UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Takes Position in CompoSecure, Inc. (NASDAQ:CMPO)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of CompoSecure, Inc. (NASDAQ:CMPO) during the fourth quarter, according to its most recent filing with the SEC. The fund bought 11,572 shares of the company’s stock, valued at approximately $177,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. KLP Kapitalforvaltning AS bought a new stake in CompoSecure in the fourth quarter worth about $75,000. Wolverine Asset Management LLC increased its stake in shares of CompoSecure by 76.3% during the 4th quarter. Wolverine Asset Management LLC now owns 9,335 shares of the company’s stock worth $143,000 after purchasing an additional 4,039 shares during the last quarter. Price T Rowe Associates Inc. MD bought a new stake in shares of CompoSecure in the 4th quarter worth approximately $156,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of CompoSecure by 33.3% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 10,201 shares of the company’s stock worth $161,000 after purchasing an additional 2,547 shares during the period. Finally, OLD Mission Capital LLC purchased a new position in CompoSecure in the fourth quarter valued at approximately $165,000. 37.56% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Lake Street Capital decreased their target price on CompoSecure from $18.00 to $15.00 and set a “buy” rating for the company in a research report on Thursday, March 6th. JPMorgan Chase & Co. cut their price target on CompoSecure from $16.00 to $15.00 and set a “neutral” rating for the company in a research note on Thursday, March 6th. Wall Street Zen lowered CompoSecure from a “buy” rating to a “hold” rating in a report on Thursday, May 22nd. Finally, Needham & Company LLC restated a “buy” rating and issued a $15.00 price objective on shares of CompoSecure in a research note on Tuesday, May 13th. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $16.19.

CompoSecure Price Performance

CompoSecure stock opened at $14.19 on Friday. The firm has a market capitalization of $1.45 billion, a P/E ratio of -32.25, a PEG ratio of 2.63 and a beta of 0.95. CompoSecure, Inc. has a one year low of $6.13 and a one year high of $17.71. The business has a fifty day moving average price of $11.94 and a 200-day moving average price of $13.53.

CompoSecure (NASDAQ:CMPO) last issued its quarterly earnings data on Monday, May 12th. The company reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.06. The business had revenue of $103.90 million for the quarter, compared to analysts’ expectations of $103.22 million. CompoSecure had a negative return on equity of 14.87% and a negative net margin of 5.63%. Sell-side analysts expect that CompoSecure, Inc. will post 1.02 earnings per share for the current fiscal year.

Insider Activity at CompoSecure

In related news, insider Adam Joseph Lowe sold 5,000 shares of the business’s stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $11.01, for a total transaction of $55,050.00. Following the completion of the transaction, the insider now directly owns 1,481,036 shares in the company, valued at $16,306,206.36. The trade was a 0.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Joseph J. Deangelo bought 45,045 shares of the firm’s stock in a transaction on Monday, March 17th. The stock was acquired at an average price of $11.12 per share, for a total transaction of $500,900.40. Following the completion of the purchase, the director now directly owns 45,045 shares in the company, valued at approximately $500,900.40. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. 52.10% of the stock is owned by corporate insiders.

CompoSecure 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.