Janus Henderson Group PLC Boosts Holdings in CompoSecure, Inc. (NASDAQ:CMPO)

Janus Henderson Group PLC raised its position in CompoSecure, Inc. (NASDAQ:CMPO - Free Report) by 1,135.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 218,426 shares of the company's stock after purchasing an additional 200,744 shares during the period. Janus Henderson Group PLC owned 0.25% of CompoSecure worth $3,348,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Allspring Global Investments Holdings LLC purchased a new stake in shares of CompoSecure in the 4th quarter valued at approximately $526,000. JPMorgan Chase & Co. increased its position in shares of CompoSecure by 555.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 51,949 shares of the company's stock valued at $728,000 after purchasing an additional 44,018 shares during the last quarter. Truist Financial Corp increased its position in shares of CompoSecure by 286.9% in the 4th quarter. Truist Financial Corp now owns 48,368 shares of the company's stock valued at $741,000 after purchasing an additional 35,868 shares during the last quarter. Principal Financial Group Inc. increased its position in shares of CompoSecure by 9.3% in the 4th quarter. Principal Financial Group Inc. now owns 11,399 shares of the company's stock valued at $175,000 after purchasing an additional 967 shares during the last quarter. Finally, 12th Street Asset Management Company LLC purchased a new stake in shares of CompoSecure in the 4th quarter valued at approximately $6,945,000. 37.56% of the stock is owned by hedge funds and other institutional investors.

CompoSecure Stock Up 4.2%

NASDAQ:CMPO traded up $0.53 during trading hours on Friday, reaching $13.22. 1,806,077 shares of the company's stock were exchanged, compared to its average volume of 856,043. The firm has a market capitalization of $1.35 billion, a price-to-earnings ratio of -30.05, a P/E/G ratio of 2.63 and a beta of 0.87. The company has a 50-day moving average of $11.18 and a 200 day moving average of $13.61. CompoSecure, Inc. has a 1-year low of $5.98 and a 1-year high of $17.71.

CompoSecure (NASDAQ:CMPO - Get Free Report) last issued its quarterly earnings results on Monday, May 12th. The company reported $0.25 earnings per share for the quarter, topping analysts' consensus estimates of $0.19 by $0.06. The firm had revenue of $103.90 million during 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%. Research analysts forecast that CompoSecure, Inc. will post 1.02 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. 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. lowered their target price on shares of CompoSecure from $16.00 to $15.00 and set a "neutral" rating for the company in a report on Thursday, March 6th. Lake Street Capital lowered their target price 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, Wall Street Zen cut shares of CompoSecure from a "buy" rating to a "hold" rating in a report on Thursday. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $16.19.

Insiders Place Their Bets

In other news, Director Joseph J. Deangelo acquired 45,045 shares of the business's stock in a transaction on Monday, March 17th. The stock was bought at an average price of $11.12 per share, for a total transaction of $500,900.40. Following the transaction, the director now owns 45,045 shares in the company, valued at $500,900.40. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CRO Amanda Mandy Gourbault sold 9,622 shares of the company's stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $16.09, for a total transaction of $154,817.98. Following the transaction, the executive now owns 821,782 shares of the company's stock, valued at approximately $13,222,472.38. The trade was a 1.16% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 34,340 shares of company stock worth $430,701. 74.99% of the stock is owned by 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.