CompoSecure, Inc. (NASDAQ:CMPO) Major Shareholder Lp Bleichroeder Buys 5,736 Shares

CompoSecure, Inc. (NASDAQ:CMPOGet Rating) major shareholder Lp Bleichroeder purchased 5,736 shares of the stock in a transaction dated Monday, May 2nd. The shares were acquired at an average cost of $7.48 per share, for a total transaction of $42,905.28. Following the completion of the acquisition, the insider now owns 2,064,660 shares of the company’s stock, valued at $15,443,656.80. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Lp Bleichroeder also recently made the following trade(s):

  • On Friday, April 29th, Lp Bleichroeder purchased 63,332 shares of CompoSecure stock. The shares were acquired at an average cost of $7.81 per share, for a total transaction of $494,622.92.
  • On Monday, April 25th, Lp Bleichroeder purchased 45,000 shares of CompoSecure stock. The shares were acquired at an average cost of $7.25 per share, for a total transaction of $326,250.00.
  • On Thursday, April 21st, Lp Bleichroeder purchased 54,593 shares of CompoSecure stock. The shares were acquired at an average cost of $7.63 per share, for a total transaction of $416,544.59.
  • On Tuesday, April 19th, Lp Bleichroeder purchased 38,465 shares of CompoSecure stock. The shares were acquired at an average cost of $7.65 per share, for a total transaction of $294,257.25.
  • On Wednesday, April 13th, Lp Bleichroeder purchased 239,427 shares of CompoSecure stock. The shares were acquired at an average cost of $7.03 per share, for a total transaction of $1,683,171.81.

CompoSecure stock opened at $7.45 on Wednesday. CompoSecure, Inc. has a one year low of $5.77 and a one year high of $10.69. The firm’s fifty day moving average price is $7.28.

A number of research analysts have recently issued reports on the company. Needham & Company LLC initiated coverage on CompoSecure in a report on Friday, January 28th. They set a “buy” rating and a $14.00 price target on the stock. B. Riley initiated coverage on CompoSecure in a research report on Friday, January 7th. They set a “buy” rating and a $17.00 price objective for the company.

A number of institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE purchased a new stake in CompoSecure during the fourth quarter valued at $40,000. Penserra Capital Management LLC purchased a new stake in CompoSecure during the fourth quarter valued at $41,000. Stifel Financial Corp purchased a new stake in CompoSecure in the fourth quarter worth about $135,000. B. Riley Wealth Management Inc. purchased a new stake in CompoSecure in the fourth quarter worth about $328,000. Finally, Potomac Capital Management Inc. increased its position in CompoSecure by 9.3% in the first quarter. Potomac Capital Management Inc. now owns 478,195 shares of the company’s stock worth $3,629,000 after buying an additional 40,590 shares in the last quarter.

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.

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Insider Buying and Selling by Quarter for CompoSecure (NASDAQ:CMPO)

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