Bleichroeder LP Purchases 59,416 Shares of CompoSecure, Inc. (NASDAQ:CMPO)

Bleichroeder LP grew its holdings in CompoSecure, Inc. (NASDAQ:CMPO - Free Report) by 1.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,856,966 shares of the company's stock after acquiring an additional 59,416 shares during the period. CompoSecure comprises 14.9% of Bleichroeder LP's holdings, making the stock its 2nd biggest position. Bleichroeder LP owned about 4.38% of CompoSecure worth $59,127,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Principal Financial Group Inc. boosted its position in CompoSecure by 9.3% in the 4th quarter. Principal Financial Group Inc. now owns 11,399 shares of the company's stock worth $175,000 after purchasing an additional 967 shares in the last quarter. First Trust Advisors LP increased its holdings in CompoSecure by 2.2% in the fourth quarter. First Trust Advisors LP now owns 100,124 shares of the company's stock valued at $1,535,000 after buying an additional 2,149 shares in the last quarter. Ameriprise Financial Inc. raised its position in shares of CompoSecure by 1.9% in the fourth quarter. Ameriprise Financial Inc. now owns 133,399 shares of the company's stock worth $2,045,000 after acquiring an additional 2,521 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of CompoSecure by 33.3% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 10,201 shares of the company's stock worth $161,000 after acquiring an additional 2,547 shares in the last quarter. Finally, Rowlandmiller & PARTNERS.ADV increased its stake in shares of CompoSecure by 25.4% in the 4th quarter. Rowlandmiller & PARTNERS.ADV now owns 13,325 shares of the company's stock valued at $204,000 after purchasing an additional 2,700 shares in the last quarter. Institutional investors and hedge funds own 37.56% of the company's stock.

Insider Transactions at CompoSecure

In other CompoSecure news, insider Adam Joseph Lowe sold 18,818 shares of the business's stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $10.97, for a total transaction of $206,433.46. Following the transaction, the insider now owns 1,486,036 shares of the company's stock, valued at approximately $16,301,814.92. The trade was a 1.25 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CRO Amanda Mandy Gourbault sold 9,622 shares of the business's stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $16.09, for a total transaction of $154,817.98. Following the transaction, the executive now directly owns 821,782 shares in the company, valued at approximately $13,222,472.38. The trade was a 1.16 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have purchased 704,421 shares of company stock worth $10,929,922 and have sold 34,340 shares worth $430,701. Insiders own 74.99% of the company's stock.

CompoSecure Price Performance

CMPO traded up $0.05 on Wednesday, reaching $11.34. 482,203 shares of the company's stock were exchanged, compared to its average volume of 832,163. CompoSecure, Inc. has a twelve month low of $5.98 and a twelve month high of $17.71. The stock has a market cap of $1.16 billion, a PE ratio of -25.77, a P/E/G ratio of 2.63 and a beta of 0.87. The stock's fifty day moving average price is $10.90 and its 200-day moving average price is $13.88.

Analyst Ratings Changes

Several brokerages have commented on CMPO. Needham & Company LLC cut their price objective on CompoSecure from $16.00 to $15.00 and set a "buy" rating for the company in a research report on Thursday, March 6th. JPMorgan Chase & Co. reduced their price objective on shares of CompoSecure from $16.00 to $15.00 and set a "neutral" rating for the company in a research report on Thursday, March 6th. Finally, Lake Street Capital cut their target price on shares of CompoSecure from $18.00 to $15.00 and set a "buy" rating for the company in a research note on Thursday, March 6th. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, CompoSecure presently has an average rating of "Moderate Buy" and a consensus price target of $16.19.

About CompoSecure

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.