Donald G. Basile Sells 101,633 Shares of CompoSecure, Inc. (NASDAQ:CMPO) Stock

CompoSecure, Inc. (NASDAQ:CMPOGet Rating) major shareholder Donald G. Basile sold 101,633 shares of CompoSecure stock in a transaction on Monday, November 21st. The stock was sold at an average price of $4.86, for a total value of $493,936.38. Following the transaction, the insider now owns 4,291,537 shares in the company, valued at approximately $20,856,869.82. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

CompoSecure Trading Down 0.2 %

Shares of NASDAQ:CMPO opened at $4.99 on Friday. The business has a 50-day moving average price of $5.10 and a 200 day moving average price of $5.74. The company has a market capitalization of $380.99 million, a price-to-earnings ratio of 2.26 and a beta of 0.77. CompoSecure, Inc. has a 12-month low of $4.56 and a 12-month high of $10.69.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on CMPO shares. JPMorgan Chase & Co. started coverage on CompoSecure in a report on Tuesday, October 11th. They set an “overweight” rating and a $10.00 price target on the stock. Needham & Company LLC raised their price objective on CompoSecure from $14.00 to $15.00 and gave the stock a “buy” rating in a research report on Friday, August 5th.

Institutional Trading of CompoSecure

A number of hedge funds and other institutional investors have recently modified their holdings of CMPO. Bleichroeder LP acquired a new stake in shares of CompoSecure during the 1st quarter worth about $11,351,000. Tikvah Management LLC acquired a new position in CompoSecure in the 1st quarter valued at about $3,783,000. Polar Asset Management Partners Inc. acquired a new position in CompoSecure in the 1st quarter valued at about $1,548,000. Vanguard Group Inc. acquired a new position in CompoSecure in the 1st quarter valued at about $1,506,000. Finally, BlackRock Inc. acquired a new position in CompoSecure in the 1st quarter valued at about $835,000. 14.04% of the stock is owned by institutional investors and hedge funds.

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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