14,622 Shares in CompoSecure, Inc. (NASDAQ:CMPO) Acquired by MetLife Investment Management LLC

MetLife Investment Management LLC acquired a new stake in CompoSecure, Inc. (NASDAQ:CMPO) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 14,622 shares of the company’s stock, valued at approximately $205,000.

Several other institutional investors and hedge funds have also made changes to their positions in CMPO. CWM LLC raised its position in CompoSecure by 205.9% during the 2nd quarter. CWM LLC now owns 3,656 shares of the company’s stock valued at $25,000 after purchasing an additional 2,461 shares in the last quarter. nVerses Capital LLC bought a new position in CompoSecure during the 3rd quarter worth about $72,000. Wolverine Asset Management LLC purchased a new position in CompoSecure during the 3rd quarter valued at about $74,000. FMR LLC raised its holdings in shares of CompoSecure by 693.0% in the 3rd quarter. FMR LLC now owns 5,900 shares of the company’s stock valued at $83,000 after purchasing an additional 5,156 shares in the last quarter. Finally, Harvest Fund Management Co. Ltd purchased a new stake in shares of CompoSecure in the 3rd quarter worth approximately $140,000. 37.56% of the stock is currently owned by institutional investors.

CompoSecure Trading Down 0.2 %

NASDAQ:CMPO opened at $16.16 on Monday. CompoSecure, Inc. has a twelve month low of $4.61 and a twelve month high of $16.68. The company has a market cap of $1.42 billion, a PE ratio of -36.73, a P/E/G ratio of 1.27 and a beta of 0.76. The company’s 50 day moving average is $14.99 and its two-hundred day moving average is $11.12.

CompoSecure (NASDAQ:CMPO) last posted its quarterly earnings data on Friday, November 8th. The company reported $0.27 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.02). The company had revenue of $107.14 million for the quarter, compared to analyst estimates of $105.11 million. CompoSecure had a negative return on equity of 14.87% and a negative net margin of 5.63%. During the same quarter in the previous year, the firm posted $0.24 earnings per share. As a group, analysts expect that CompoSecure, Inc. will post 1.02 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have weighed in on CMPO. B. Riley upped their target price on CompoSecure from $18.00 to $23.00 and gave the stock a “buy” rating in a report on Monday, November 11th. Benchmark reaffirmed a “buy” rating and set a $17.00 price objective on shares of CompoSecure in a research report on Tuesday, November 12th. Lake Street Capital boosted their target price on shares of CompoSecure from $14.00 to $18.00 and gave the stock a “buy” rating in a report on Wednesday, October 2nd. Compass Point raised their price target on shares of CompoSecure from $11.50 to $14.50 and gave the company a “buy” rating in a report on Tuesday, August 20th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of CompoSecure from $12.00 to $16.00 and gave the stock a “neutral” rating in a research note on Monday, December 2nd. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $16.36.

Insiders Place Their Bets

In other CompoSecure news, insider Adam Joseph Lowe sold 5,730 shares of the company’s stock in a transaction on Wednesday, September 11th. The shares were sold at an average price of $12.05, for a total transaction of $69,046.50. Following the completion of the transaction, the insider now directly owns 1,292,219 shares in the company, valued at approximately $15,571,238.95. This represents a 0.44 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Jonathan Wilk sold 618,014 shares of the firm’s stock in a transaction on Tuesday, September 17th. The shares were sold at an average price of $7.55, for a total value of $4,666,005.70. Following the completion of the transaction, the chief executive officer now owns 618,013 shares in the company, valued at $4,665,998.15. The trade was a 50.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 10,666,590 shares of company stock valued at $80,774,821. Company insiders own 74.99% of the company’s stock.

CompoSecure Company Profile

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.