Numerai GP LLC Has $1.24 Million Position in CompoSecure, Inc. (NASDAQ:CMPO)

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

Several other institutional investors and hedge funds have also modified their holdings of CMPO. KLP Kapitalforvaltning AS purchased a new stake in CompoSecure in the 4th quarter worth approximately $75,000. Wolverine Asset Management LLC lifted its position in shares of CompoSecure by 76.3% in the fourth quarter. Wolverine Asset Management LLC now owns 9,335 shares of the company's stock worth $143,000 after buying an additional 4,039 shares in the last quarter. Price T Rowe Associates Inc. MD bought a new position in shares of CompoSecure during the fourth quarter valued at approximately $156,000. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in CompoSecure by 33.3% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 10,201 shares of the company's stock valued at $161,000 after acquiring an additional 2,547 shares in the last quarter. Finally, Clear Harbor Asset Management LLC purchased a new stake in shares of CompoSecure during the 4th quarter valued at $162,000. 37.56% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have recently commented on CMPO shares. Lake Street Capital reduced their price target on shares of CompoSecure from $18.00 to $15.00 and set a "buy" rating on the stock in a research report on Thursday, March 6th. Needham & Company LLC reiterated a "buy" rating and set a $15.00 price target on shares of CompoSecure in a research report on Tuesday, May 13th. Finally, JPMorgan Chase & Co. reduced their price objective 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 assigned a buy rating to the company's stock. According to data from MarketBeat, CompoSecure currently has an average rating of "Moderate Buy" and a consensus target price of $16.19.

Insider Activity

In other CompoSecure news, Director Resolute Compo Holdings Llc bought 233,070 shares of the business's stock in a transaction that occurred on Thursday, February 20th. The shares were bought at an average cost of $16.57 per share, with a total value of $3,861,969.90. Following the completion of the purchase, the director now directly owns 879,963 shares of the company's stock, valued at $14,580,986.91. This trade represents a 36.03% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Joseph J. Deangelo purchased 45,045 shares of the company's stock in a transaction dated Monday, March 17th. The shares were acquired at an average price of $11.12 per share, for a total transaction of $500,900.40. Following the purchase, the director now directly owns 45,045 shares in the company, valued at approximately $500,900.40. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold a total of 34,340 shares of company stock valued at $430,701 over the last three months. Insiders own 74.99% of the company's stock.

CompoSecure Trading Down 1.8%

Shares of NASDAQ:CMPO traded down $0.24 on Monday, hitting $12.57. The company had a trading volume of 240,474 shares, compared to its average volume of 840,312. The company has a market cap of $1.29 billion, a PE ratio of -28.53, a PEG ratio of 2.63 and a beta of 0.87. The business has a 50 day moving average of $11.00 and a 200 day moving average of $13.70. CompoSecure, Inc. has a 52-week low of $5.98 and a 52-week high of $17.71.

CompoSecure (NASDAQ:CMPO - Get Free Report) last released its quarterly earnings data on Monday, May 12th. The company reported $0.25 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.19 by $0.06. The business had revenue of $103.90 million during 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, equities analysts predict that CompoSecure, Inc. will post 1.02 EPS for the current year.

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.