CompoSecure, Inc. (NASDAQ:CMPO) Shares Acquired by Squarepoint Ops LLC

Squarepoint Ops LLC grew its position in shares of CompoSecure, Inc. (NASDAQ:CMPO - Free Report) by 29.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 270,145 shares of the company's stock after purchasing an additional 61,928 shares during the quarter. Squarepoint Ops LLC owned about 0.31% of CompoSecure worth $4,141,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Capital World Investors purchased a new position in shares of CompoSecure in the 4th quarter worth about $27,387,000. Divisadero Street Capital Management LP purchased a new position in shares of CompoSecure during the 4th quarter valued at about $16,075,000. Nine Ten Capital Management LLC bought a new stake in shares of CompoSecure in the 4th quarter worth approximately $13,925,000. Locust Wood Capital Advisers LLC boosted its position in CompoSecure by 19.1% during the fourth quarter. Locust Wood Capital Advisers LLC now owns 4,579,143 shares of the company's stock valued at $70,198,000 after buying an additional 734,202 shares during the period. Finally, Zuckerman Investment Group LLC increased its stake in CompoSecure by 85.0% in the 4th quarter. Zuckerman Investment Group LLC now owns 1,525,207 shares of the company's stock worth $24,098,000 after purchasing an additional 700,858 shares during the period. Institutional investors own 37.56% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on CMPO shares. JPMorgan Chase & Co. lowered their price objective on shares of CompoSecure from $16.00 to $15.00 and set a "neutral" rating for the company in a research note on Thursday, March 6th. Wall Street Zen cut CompoSecure from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. Needham & Company LLC reiterated a "buy" rating and issued a $15.00 price objective on shares of CompoSecure in a research note on Tuesday, May 13th. Finally, Lake Street Capital reduced their price objective on shares of CompoSecure from $18.00 to $15.00 and set a "buy" rating for the company in a research note on Thursday, March 6th. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $16.19.

CompoSecure Trading Up 1.3%

CMPO traded up $0.17 on Friday, reaching $13.77. The stock had a trading volume of 2,226,142 shares, compared to its average volume of 875,314. The business's 50-day moving average price is $11.39 and its two-hundred day moving average price is $13.60. The company has a market cap of $1.41 billion, a P/E ratio of -31.30, a price-to-earnings-growth ratio of 2.63 and a beta of 0.87. CompoSecure, Inc. has a 12-month low of $5.98 and a 12-month 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, beating analysts' consensus estimates of $0.19 by $0.06. CompoSecure had a negative net margin of 5.63% and a negative return on equity of 14.87%. The firm had revenue of $103.90 million for the quarter, compared to analyst estimates of $103.22 million. As a group, analysts predict that CompoSecure, Inc. will post 1.02 earnings per share for the current year.

Insider Transactions at CompoSecure

In other CompoSecure news, insider Adam Joseph Lowe sold 5,000 shares of the firm's stock in a transaction on Monday, March 17th. The stock was sold at an average price of $11.01, for a total value of $55,050.00. Following the completion of the sale, the insider now directly owns 1,481,036 shares of the company's stock, valued at $16,306,206.36. This trade represents a 0.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Joseph J. Deangelo bought 45,045 shares of CompoSecure stock in a transaction on Monday, March 17th. The stock was acquired at an average price of $11.12 per share, for a total transaction of $500,900.40. Following the transaction, the director now directly owns 45,045 shares of the company's stock, valued at approximately $500,900.40. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 52.10% of the company's stock.

About CompoSecure

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.