share_log

CompoSecure, Inc. (NASDAQ:CMPO) Major Shareholder Sells $2,928,000.00 in Stock

Financial News Live ·  Jan 20, 2023 04:31

CompoSecure, Inc. (NASDAQ:CMPO – Get Rating) major shareholder Roman Dbdr Tech Sponsor Llc sold 600,000 shares of the stock in a transaction on Friday, January 13th. The shares were sold at an average price of $4.88, for a total value of $2,928,000.00. Following the sale, the insider now directly owns 2,864,018 shares in the company, valued at $13,976,407.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own 10% or more of a company's shares are required to disclose their sales and purchases with the SEC.

Roman Dbdr Tech Sponsor Llc also recently made the following trade(s):

Get CompoSecure alerts:
  • On Tuesday, January 17th, Roman Dbdr Tech Sponsor Llc sold 345,462 shares of CompoSecure stock. The shares were sold at an average price of $5.22, for a total value of $1,803,311.64.
  • On Thursday, November 3rd, Roman Dbdr Tech Sponsor Llc sold 34,216 shares of CompoSecure stock. The shares were sold at an average price of $5.20, for a total value of $177,923.20.

CompoSecure Stock Performance

CMPO stock opened at $5.73 on Friday. CompoSecure, Inc. has a fifty-two week low of $4.26 and a fifty-two week high of $9.09. The business's 50-day moving average is $4.89 and its two-hundred day moving average is $5.30. The company has a market cap of $437.46 million, a price-to-earnings ratio of 2.59 and a beta of 0.66.

CompoSecure (NASDAQ:CMPO – Get Rating) last posted its earnings results on Wednesday, November 2nd. The company reported $0.22 earnings per share for the quarter, beating analysts' consensus estimates of $0.18 by $0.04. CompoSecure had a negative return on equity of 3.01% and a net margin of 10.97%. The company had revenue of $103.31 million for the quarter, compared to the consensus estimate of $98.39 million. Equities analysts predict that CompoSecure, Inc. will post 0.97 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in CMPO. JPMorgan Chase & Co. bought a new position in shares of CompoSecure in the first quarter worth about $38,000. Raymond James Financial Services Advisors Inc. bought a new position in shares of CompoSecure in the first quarter worth about $76,000. BlackRock Inc. bought a new position in shares of CompoSecure in the first quarter worth about $835,000. Vanguard Group Inc. bought a new position in shares of CompoSecure in the first quarter worth about $1,506,000. Finally, Northern Trust Corp bought a new position in shares of CompoSecure in the first quarter worth about $132,000. Institutional investors own 31.77% of the company's stock.

Analyst Ratings Changes

CMPO has been the topic of several recent analyst reports. JPMorgan Chase & Co. started coverage on CompoSecure in a research report on Tuesday, October 11th. They set an "overweight" rating and a $10.00 price objective on the stock. BTIG Research started coverage on CompoSecure in a report on Tuesday, December 13th. They issued a "buy" rating and a $9.00 target price on the stock.

CompoSecure Company Profile

(Get Rating)

CompoSecure, Inc manufactures and designs metal, plastic, composite ID, 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 comprise the Arculus Key card Cold Storage hardware device and companion Arculus Wallet mobile App to keep the Private Key in the Arculus Key card highly secure and store cryptocurrency and digital assets.

See Also

  • Get a free copy of the StockNews.com research report on CompoSecure (CMPO)
  • Exxon Mobil Stock: Within Striking Distance Of Buy Point
  • High-Dividend-Yielding BHP Sees China Driving '23 Growth
  • Is Airbnb Setting Up To Rally 38%, As Analysts Are Forecasting?
  • Does a Price Cut for Tesla Vehicles Mean the Same for TSLA Stock?
  • Microsoft Layoffs Signal Layoffs for Other Tech Companies?

Receive News & Ratings for CompoSecure Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CompoSecure and related companies with MarketBeat.com's FREE daily email newsletter.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment