Numerai GP LLC Sells 212,448 Shares of CompoSecure, Inc. (NASDAQ:CMPO)

Numerai GP LLC cut its position in CompoSecure, Inc. (NASDAQ:CMPO - Free Report) by 72.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 80,847 shares of the company's stock after selling 212,448 shares during the quarter. Numerai GP LLC owned 0.09% of CompoSecure worth $1,239,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Capital World Investors bought a new position in shares of CompoSecure during the fourth quarter worth about $27,387,000. Divisadero Street Capital Management LP bought a new stake in CompoSecure in the fourth quarter worth approximately $16,075,000. Nine Ten Capital Management LLC bought a new stake in CompoSecure in the fourth quarter worth approximately $13,925,000. Locust Wood Capital Advisers LLC increased its holdings in CompoSecure by 19.1% in the fourth quarter. Locust Wood Capital Advisers LLC now owns 4,579,143 shares of the company's stock worth $70,198,000 after purchasing an additional 734,202 shares in the last quarter. Finally, Zuckerman Investment Group LLC increased its holdings in CompoSecure by 85.0% in the fourth quarter. Zuckerman Investment Group LLC now owns 1,525,207 shares of the company's stock worth $24,098,000 after purchasing an additional 700,858 shares in the last quarter. 37.56% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on CMPO shares. JPMorgan Chase & Co. lowered their target price on CompoSecure from $16.00 to $15.00 and set a "neutral" rating for the company in a report on Thursday, March 6th. Lake Street Capital lowered their target price on CompoSecure from $18.00 to $15.00 and set a "buy" rating for the company in a report on Thursday, March 6th. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $15.00 target price on shares of CompoSecure in a report on Tuesday. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, CompoSecure presently has an average rating of "Moderate Buy" and an average target price of $16.19.

CompoSecure Stock Performance

CompoSecure stock traded up $0.19 during mid-day trading on Friday, reaching $12.80. The stock had a trading volume of 734,481 shares, compared to its average volume of 840,332. CompoSecure, Inc. has a fifty-two week low of $5.98 and a fifty-two week high of $17.71. The stock's 50-day simple moving average is $11.00 and its 200-day simple moving average is $13.72. The firm has a market capitalization of $1.31 billion, a PE ratio of -29.09, a price-to-earnings-growth ratio of 2.63 and a beta of 0.87.

CompoSecure (NASDAQ:CMPO - Get Free Report) last announced its quarterly earnings data on Monday, May 12th. The company reported $0.25 EPS for the quarter, beating analysts' consensus estimates of $0.19 by $0.06. The firm had revenue of $103.90 million during the quarter, compared to analysts' expectations of $103.22 million. CompoSecure had a negative return on equity of 14.87% and a negative net margin of 5.63%. On average, research analysts forecast that CompoSecure, Inc. will post 1.02 earnings per share for the current fiscal year.

Insider Activity at CompoSecure

In related news, CRO Amanda Mandy Gourbault sold 9,622 shares of CompoSecure stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $16.09, for a total transaction of $154,817.98. Following the transaction, the executive now owns 821,782 shares of the company's stock, valued at $13,222,472.38. The trade was a 1.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Adam Joseph Lowe sold 18,818 shares of CompoSecure stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $10.97, for a total value of $206,433.46. Following the transaction, the insider now directly owns 1,486,036 shares in the company, valued at approximately $16,301,814.92. The trade was a 1.25% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 34,340 shares of company stock valued at $430,701 over the last 90 days. Insiders own 74.99% of the company's stock.

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.