Blue Trust Inc. Invests $204,000 in CompoSecure, Inc. (NASDAQ:CMPO)

Blue Trust Inc. purchased a new position in CompoSecure, Inc. (NASDAQ:CMPO - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 18,732 shares of the company's stock, valued at approximately $204,000.

Other large investors also recently modified their holdings of the company. GAMMA Investing LLC boosted its position in shares of CompoSecure by 1,524.4% during 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 in the last quarter. KLP Kapitalforvaltning AS purchased a new stake in CompoSecure during the 4th quarter valued at $75,000. Wolverine Asset Management LLC lifted its stake in shares of CompoSecure by 76.3% in the 4th 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 period. Price T Rowe Associates Inc. MD bought a new stake in shares of CompoSecure during the 4th quarter valued at $156,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. increased its position in CompoSecure by 33.3% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 10,201 shares of the company's stock worth $161,000 after buying an additional 2,547 shares in the last quarter. 37.56% of the stock is owned by institutional investors.

CompoSecure Trading Down 1.1%

Shares of NASDAQ:CMPO traded down $0.16 on Friday, reaching $14.17. The company had a trading volume of 3,883,951 shares, compared to its average volume of 916,640. The firm has a market capitalization of $1.45 billion, a PE ratio of -12.88, a PEG ratio of 2.18 and a beta of 0.95. CompoSecure, Inc. has a 52-week low of $6.43 and a 52-week high of $17.71. The firm's 50 day simple moving average is $12.69 and its 200-day simple moving average is $13.39.

CompoSecure (NASDAQ:CMPO - Get Free Report) last posted its earnings results on Monday, May 12th. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.06. The company had revenue of $103.90 million for the quarter, compared to analyst estimates of $103.22 million. CompoSecure had a negative return on equity of 33.46% and a negative net margin of 15.36%. As a group, equities research analysts predict that CompoSecure, Inc. will post 1.02 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on CMPO shares. Wall Street Zen cut CompoSecure from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. Lake Street Capital dropped 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. Needham & Company LLC reissued a "buy" rating and issued a $15.00 price objective on shares of CompoSecure in a research note on Tuesday, May 13th. Finally, JPMorgan Chase & Co. reduced their price target 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. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $16.19.

CompoSecure 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.