179,368 Shares in CompoSecure, Inc. (NASDAQ:CMPO) Purchased by BNP Paribas Financial Markets

BNP Paribas Financial Markets purchased a new stake in shares of CompoSecure, Inc. (NASDAQ:CMPO - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 179,368 shares of the company's stock, valued at approximately $2,750,000. BNP Paribas Financial Markets owned approximately 0.20% of CompoSecure at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in CMPO. KLP Kapitalforvaltning AS bought a new position in shares of CompoSecure during the 4th quarter worth approximately $75,000. Wolverine Asset Management LLC increased its position in shares of CompoSecure by 76.3% during the fourth quarter. Wolverine Asset Management LLC now owns 9,335 shares of the company's stock valued at $143,000 after acquiring an additional 4,039 shares during the last quarter. Price T Rowe Associates Inc. MD bought a new stake in CompoSecure during the fourth quarter worth $156,000. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in CompoSecure by 33.3% during the fourth 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 during the period. Finally, Clear Harbor Asset Management LLC purchased a new position in CompoSecure in the fourth quarter worth $162,000. 37.56% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at CompoSecure

In related news, insider Adam Joseph Lowe sold 18,818 shares of CompoSecure stock in a transaction that occurred 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 sale, the insider now directly owns 1,486,036 shares in the company, valued at $16,301,814.92. The trade was a 1.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Resolute Compo Holdings Llc bought 233,070 shares of the company's stock in a transaction dated Thursday, February 20th. The shares were acquired at an average price of $16.57 per share, for a total transaction of $3,861,969.90. Following the acquisition, the director now owns 879,963 shares in the company, valued at approximately $14,580,986.91. This represents a 36.03% increase in their position. The disclosure for this purchase can be found here. Over the last quarter, insiders have sold 34,340 shares of company stock worth $430,701. 74.99% of the stock is currently owned by company insiders.

CompoSecure Price Performance

NASDAQ CMPO traded up $0.04 during trading on Wednesday, hitting $12.56. 53,829 shares of the company's stock traded hands, compared to its average volume of 839,979. The stock has a fifty day moving average of $11.07 and a two-hundred day moving average of $13.68. CompoSecure, Inc. has a 12-month low of $5.98 and a 12-month high of $17.71. The firm has a market cap of $1.29 billion, a P/E ratio of -28.56, a PEG ratio of 2.63 and a beta of 0.87.

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

Analyst Ratings Changes

Several equities research analysts have recently 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. Needham & Company LLC restated a "buy" rating and set a $15.00 price objective on shares of CompoSecure in a report on Tuesday, May 13th. Finally, JPMorgan Chase & Co. dropped their target price on shares of CompoSecure from $16.00 to $15.00 and set a "neutral" rating on the stock in a research note on Thursday, March 6th. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $16.19.

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.