CompoSecure, Inc. (NASDAQ:CMPO) Given Consensus Recommendation of “Moderate Buy” by Analysts

CompoSecure, Inc. (NASDAQ:CMPO) has earned a consensus recommendation of “Moderate Buy” from the six brokerages that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $17.6667.

Several equities research analysts have issued reports on the stock. Needham & Company LLC reiterated a “buy” rating and set a $15.00 price objective on shares of CompoSecure in a research note on Tuesday, May 13th. Wall Street Zen lowered shares of CompoSecure from a “buy” rating to a “hold” rating in a report on Thursday, May 22nd. B. Riley reaffirmed a “buy” rating and set a $23.00 price target (up from $17.00) on shares of CompoSecure in a report on Monday, August 18th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $16.00 price target on shares of CompoSecure in a report on Wednesday, August 20th. Finally, Benchmark raised their price target on shares of CompoSecure from $14.00 to $17.00 and gave the company a “buy” rating in a report on Friday, August 8th.

CompoSecure Stock Down 1.0%

CMPO opened at $19.65 on Tuesday. CompoSecure has a 52-week low of $9.24 and a 52-week high of $20.02. The company has a 50 day moving average of $15.44 and a two-hundred day moving average of $13.42. The company has a market cap of $2.01 billion, a P/E ratio of -11.70 and a beta of 0.94.

Insider Activity at CompoSecure

In related news, CFO Timothy Walter Fitzsimmons sold 100,000 shares of the firm’s stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $18.74, for a total transaction of $1,874,000.00. Following the completion of the sale, the chief financial officer directly owned 759,789 shares of the company’s stock, valued at approximately $14,238,445.86. This trade represents a 11.63% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Gregoire Maes sold 97,226 shares of the firm’s stock in a transaction on Thursday, August 14th. The shares were sold at an average price of $19.36, for a total transaction of $1,882,295.36. Following the sale, the chief operating officer directly owned 779,062 shares of the company’s stock, valued at approximately $15,082,640.32. The trade was a 11.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 217,125 shares of company stock valued at $4,139,550. Corporate insiders own 52.10% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in CMPO. GAMMA Investing LLC lifted its position in shares of CompoSecure by 1,524.4% in the 1st quarter. GAMMA Investing LLC now owns 2,794 shares of the company’s stock worth $30,000 after buying an additional 2,622 shares during the last quarter. MorganRosel Wealth Management LLC acquired a new position in CompoSecure during the 1st quarter valued at about $43,000. Tower Research Capital LLC TRC increased its stake in CompoSecure by 25.8% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,478 shares of the company’s stock valued at $49,000 after buying an additional 713 shares during the period. Ameritas Investment Partners Inc. increased its stake in CompoSecure by 80.0% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 4,488 shares of the company’s stock valued at $63,000 after buying an additional 1,995 shares during the period. Finally, AlphaQuest LLC acquired a new position in CompoSecure during the 1st quarter valued at about $72,000. 37.56% of the stock is currently owned by institutional investors.

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.