CompoSecure, Inc. (NASDAQ:CMPO) Receives Consensus Rating of "Moderate Buy" from 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 been assigned a consensus recommendation of "Moderate Buy" from the six brokerages that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation and five have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $17.6667.

A number of research firms have weighed in on CMPO. JPMorgan Chase & Co. restated an "underweight" rating and set a $16.00 price objective on shares of CompoSecure in a research report on Wednesday, August 20th. Wall Street Zen cut shares of CompoSecure from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. B. Riley restated a "buy" rating and set a $23.00 price objective (up from $17.00) on shares of CompoSecure in a research report on Monday, August 18th. Benchmark upped their target price on shares of CompoSecure from $14.00 to $17.00 and gave the stock a "buy" rating in a report on Friday, August 8th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $15.00 target price on shares of CompoSecure in a report on Tuesday, May 13th.

CompoSecure Trading Down 0.5%

NASDAQ CMPO traded down $0.10 on Tuesday, hitting $19.75. 997,568 shares of the company's stock traded hands, compared to its average volume of 1,224,793. The firm's 50-day moving average price is $15.67 and its two-hundred day moving average price is $13.51. CompoSecure has a 1-year low of $9.24 and a 1-year high of $20.14. The firm has a market capitalization of $2.02 billion, a PE ratio of 20.06 and a beta of 0.94.

Insider Transactions at CompoSecure

In other news, COO Gregoire Maes sold 97,226 shares of the company's stock in a transaction on Thursday, August 14th. The shares were sold at an average price of $19.36, for a total transaction of $1,882,295.36. Following the completion of the sale, the chief operating officer owned 779,062 shares of the company's stock, valued at $15,082,640.32. This represents a 11.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Timothy Walter Fitzsimmons sold 100,000 shares of the company's stock in a transaction dated 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 completion of the sale, the chief financial officer directly owned 759,789 shares of the company's stock, valued at $14,238,445.86. This represents a 11.63% decrease in their position. The disclosure for this sale can be found here. Insiders sold 217,125 shares of company stock valued at $4,139,550 over the last 90 days. 52.10% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On CompoSecure

A number of hedge funds have recently modified their holdings of CMPO. GAMMA Investing LLC grew its holdings in shares of CompoSecure by 1,524.4% in the first quarter. GAMMA Investing LLC now owns 2,794 shares of the company's stock valued at $30,000 after purchasing an additional 2,622 shares during the period. MorganRosel Wealth Management LLC acquired a new stake in CompoSecure in the first quarter valued at approximately $43,000. Tower Research Capital LLC TRC raised its holdings in CompoSecure by 25.8% in the second quarter. Tower Research Capital LLC TRC now owns 3,478 shares of the company's stock valued at $49,000 after acquiring an additional 713 shares in the last quarter. Ameritas Investment Partners Inc. raised its holdings in CompoSecure by 80.0% in the second quarter. Ameritas Investment Partners Inc. now owns 4,488 shares of the company's stock valued at $63,000 after acquiring an additional 1,995 shares in the last quarter. Finally, AlphaQuest LLC purchased a new position in CompoSecure in the first quarter valued at approximately $72,000. Hedge funds and other institutional investors own 37.56% of the company's stock.

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.