115,008 Shares in CompoSecure, Inc. $CMPO Purchased by Caxton Associates LLP

Caxton Associates LLP bought a new stake in shares of CompoSecure, Inc. (NASDAQ:CMPO) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 115,008 shares of the company’s stock, valued at approximately $1,620,000. Caxton Associates LLP owned approximately 0.11% of CompoSecure as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Raymond James Financial Inc. raised its position in CompoSecure by 4.2% during the second quarter. Raymond James Financial Inc. now owns 15,825 shares of the company’s stock valued at $223,000 after purchasing an additional 639 shares in the last quarter. Tower Research Capital LLC TRC increased its position 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 purchasing an additional 713 shares during the period. California State Teachers Retirement System raised its stake in CompoSecure by 4.0% in the second quarter. California State Teachers Retirement System now owns 24,089 shares of the company’s stock worth $339,000 after buying an additional 937 shares in the last quarter. AlphaQuest LLC grew its holdings in shares of CompoSecure by 15.0% during the 2nd quarter. AlphaQuest LLC now owns 7,625 shares of the company’s stock worth $107,000 after acquiring an additional 994 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of CompoSecure by 9.0% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 12,363 shares of the company’s stock worth $174,000 after acquiring an additional 1,024 shares in the last quarter. Institutional investors own 37.56% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Needham & Company LLC upped their price target on CompoSecure from $22.00 to $25.00 and gave the stock a “buy” rating in a research note on Tuesday, November 4th. JPMorgan Chase & Co. increased their price target on shares of CompoSecure from $20.00 to $22.00 and gave the stock a “neutral” rating in a research note on Thursday, December 4th. Lake Street Capital lifted their price target on shares of CompoSecure from $21.00 to $25.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. Cowen restated a “buy” rating on shares of CompoSecure in a report on Tuesday, November 4th. Finally, B. Riley reiterated a “buy” rating and set a $23.00 target price (up from $17.00) on shares of CompoSecure in a report on Monday, August 18th. Six analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, CompoSecure currently has a consensus rating of “Moderate Buy” and an average price target of $25.50.

CompoSecure Price Performance

CMPO stock opened at $19.68 on Tuesday. CompoSecure, Inc. has a 1-year low of $9.24 and a 1-year high of $26.78. The stock has a market capitalization of $2.49 billion, a P/E ratio of -11.71 and a beta of 0.97. The business has a fifty day moving average price of $20.04 and a 200-day moving average price of $17.82.

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.