CompoSecure, Inc. (NASDAQ:CMPO) Major Shareholder Roman Dbdr Tech Sponsor Llc Sells 600,000 Shares

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 completion of the transaction, the insider now owns 2,864,018 shares in the company, valued at $13,976,407.84. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

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

• 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 Up 5.2 %

CMPO stock opened at $5.29 on Wednesday. The business’s fifty day moving average is $4.87 and its 200-day moving average is $5.29. The company has a market cap of $403.87 million, a P/E ratio of 2.39 and a beta of 0.66. CompoSecure, Inc. has a twelve month low of $4.26 and a twelve month high of $9.09.

CompoSecure (NASDAQ:CMPO – Get Rating) last posted its quarterly 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. The company had revenue of $103.31 million for the quarter, compared to the consensus estimate of $98.39 million. CompoSecure had a negative return on equity of 3.01% and a net margin of 10.97%. Research analysts anticipate that CompoSecure, Inc. will post 0.97 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on CMPO. BTIG Research began coverage on CompoSecure in a research report on Tuesday, December 13th. They issued a “buy” rating and a $9.00 price objective on the stock. JPMorgan Chase & Co. began coverage on CompoSecure in a research report on Tuesday, October 11th. They issued an “overweight” rating and a $10.00 price objective on the stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in CMPO. Trexquant Investment LP acquired a new stake in CompoSecure during the 3rd quarter worth $54,000. JPMorgan Chase & Co. acquired a new stake in CompoSecure during the 1st quarter worth $38,000. Royal Bank of Canada raised its stake in CompoSecure by 120.6% during the 1st quarter. Royal Bank of Canada now owns 4,854 shares of the company’s stock worth $37,000 after buying an additional 2,654 shares during the period. Tower Research Capital LLC TRC raised its stake in CompoSecure by 485.3% during the 3rd quarter. Tower Research Capital LLC TRC now owns 6,591 shares of the company’s stock worth $33,000 after buying an additional 5,465 shares during the period. Finally, Tikvah Management LLC raised its stake in CompoSecure by 0.4% during the 3rd quarter. Tikvah Management LLC now owns 904,365 shares of the company’s stock worth $4,531,000 after buying an additional 3,649 shares during the period. Institutional investors and hedge funds own 31.77% of the company’s stock.

CompoSecure Company Profile

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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.