Tidal Investments LLC Has $24.60 Million Stock Position in CompoSecure, Inc. (NASDAQ:CMPO)

Tidal Investments LLC boosted its holdings in shares of CompoSecure, Inc. (NASDAQ:CMPO - Free Report) by 4.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,604,360 shares of the company's stock after buying an additional 66,880 shares during the period. Tidal Investments LLC owned approximately 1.82% of CompoSecure worth $24,595,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the business. Tyro Capital Management LLC raised its position in CompoSecure by 1.2% during the fourth quarter. Tyro Capital Management LLC now owns 2,019,078 shares of the company's stock valued at $30,952,000 after buying an additional 23,468 shares during the period. Janus Henderson Group PLC raised its position in CompoSecure by 1,135.3% during the fourth quarter. Janus Henderson Group PLC now owns 218,426 shares of the company's stock valued at $3,348,000 after buying an additional 200,744 shares during the period. Guardian Point Capital LP acquired a new position in CompoSecure during the fourth quarter valued at $7,972,000. Gotham Asset Management LLC purchased a new position in CompoSecure in the fourth quarter valued at about $422,000. Finally, Deutsche Bank AG grew its stake in CompoSecure by 88.9% in the fourth quarter. Deutsche Bank AG now owns 21,379 shares of the company's stock valued at $328,000 after purchasing an additional 10,062 shares in the last quarter. 37.56% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at CompoSecure

In related news, insider Adam Joseph Lowe sold 18,818 shares of the stock in a transaction that occurred on Wednesday, March 12th. The stock was 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. This represents a 1.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Resolute Compo Holdings Llc bought 233,070 shares of the firm's stock in a transaction that occurred on Thursday, February 20th. The shares were acquired at an average price of $16.57 per share, with a total value of $3,861,969.90. Following the purchase, the director now owns 879,963 shares in the company, valued at $14,580,986.91. This trade represents a 36.03% increase in their ownership of the stock. The disclosure for this purchase 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 corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have commented on CMPO shares. Needham & Company LLC restated a "buy" rating and issued a $15.00 target price on shares of CompoSecure in a research note on Tuesday, May 13th. Lake Street Capital lowered their target price on CompoSecure from $18.00 to $15.00 and set a "buy" rating on the stock in a research note on Thursday, March 6th. Finally, JPMorgan Chase & Co. lowered their target price on CompoSecure from $16.00 to $15.00 and set a "neutral" rating on the stock in a research note on Thursday, March 6th. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $16.19.

CompoSecure Stock Performance

Shares of CMPO traded down $0.10 during trading hours on Wednesday, hitting $12.42. 641,107 shares of the company were exchanged, compared to its average volume of 844,793. The company has a market cap of $1.27 billion, a PE ratio of -28.23, a PEG ratio of 2.63 and a beta of 0.87. The firm's 50 day moving average is $11.07 and its 200-day moving average is $13.68. CompoSecure, Inc. has a 52 week low of $5.98 and a 52 week 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 (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.06. The company had revenue of $103.90 million during the quarter, compared to the consensus estimate of $103.22 million. CompoSecure had a negative return on equity of 14.87% and a negative net margin of 5.63%. As a group, equities analysts forecast that CompoSecure, Inc. will post 1.02 earnings per share for the current fiscal year.

CompoSecure 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.