Insider Selling: Compass, Inc. (NYSE:COMP) Director Sells 35,683 Shares of Stock

Compass, Inc. (NYSE:COMP) Director Pamela Thomas-Graham sold 35,683 shares of the firm’s stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $9.00, for a total transaction of $321,147.00. Following the transaction, the director now directly owns 93,990 shares of the company’s stock, valued at $845,910. The trade was a 27.52 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

Compass Stock Performance

COMP stock traded down $0.78 during trading on Friday, hitting $9.01. 9,978,797 shares of the company’s stock traded hands, compared to its average volume of 6,567,926. The business has a fifty day simple moving average of $6.76 and a 200 day simple moving average of $6.23. The stock has a market capitalization of $4.60 billion, a price-to-earnings ratio of -29.05 and a beta of 2.95. Compass, Inc. has a 52 week low of $2.89 and a 52 week high of $10.25.

Compass (NYSE:COMP) last released its earnings results on Tuesday, February 18th. The company reported ($0.08) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.10) by $0.02. The firm had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.38 billion. Compass had a negative net margin of 2.74% and a negative return on equity of 39.72%. During the same quarter last year, the business earned ($0.09) EPS. Research analysts forecast that Compass, Inc. will post 0.08 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on COMP shares. The Goldman Sachs Group raised their target price on shares of Compass from $8.00 to $9.00 and gave the company a “buy” rating in a research note on Wednesday. Needham & Company LLC raised their target price on shares of Compass from $10.00 to $12.00 and gave the company a “buy” rating in a research note on Wednesday. Oppenheimer raised their target price on shares of Compass from $12.00 to $13.00 and gave the company an “outperform” rating in a research note on Wednesday. Barclays increased their price objective on shares of Compass from $6.00 to $7.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 11th. Finally, Morgan Stanley increased their price objective on shares of Compass from $6.00 to $8.50 and gave the company an “equal weight” rating in a research report on Wednesday. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, Compass has a consensus rating of “Moderate Buy” and an average price target of $8.69.

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.