CompoSecure, Inc. (NASDAQ:CMPO) Shares Sold by Prospect Capital Advisors LLC

Prospect Capital Advisors LLC cut its stake in shares of CompoSecure, Inc. (NASDAQ:CMPO - Free Report) by 45.0% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 470,600 shares of the company's stock after selling 384,400 shares during the period. CompoSecure comprises about 4.2% of Prospect Capital Advisors LLC's holdings, making the stock its 10th biggest holding. Prospect Capital Advisors LLC owned 0.53% of CompoSecure worth $7,214,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of CMPO. KLP Kapitalforvaltning AS acquired a new stake in CompoSecure during the fourth quarter worth about $75,000. Wolverine Asset Management LLC increased its position in CompoSecure by 76.3% during the fourth quarter. Wolverine Asset Management LLC now owns 9,335 shares of the company's stock worth $143,000 after purchasing an additional 4,039 shares during the last quarter. Price T Rowe Associates Inc. MD acquired a new stake in CompoSecure during the fourth quarter worth about $156,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in CompoSecure by 33.3% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 10,201 shares of the company's stock worth $161,000 after purchasing an additional 2,547 shares during the last quarter. Finally, Clear Harbor Asset Management LLC acquired a new stake in CompoSecure during the fourth quarter worth about $162,000. Hedge funds and other institutional investors own 37.56% of the company's stock.

CompoSecure Price Performance

CMPO stock opened at $12.33 on Thursday. The company has a fifty day moving average price of $10.92 and a 200 day moving average price of $13.76. CompoSecure, Inc. has a 12 month low of $5.98 and a 12 month high of $17.71. The company has a market cap of $1.26 billion, a price-to-earnings ratio of -28.02, a price-to-earnings-growth ratio of 2.63 and a beta of 0.87.

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

Analysts Set New Price Targets

Several equities research analysts recently issued reports on CMPO shares. Lake Street Capital cut their price objective on shares of CompoSecure from $18.00 to $15.00 and set a "buy" rating for the company in a research report on Thursday, March 6th. Needham & Company LLC reaffirmed a "buy" rating and issued a $15.00 target price on shares of CompoSecure in a research report on Tuesday. Finally, JPMorgan Chase & Co. decreased their target price on shares of CompoSecure from $16.00 to $15.00 and set a "neutral" rating on the stock in a research report on Thursday, March 6th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $16.19.

Insider Buying and Selling at CompoSecure

In other news, Director Resolute Compo Holdings Llc acquired 205,120 shares of the company's stock in a transaction on Friday, February 14th. The shares were bought at an average cost of $15.83 per share, with a total value of $3,247,049.60. Following the purchase, the director now owns 646,893 shares of the company's stock, valued at $10,240,316.19. This represents a 46.43% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CRO Amanda Mandy Gourbault sold 9,622 shares of the business's stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $16.09, for a total transaction of $154,817.98. Following the completion of the transaction, the executive now directly owns 821,782 shares in the company, valued at $13,222,472.38. This represents a 1.16% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have bought 483,235 shares of company stock valued at $7,609,920 and have sold 34,340 shares valued at $430,701. 74.99% of the stock is currently owned by corporate insiders.

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.

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