CompoSecure, Inc. (NASDAQ:CMPO - Get Free Report) Director Resolute Compo Holdings Llc purchased 205,120 shares of the stock in a transaction that occurred on Friday, February 14th. The stock was bought at an average price of $15.83 per share, with a total value of $3,247,049.60. Following the completion of the transaction, the director now owns 646,893 shares of the company's stock, valued at $10,240,316.19. The trade was a 46.43 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Resolute Compo Holdings Llc also recently made the following trade(s):
Shares of CompoSecure stock traded down $0.09 on Friday, reaching $15.64. The stock had a trading volume of 953,026 shares, compared to its average volume of 904,198. The stock has a market capitalization of $1.38 billion, a P/E ratio of -35.55, a P/E/G ratio of 2.51 and a beta of 0.78. The company has a 50 day moving average price of $15.47 and a 200 day moving average price of $13.98. CompoSecure, Inc. has a 1 year low of $4.61 and a 1 year high of $17.03.
A number of analysts have recently issued reports on the stock. B. Riley boosted their target price 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. Benchmark reissued a "buy" rating and issued a $17.00 price objective on shares of CompoSecure in a research report on Tuesday, November 12th. Needham & Company LLC reissued a "buy" rating and set a $16.00 target price on shares of CompoSecure in a research report on Monday, November 11th. JPMorgan Chase & Co. upped their price target on shares of CompoSecure from $12.00 to $16.00 and gave the stock a "neutral" rating in a research report on Monday, December 2nd. Finally, TD Cowen initiated coverage on shares of CompoSecure in a report on Wednesday, December 18th. They set a "buy" rating and a $20.00 price objective on the stock. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $16.81.
Read Our Latest Stock Report on CMPO
Several institutional investors have recently bought and sold shares of the company. Verition Fund Management LLC acquired a new position in shares of CompoSecure during the third quarter valued at about $798,000. Geode Capital Management LLC increased its stake in CompoSecure by 34.1% during the 3rd quarter. Geode Capital Management LLC now owns 585,746 shares of the company's stock valued at $8,214,000 after purchasing an additional 148,833 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of CompoSecure by 555.0% in the third quarter. JPMorgan Chase & Co. now owns 51,949 shares of the company's stock worth $728,000 after buying an additional 44,018 shares during the last quarter. State Street Corp raised its holdings in shares of CompoSecure by 20.1% in the third quarter. State Street Corp now owns 395,691 shares of the company's stock worth $5,548,000 after buying an additional 66,232 shares during the last quarter. Finally, Tyro Capital Management LLC acquired a new stake in shares of CompoSecure during the third quarter worth $27,978,000. 37.56% of the stock is currently owned by institutional investors and hedge funds.
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.
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