CompoSecure, Inc. (NASDAQ:CMPO) Insider Adam Joseph Lowe Sells 66,350 Shares

CompoSecure, Inc. (NASDAQ:CMPO) insider Adam Joseph Lowe sold 66,350 shares of the stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $15.91, for a total value of $1,055,628.50. Following the completion of the transaction, the insider now owns 1,358,692 shares of the company’s stock, valued at $21,616,789.72. This represents a 4.66 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Adam Joseph Lowe also recently made the following trade(s):

• On Friday, December 6th, Adam Joseph Lowe sold 34,310 shares of CompoSecure stock. The shares were sold at an average price of $16.24, for a total value of $557,194.40.
• On Wednesday, September 11th, Adam Joseph Lowe sold 5,730 shares of CompoSecure stock. The stock was sold at an average price of $12.05, for a total transaction of $69,046.50.

CompoSecure Trading Up 0.1 %

Shares of CompoSecure stock opened at $16.48 on Friday. The business has a 50-day moving average price of $15.19 and a two-hundred day moving average price of $11.33. CompoSecure, Inc. has a 1-year low of $4.61 and a 1-year high of $16.80. The company has a market cap of $1.45 billion, a P/E ratio of -37.45, a PEG ratio of 1.28 and a beta of 0.76.

CompoSecure (NASDAQ:CMPO) last released its earnings results on Friday, November 8th. The company reported $0.27 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.02). CompoSecure had a negative return on equity of 14.87% and a negative net margin of 5.63%. The business had revenue of $107.14 million for the quarter, compared to analyst estimates of $105.11 million. During the same period in the prior year, the business earned $0.24 EPS. Equities research analysts forecast that CompoSecure, Inc. will post 1.02 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

CMPO has been the subject of several analyst reports. Lake Street Capital raised their price target on shares of CompoSecure from $14.00 to $18.00 and gave the company a “buy” rating in a research note on Wednesday, October 2nd. JPMorgan Chase & Co. increased their price objective on CompoSecure from $12.00 to $16.00 and gave the company a “neutral” rating in a report on Monday, December 2nd. Needham & Company LLC reaffirmed a “buy” rating and set a $16.00 target price on shares of CompoSecure in a report on Monday, November 11th. Compass Point increased their price target on CompoSecure from $11.50 to $14.50 and gave the company a “buy” rating in a research note on Tuesday, August 20th. Finally, B. Riley lifted their price objective on CompoSecure from $18.00 to $23.00 and gave the stock a “buy” rating in a research note on Monday, November 11th. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, CompoSecure currently has an average rating of “Moderate Buy” and an average price target of $16.36.

Institutional Trading of CompoSecure

Several hedge funds have recently modified their holdings of CMPO. Tyro Capital Management LLC acquired a new stake in CompoSecure in the third quarter worth $27,978,000. Vanguard Group Inc. boosted its position in shares of CompoSecure by 1.6% during the 1st quarter. Vanguard Group Inc. now owns 843,476 shares of the company’s stock worth $6,098,000 after purchasing an additional 13,081 shares in the last quarter. Woodson Capital Management LP acquired a new stake in shares of CompoSecure in the 3rd quarter valued at about $10,795,000. Geode Capital Management LLC increased its position in CompoSecure by 34.1% in the 3rd quarter. Geode Capital Management LLC now owns 585,746 shares of the company’s stock valued at $8,214,000 after buying an additional 148,833 shares in the last quarter. Finally, Pacific Ridge Capital Partners LLC raised its stake in CompoSecure by 146.9% during the 2nd quarter. Pacific Ridge Capital Partners LLC now owns 486,462 shares of the company’s stock worth $3,308,000 after buying an additional 289,451 shares during the period. Institutional investors own 37.56% of the company’s stock.

About CompoSecure

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.