XTX Topco Ltd Buys New Holdings in CompoSecure, Inc. (NASDAQ:CMPO)

XTX Topco Ltd purchased a new position in shares of CompoSecure, Inc. (NASDAQ:CMPO) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 23,102 shares of the company’s stock, valued at approximately $157,000.

A number of other institutional investors also recently bought and sold shares of CMPO. CWM LLC increased its stake in shares of CompoSecure by 205.9% in the second quarter. CWM LLC now owns 3,656 shares of the company’s stock worth $25,000 after acquiring an additional 2,461 shares during the period. Ritholtz Wealth Management acquired a new stake in CompoSecure during the 2nd quarter worth about $84,000. B. Riley Wealth Advisors Inc. purchased a new position in shares of CompoSecure during the 1st quarter valued at about $91,000. Rhumbline Advisers lifted its holdings in shares of CompoSecure by 17.3% in the 2nd quarter. Rhumbline Advisers now owns 19,521 shares of the company’s stock valued at $133,000 after buying an additional 2,877 shares during the period. Finally, Impact Partnership Wealth LLC lifted its holdings in shares of CompoSecure by 186.1% in the 2nd quarter. Impact Partnership Wealth LLC now owns 20,276 shares of the company’s stock valued at $138,000 after buying an additional 13,188 shares during the period. 37.56% of the stock is owned by hedge funds and other institutional investors.

CompoSecure Stock Up 1.4 %

Shares of NASDAQ CMPO opened at $14.02 on Tuesday. The firm has a market cap of $1.13 billion, a price-to-earnings ratio of 14.45, a price-to-earnings-growth ratio of 1.00 and a beta of 0.76. The company’s 50-day simple moving average is $11.05 and its 200-day simple moving average is $8.29. CompoSecure, Inc. has a 52-week low of $4.61 and a 52-week high of $14.20.

CompoSecure (NASDAQ:CMPO) last posted its quarterly earnings data on Wednesday, August 7th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.01. CompoSecure had a negative return on equity of 11.78% and a net margin of 6.33%. The company had revenue of $108.57 million for the quarter, compared to analysts’ expectations of $102.22 million. During the same period in the previous year, the firm posted $0.25 EPS. Equities research analysts anticipate that CompoSecure, Inc. will post 1.1 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Needham & Company LLC lifted their price target on CompoSecure from $15.00 to $16.00 and gave the company a “buy” rating in a research report on Thursday, August 8th. Lake Street Capital started coverage on shares of CompoSecure in a report on Thursday, June 27th. They set a “buy” rating and a $12.00 target price for the company. Benchmark increased their price target on shares of CompoSecure from $12.00 to $17.00 and gave the stock a “buy” rating in a report on Wednesday, September 18th. Bank of America upped their price objective on shares of CompoSecure from $9.00 to $10.00 and gave the stock a “buy” rating in a research report on Thursday, August 8th. Finally, Compass Point lifted their price target on CompoSecure from $11.50 to $14.50 and gave the company a “buy” rating in a research note on Tuesday, August 20th. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $14.21.

Insider Buying and Selling

In other CompoSecure news, insider Adam Joseph Lowe sold 45,000 shares of the firm’s stock in a transaction on Wednesday, August 14th. The stock was sold at an average price of $11.06, for a total value of $497,700.00. Following the transaction, the insider now owns 1,292,219 shares in the company, valued at approximately $14,291,942.14. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, COO Gregoire Maes sold 50,000 shares of the business’s stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $11.04, for a total transaction of $552,000.00. Following the transaction, the chief operating officer now directly owns 762,009 shares in the company, valued at $8,412,579.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Adam Joseph Lowe sold 45,000 shares of the stock in a transaction dated Wednesday, August 14th. The shares were sold at an average price of $11.06, for a total transaction of $497,700.00. Following the completion of the sale, the insider now owns 1,292,219 shares of the company’s stock, valued at approximately $14,291,942.14. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 10,867,586 shares of company stock worth $82,870,442. 74.99% of the stock is owned by corporate insiders.

About CompoSecure

CompoSecure, Inc manufactures and designs metal, composite, 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 supports specific digital assets, including Bitcoin, Ethereum, non-fungible tokens and others.