CompoSecure, Inc. (NASDAQ:CMPO) Given Average Recommendation of "Moderate Buy" by Analysts

Key Points

• CompoSecure, Inc. (NASDAQ:CMPO) has received a consensus recommendation of "Moderate Buy" from analysts, with one sell rating and five buy ratings included.
• The average one-year price target for CompoSecure's stock is $17.67, reflecting the differing views of analysts on the company's potential.
• Insiders have sold a total of 217,125 shares in the last three months, indicating a decrease in their ownership, which now stands at 52.10% among corporate insiders.

CompoSecure, Inc. (NASDAQ:CMPO - Get Free Report) has earned an average rating of "Moderate Buy" from the six ratings firms that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating and five have given a buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $17.6667.

A number of equities analysts recently issued reports on CMPO shares. B. Riley reissued a "buy" rating and issued a $23.00 price objective (up previously from $17.00) on shares of CompoSecure in a report on Monday, August 18th. JPMorgan Chase & Co. reissued an "underweight" rating and issued a $16.00 price objective on shares of CompoSecure in a report on Wednesday, August 20th. Benchmark raised their price objective on shares of CompoSecure from $14.00 to $17.00 and gave the stock a "buy" rating in a report on Friday, August 8th. Wall Street Zen downgraded shares of CompoSecure from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. Finally, Needham & Company LLC reissued a "buy" rating and issued a $15.00 price objective on shares of CompoSecure in a report on Tuesday, May 13th.

Insiders Place Their Bets

In other CompoSecure news, CFO Timothy Walter Fitzsimmons sold 100,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $18.74, for a total transaction of $1,874,000.00. Following the sale, the chief financial officer owned 759,789 shares in the company, valued at approximately $14,238,445.86. This trade represents a 11.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Gregoire Maes sold 97,226 shares of the firm's stock in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $19.36, for a total transaction of $1,882,295.36. Following the sale, the chief operating officer owned 779,062 shares in the company, valued at approximately $15,082,640.32. The trade was a 11.10% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 217,125 shares of company stock worth $4,139,550. Company insiders own 52.10% of the company's stock.

Institutional Investors Weigh In On CompoSecure

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CMPO. Locust Wood Capital Advisers LLC raised its stake in CompoSecure by 60.3% during the 1st quarter. Locust Wood Capital Advisers LLC now owns 7,339,015 shares of the company's stock worth $79,775,000 after acquiring an additional 2,759,872 shares during the period. Corsair Capital Management L.P. bought a new stake in CompoSecure during the 1st quarter worth approximately $19,901,000. Divisadero Street Capital Management LP bought a new stake in CompoSecure during the 4th quarter worth approximately $16,075,000. Vanguard Group Inc. raised its stake in CompoSecure by 65.7% during the 1st quarter. Vanguard Group Inc. now owns 2,337,323 shares of the company's stock worth $25,407,000 after acquiring an additional 926,389 shares during the period. Finally, Bank of America Corp DE raised its stake in CompoSecure by 449.5% during the 4th quarter. Bank of America Corp DE now owns 651,211 shares of the company's stock worth $9,983,000 after acquiring an additional 532,708 shares during the period. Institutional investors own 37.56% of the company's stock.

CompoSecure Price Performance

Shares of CMPO traded down $0.63 on Tuesday, reaching $19.12. The company's stock had a trading volume of 874,733 shares, compared to its average volume of 1,213,751. The stock has a market capitalization of $1.96 billion, a P/E ratio of -11.38 and a beta of 0.96. The stock's 50 day simple moving average is $15.89 and its two-hundred day simple moving average is $13.55. CompoSecure has a 12-month low of $9.24 and a 12-month high of $20.14.

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.