Bwcp LP grew its stake in CompoSecure, Inc. (NASDAQ:CMPO - Free Report) by 12.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 701,201 shares of the company's stock after buying an additional 79,634 shares during the quarter. CompoSecure accounts for approximately 2.3% of Bwcp LP's portfolio, making the stock its 23rd biggest position. Bwcp LP owned approximately 0.80% of CompoSecure worth $10,749,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also made changes to their positions in the company. Mercer Global Advisors Inc. ADV purchased a new position in CompoSecure in the fourth quarter valued at $293,000. Voleon Capital Management LP acquired a new position in shares of CompoSecure during the 4th quarter worth about $694,000. Northern Trust Corp increased its holdings in shares of CompoSecure by 14.1% in the 4th quarter. Northern Trust Corp now owns 242,854 shares of the company's stock valued at $3,723,000 after acquiring an additional 30,086 shares during the last quarter. KP Management LLC purchased a new stake in CompoSecure during the fourth quarter worth approximately $1,344,000. Finally, Aquatic Capital Management LLC acquired a new position in CompoSecure in the fourth quarter valued at approximately $235,000. 37.56% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of brokerages recently weighed in on CMPO. JPMorgan Chase & Co. reduced their price target 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. Needham & Company LLC decreased their target price on CompoSecure from $16.00 to $15.00 and set a "buy" rating for the company in a research report on Thursday, March 6th. Finally, Lake Street Capital cut their price target on CompoSecure from $18.00 to $15.00 and set a "buy" rating on the stock in a research report on Thursday, March 6th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat, CompoSecure currently has a consensus rating of "Moderate Buy" and an average price target of $16.19.
Check Out Our Latest Research Report on CompoSecure
Insider Activity
In other CompoSecure news, Director Resolute Compo Holdings Llc acquired 221,186 shares of the company's stock in a transaction that occurred on Wednesday, February 12th. The shares were purchased at an average price of $15.01 per share, with a total value of $3,320,001.86. Following the completion of the acquisition, the director now directly owns 221,186 shares of the company's stock, valued at approximately $3,320,001.86. The trade was a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Adam Joseph Lowe sold 5,000 shares of the stock in a transaction on Monday, March 17th. The stock was sold at an average price of $11.01, for a total value of $55,050.00. Following the completion of the transaction, the insider now owns 1,481,036 shares of the company's stock, valued at $16,306,206.36. The trade was a 0.34 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have bought 704,421 shares of company stock valued at $10,929,922 and have sold 34,340 shares valued at $430,701. Insiders own 74.99% of the company's stock.
CompoSecure Price Performance
NASDAQ:CMPO opened at $11.05 on Friday. The firm has a market cap of $1.13 billion, a price-to-earnings ratio of -25.11, a price-to-earnings-growth ratio of 2.63 and a beta of 0.87. CompoSecure, Inc. has a 1-year low of $5.98 and a 1-year high of $17.71. The firm's fifty day moving average price is $11.20 and its 200 day moving average price is $13.98.
About CompoSecure
(
Free Report)
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.
See Also
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