CompoSecure, Inc. (NASDAQ:CMPO) CRO Amanda Mandy Gourbault Sells 9,622 Shares

CompoSecure, Inc. (NASDAQ:CMPO) CRO Amanda Mandy Gourbault sold 9,622 shares of the stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $16.09, for a total transaction of $154,817.98. Following the completion of the sale, the executive now owns 821,782 shares of the company’s stock, valued at approximately $13,222,472.38. The trade was a 1.16 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Amanda Mandy Gourbault also recently made the following trade(s):

• On Tuesday, February 25th, Amanda Mandy Gourbault sold 900 shares of CompoSecure stock. The shares were sold at an average price of $16.00, for a total transaction of $14,400.00.

CompoSecure Stock Performance

NASDAQ:CMPO opened at $13.34 on Friday. The stock has a market capitalization of $1.18 billion, a P/E ratio of -30.32, a PEG ratio of 2.63 and a beta of 0.78. The company has a 50 day moving average price of $15.41 and a 200 day moving average price of $14.54. CompoSecure, Inc. has a fifty-two week low of $4.61 and a fifty-two week high of $17.71.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. JPMorgan Chase & Co. increased their price target on shares of CompoSecure from $12.00 to $16.00 and gave the company a “neutral” rating in a research note on Monday, December 2nd. Needham & Company LLC reissued a “buy” rating and issued a $16.00 price target on shares of CompoSecure in a research note on Monday, November 11th. B. Riley increased their price target on shares of CompoSecure from $18.00 to $23.00 and gave the company a “buy” rating in a research note on Monday, November 11th. TD Cowen assumed coverage on shares of CompoSecure in a research note on Wednesday, December 18th. They issued a “buy” rating and a $20.00 price target for the company. Finally, Benchmark reissued a “buy” rating and issued a $17.00 price target on shares of CompoSecure in a research note on Tuesday, November 12th. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $16.81.

Institutional Investors Weigh In On CompoSecure

A number of hedge funds have recently added to or reduced their stakes in the business. Ashford Capital Management Inc. acquired a new stake in CompoSecure during the 4th quarter worth approximately $236,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in CompoSecure during the 4th quarter worth approximately $177,000. Woodson Capital Management LP lifted its holdings in CompoSecure by 62.3% during the 4th quarter. Woodson Capital Management LP now owns 1,250,000 shares of the company’s stock worth $19,162,000 after buying an additional 480,000 shares in the last quarter. Squarepoint Ops LLC lifted its holdings in CompoSecure by 29.7% during the 4th quarter. Squarepoint Ops LLC now owns 270,145 shares of the company’s stock worth $4,141,000 after buying an additional 61,928 shares in the last quarter. Finally, Tidal Investments LLC lifted its holdings in CompoSecure by 4.3% during the 4th quarter. Tidal Investments LLC now owns 1,604,360 shares of the company’s stock worth $24,595,000 after buying an additional 66,880 shares in the last quarter. 37.56% of the stock is currently owned by institutional investors and hedge funds.

CompoSecure Company Profile

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.