave the stock a “neutral” rating in a report on Tuesday, October 22nd. The Goldman Sachs Group lifted their target price on Compass from $7.00 to $8.00 and gave the company a “buy” rating in a research report on Tuesday, December 3rd. Needham & Company LLC restated a “buy” rating and set a $10.00 price objective on shares of Compass in a research note on Thursday. Oppenheimer upped their target price on shares of Compass from $8.50 to $9.50 and gave the stock an “outperform” rating in a research note on Tuesday, December 3rd. Finally, Barclays boosted their price target on shares of Compass from $6.00 to $7.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 11th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $7.01.

Compass Company Profile

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.