Compass, Inc. (NYSE:COMP) CEO Sells $18,920,000.00 in Stock

Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin sold 2,000,000 shares of the business’s stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $9.46, for a total value of $18,920,000.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Compass Price Performance

Shares of NYSE COMP opened at $9.01 on Friday. The business’s 50-day moving average price is $6.80 and its two-hundred day moving average price is $6.26. Compass, Inc. has a one year low of $2.89 and a one year high of $10.25. The company has a market capitalization of $4.60 billion, a P/E ratio of -29.05 and a beta of 2.95.

Compass (NYSE:COMP) last issued its earnings results on Tuesday, February 18th. The company reported ($0.08) EPS for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.02. Compass had a negative return on equity of 39.72% and a negative net margin of 2.74%. The firm had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.38 billion. During the same quarter in the previous year, the company posted ($0.09) earnings per share. On average, equities analysts anticipate that Compass, Inc. will post 0.08 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on COMP shares. UBS Group boosted their target price on Compass from $11.00 to $12.00 and gave the stock a “buy” rating in a research report on Wednesday. Barclays boosted their target price on Compass from $6.00 to $7.00 and gave the stock an “equal weight” rating in a research report on Wednesday, December 11th. Oppenheimer upped their price target on Compass from $12.00 to $13.00 and gave the company an “outperform” rating in a research report on Wednesday. Morgan Stanley upped their price target on Compass from $6.00 to $8.50 and gave the company an “equal weight” rating in a research report on Wednesday. Finally, The Goldman Sachs Group upped their price target on Compass from $8.00 to $9.00 and gave the company a “buy” rating in a research report on Wednesday. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $8.69.

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.