Compass, Inc. $COMP Shares Sold by Penn Capital Management Company LLC

Key Points

• Penn Capital Management cut its Compass stake by 7.4% in the third quarter, selling 148,121 shares; it still held 1.86 million shares valued at about $16.5 million.
• Other institutional investors opened new positions during the second quarter, and institutions collectively owned 67.05% of Compass shares.
• Compass reported quarterly earnings of $0.07 per share, beating the $0.04 consensus estimate, while analysts’ average rating was “Moderate Buy” with a $13.07 consensus price target.

Penn Capital Management Company LLC reduced its stake in shares of Compass, Inc. (NYSE:COMP - Free Report) by 7.4% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,855,816 shares of the company's stock after selling 148,121 shares during the period. Penn Capital Management Company LLC owned about 0.24% of Compass worth $16,510,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Fund 1 Investments LLC purchased a new position in Compass in the second quarter valued at approximately $2,837,000. Readystate Asset Management LP purchased a new stake in Compass in the second quarter worth $20,237,000. Irenic Capital Management LP bought a new stake in shares of Compass in the second quarter valued at $22,156,000. Steamboat Capital Partners LLC bought a new stake in shares of Compass in the second quarter valued at $17,069,000. Finally, Squarepoint Ops LLC purchased a new position in shares of Compass during the 2nd quarter valued at $10,232,000. 67.05% of the stock is owned by institutional investors.

Trending Headlines about Compass

Here are the key news stories impacting Compass this week:

• Neutral Sentiment: Compass says MLS data is being “weaponized,” but industry experts argue the issue is more complicated. The debate around recruiting data and MLS rules could create uncertainty, though the report does not identify a specific financial impact. Article: Compass says MLS data is being weaponized
• Negative Sentiment: Several law firms publicized securities class actions involving Compass. Claims include alleged omissions or misstatements in materials for Compass’s January 2026 acquisition of Anywhere Real Estate, including allegations concerning antitrust compliance and DOJ review. The suits could add legal costs and investor uncertainty; eligible investors have been given lead-plaintiff deadlines in early December. These are allegations, not proven misconduct. Article: Compass securities class action announcement Article: Class action filed alleging investor harm
• Negative Sentiment: BTIG Research, Wells Fargo and Barclays each cut their price targets for Compass, signaling reduced analyst expectations. The reports provided do not specify the revised targets or rationales. Article: BTIG cuts Compass price target Article: Wells Fargo cuts Compass price target Article: Barclays cuts Compass price target

Analysts Set New Price Targets

Several research firms have recently weighed in on COMP. Wells Fargo & Company cut their price target on Compass from $10.00 to $9.00 and set an "equal weight" rating for the company in a research note on Friday. Oppenheimer boosted their price objective on Compass from $15.00 to $18.00 and gave the company an "outperform" rating in a research note on Wednesday, August 5th. BTIG Research dropped their price objective on shares of Compass from $15.00 to $13.00 and set a "buy" rating on the stock in a report on Friday. JPMorgan Chase & Co. cut their target price on shares of Compass from $15.00 to $13.00 and set an "overweight" rating for the company in a research report on Friday, October 30th. Finally, UBS Group cut their target price on shares of Compass from $17.00 to $15.00 and set a "buy" rating for the company in a research report on Wednesday, October 28th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Compass currently has an average rating of "Moderate Buy" and a consensus price target of $13.07.

Compass Stock Up 5.1%

Shares of NYSE:COMP opened at $10.73 on Tuesday. The firm has a fifty day moving average price of $9.73 and a two-hundred day moving average price of $9.88. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.06 and a quick ratio of 1.06. Compass, Inc. has a one year low of $6.37 and a one year high of $13.95. The company has a market cap of $8.13 billion, a price-to-earnings ratio of 76.67 and a beta of 2.39.

Compass (NYSE:COMP - Get Free Report) last released its quarterly earnings results on Thursday, November 5th. The company reported $0.07 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.03. Compass had a net margin of 0.63% and a return on equity of 3.62%. The firm had revenue of $3.90 billion for the quarter, compared to analysts' expectations of $3.90 billion. Analysts anticipate that Compass, Inc. will post 0.16 EPS for the current fiscal year.

About Compass

Compass, Inc is a technology-enabled residential real estate brokerage that helps clients buy and sell homes through a network of real estate agents. The company combines traditional brokerage services with digital tools designed to support agents and their clients throughout a transaction.

Its platform includes tools for managing client relationships, marketing property listings, coordinating transactions and accessing real estate data. Compass also provides agents with services and technology intended to help them build their businesses and serve buyers and sellers.

Founded in 2012, Compass is headquartered in New York City and operates in real estate markets across the United States.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.