Counterpoint Mutual Funds LLC Takes Position in CompoSecure, Inc. $CMPO

Counterpoint Mutual Funds LLC purchased a new position in shares of CompoSecure, Inc. (NASDAQ:CMPO) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 24,061 shares of the company’s stock, valued at approximately $501,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Versant Capital Management Inc grew its stake in CompoSecure by 291.8% in the 3rd quarter. Versant Capital Management Inc now owns 2,018 shares of the company’s stock valued at $42,000 after purchasing an additional 1,503 shares during the period. Tower Research Capital LLC TRC grew its position in CompoSecure by 25.8% during the second 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 holdings in CompoSecure by 80.0% during the second quarter. Ameritas Investment Partners Inc. now owns 4,488 shares of the company’s stock worth $63,000 after buying an additional 1,995 shares during the last quarter. AlphaQuest LLC raised its position in CompoSecure by 15.0% in the second 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, Police & Firemen s Retirement System of New Jersey raised its position in CompoSecure by 65.2% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 10,240 shares of the company’s stock worth $144,000 after acquiring an additional 4,042 shares during the period. Hedge funds and other institutional investors own 37.56% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on CMPO. Benchmark increased their target price on shares of CompoSecure from $24.00 to $32.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. Needham & Company LLC increased their price objective on CompoSecure from $22.00 to $25.00 and gave the company a “buy” rating in a report on Tuesday, November 4th. Lake Street Capital reissued a “buy” rating on shares of CompoSecure in a research report on Wednesday, December 24th. TD Cowen reaffirmed a “buy” rating on shares of CompoSecure in a research report on Tuesday, November 4th. Finally, JPMorgan Chase & Co. reiterated a “buy” rating on shares of CompoSecure in a research note on Thursday, January 8th. Six investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $25.50.

CompoSecure Price Performance

Shares of CMPO stock opened at $22.59 on Wednesday. The company’s fifty day simple moving average is $22.50 and its two-hundred day simple moving average is $20.75. 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 $2.86 billion, a price-to-earnings ratio of -13.45 and a beta of 0.98.

CompoSecure Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be issued a dividend of $0.0025 per share. The ex-dividend date of this dividend is Friday, February 13th. This represents a $0.01 dividend on an annualized basis and a yield of 0.0%.

About CompoSecure

CompoSecure is a global provider of secure card and credential solutions, specializing in the design, manufacturing and personalization of payment cards, identification credentials and related services. The company develops a range of card products that include metal cards, composite cards and hybrid designs integrating advanced security features such as EMV chip technology, contactless interfaces and specialized surface treatments. CompoSecure’s offerings are tailored to the needs of banks, credit unions, fintech firms and government agencies seeking to differentiate their cards and enhance consumer engagement.

The company’s product portfolio extends beyond physical cards to encompass digital issuance and lifecycle management solutions.