27,504 Shares in CompoSecure, Inc. (NASDAQ:CMPO) Purchased by Gotham Asset Management LLC

Gotham Asset Management LLC purchased a new position in shares of CompoSecure, Inc. (NASDAQ:CMPO - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 27,504 shares of the company's stock, valued at approximately $422,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. KLP Kapitalforvaltning AS acquired a new position in shares of CompoSecure in the 4th quarter valued at $75,000. Wolverine Asset Management LLC boosted its stake in CompoSecure by 76.3% during 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 purchased a new position in CompoSecure during the 4th quarter worth $156,000. Mitsubishi UFJ Asset Management Co. Ltd. raised 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 worth $161,000 after buying an additional 2,547 shares during the last quarter. Finally, Clear Harbor Asset Management LLC purchased a new position in CompoSecure during the 4th quarter worth $162,000. Institutional investors and hedge funds own 37.56% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. Needham & Company LLC reiterated a "buy" rating and issued a $15.00 price target on shares of CompoSecure in a report on Tuesday, May 13th. Wall Street Zen downgraded shares of CompoSecure from a "buy" rating to a "hold" rating in a report on Thursday. Lake Street Capital lowered their price target on shares of CompoSecure from $18.00 to $15.00 and set a "buy" rating for the company in a report on Thursday, March 6th. 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. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, CompoSecure currently has an average rating of "Moderate Buy" and a consensus price target of $16.19.

CompoSecure Price Performance

CMPO stock traded up $0.53 during midday trading on Friday, reaching $13.22. 1,806,077 shares of the company's stock traded hands, compared to its average volume of 856,043. The company has a market capitalization of $1.35 billion, a P/E ratio of -30.05, a PEG ratio of 2.63 and a beta of 0.87. The business has a 50-day moving average price of $11.18 and a two-hundred day moving average price of $13.61. CompoSecure, Inc. has a fifty-two week low of $5.98 and a fifty-two week high of $17.71.

CompoSecure (NASDAQ:CMPO - Get Free Report) last posted 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 company had revenue of $103.90 million for the quarter, compared to analyst estimates of $103.22 million. CompoSecure had a negative net margin of 5.63% and a negative return on equity of 14.87%. As a group, research analysts forecast that CompoSecure, Inc. will post 1.02 earnings per share for the current fiscal year.

Insider Buying and Selling

In other CompoSecure news, insider Adam Joseph Lowe sold 18,818 shares of the business's stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $10.97, for a total transaction of $206,433.46. Following the completion of the sale, the insider now owns 1,486,036 shares in the company, valued at $16,301,814.92. The trade was a 1.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Joseph J. Deangelo bought 45,045 shares of the stock in a transaction on Monday, March 17th. The shares were acquired at an average price of $11.12 per share, with a total value of $500,900.40. Following the purchase, the director now owns 45,045 shares of the company's stock, valued at $500,900.40. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders sold 34,340 shares of company stock worth $430,701. Insiders own 74.99% of the company's stock.

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.