Gotham Asset Management LLC Purchases Shares of 27,504 CompoSecure, Inc. (NASDAQ:CMPO)

Gotham Asset Management LLC purchased a new stake in shares of CompoSecure, Inc. (NASDAQ:CMPO - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 27,504 shares of the company's stock, valued at approximately $422,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Principal Financial Group Inc. grew its position in CompoSecure by 9.3% during the fourth quarter. Principal Financial Group Inc. now owns 11,399 shares of the company's stock valued at $175,000 after acquiring an additional 967 shares during the last quarter. First Trust Advisors LP grew its position in CompoSecure by 2.2% during the fourth quarter. First Trust Advisors LP now owns 100,124 shares of the company's stock valued at $1,535,000 after acquiring an additional 2,149 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of CompoSecure by 1.9% in the fourth quarter. Ameriprise Financial Inc. now owns 133,399 shares of the company's stock worth $2,045,000 after purchasing an additional 2,521 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of 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 purchasing an additional 2,547 shares during the last quarter. Finally, Rowlandmiller & PARTNERS.ADV grew its holdings in shares of CompoSecure by 25.4% in the fourth quarter. Rowlandmiller & PARTNERS.ADV now owns 13,325 shares of the company's stock worth $204,000 after purchasing an additional 2,700 shares during the last quarter. 37.56% of the stock is currently owned by institutional investors.

CompoSecure Stock Down 3.3%

NASDAQ:CMPO opened at $12.38 on Tuesday. The stock has a market cap of $1.27 billion, a P/E ratio of -28.14, a price-to-earnings-growth ratio of 2.63 and a beta of 0.87. The firm's fifty day simple moving average is $11.03 and its 200 day simple moving average is $13.69. CompoSecure, Inc. has a twelve month low of $5.98 and a twelve month high of $17.71.

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

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on CMPO shares. Needham & Company LLC restated a "buy" rating and issued a $15.00 target price on shares of CompoSecure in a report on Tuesday, May 13th. JPMorgan Chase & Co. cut their target price on shares of CompoSecure from $16.00 to $15.00 and set a "neutral" rating on the stock in a report on Thursday, March 6th. Finally, Lake Street Capital cut their target price on shares of CompoSecure from $18.00 to $15.00 and set a "buy" rating on the stock in a report 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. According to data from MarketBeat.com, CompoSecure has an average rating of "Moderate Buy" and a consensus target price of $16.19.

Insider Buying and Selling at CompoSecure

In other news, insider Adam Joseph Lowe sold 18,818 shares of CompoSecure stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of $10.97, for a total value of $206,433.46. Following the completion of the transaction, the insider now owns 1,486,036 shares of the company's stock, valued at $16,301,814.92. The trade was a 1.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CRO Amanda Mandy Gourbault sold 9,622 shares of CompoSecure stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $16.09, for a total value of $154,817.98. Following the completion of the transaction, the executive now directly owns 821,782 shares of the company's stock, valued at approximately $13,222,472.38. This represents a 1.16% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 34,340 shares of company stock valued at $430,701. 74.99% of the stock is currently owned by company insiders.

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.

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