Lp Bleichroeder Acquires 50,000 Shares of CompoSecure, Inc. (NASDAQ:CMPO) Stock

CompoSecure, Inc. (NASDAQ:CMPOGet Rating) major shareholder Lp Bleichroeder acquired 50,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 11th. The shares were bought at an average cost of $6.36 per share, for a total transaction of $318,000.00. Following the transaction, the insider now owns 2,353,027 shares of the company’s stock, valued at $14,965,251.72. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

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

  • On Friday, May 6th, Lp Bleichroeder acquired 28,043 shares of CompoSecure stock. The shares were bought at an average cost of $7.44 per share, for a total transaction of $208,639.92.
  • On Wednesday, May 4th, Lp Bleichroeder purchased 47,719 shares of CompoSecure stock. The stock was acquired at an average cost of $7.47 per share, with a total value of $356,460.93.
  • On Monday, May 2nd, Lp Bleichroeder purchased 5,736 shares of CompoSecure stock. The stock was acquired at an average cost of $7.48 per share, with a total value of $42,905.28.
  • On Friday, April 29th, Lp Bleichroeder acquired 63,332 shares of CompoSecure stock. The stock was purchased at an average price of $7.81 per share, with a total value of $494,622.92.
  • On Monday, April 25th, Lp Bleichroeder acquired 45,000 shares of CompoSecure stock. The stock was purchased at an average price of $7.25 per share, with a total value of $326,250.00.
  • On Thursday, April 21st, Lp Bleichroeder acquired 54,593 shares of CompoSecure stock. The stock was purchased at an average price of $7.63 per share, with a total value of $416,544.59.
  • On Tuesday, April 19th, Lp Bleichroeder acquired 38,465 shares of CompoSecure stock. The stock was purchased at an average price of $7.65 per share, with a total value of $294,257.25.
  • On Wednesday, April 13th, Lp Bleichroeder acquired 239,427 shares of CompoSecure stock. The stock was purchased at an average price of $7.03 per share, with a total value of $1,683,171.81.

Shares of CMPO stock opened at $6.20 on Thursday. CompoSecure, Inc. has a twelve month low of $5.77 and a twelve month high of $10.69. The firm’s 50 day moving average is $7.32.

Several research analysts recently weighed in on CMPO shares. B. Riley lifted their price target on CompoSecure from $17.00 to $18.00 in a research report on Tuesday. Needham & Company LLC started coverage on CompoSecure in a research report on Friday, January 28th. They set a “buy” rating and a $14.00 price target for the company. Finally, Zacks Investment Research upgraded CompoSecure from a “hold” rating to a “buy” rating and set a $8.25 price target for the company in a research report on Tuesday.

Institutional investors have recently bought and sold shares of the company. Stifel Financial Corp purchased a new stake in shares of CompoSecure in the fourth quarter valued at approximately $135,000. Raymond James Financial Services Advisors Inc. purchased a new stake in shares of CompoSecure in the first quarter valued at approximately $76,000. Penserra Capital Management LLC purchased a new stake in shares of CompoSecure in the fourth quarter valued at approximately $41,000. Bank of America Corp DE purchased a new stake in shares of CompoSecure in the fourth quarter valued at approximately $40,000. Finally, JPMorgan Chase & Co. purchased a new stake in shares of CompoSecure in the first quarter valued at approximately $38,000.

About CompoSecure (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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