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

Tidal Investments LLC grew its stake in shares of CompoSecure, Inc. (NASDAQ:CMPO - Free Report) by 4.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,604,360 shares of the company's stock after purchasing an additional 66,880 shares during the quarter. Tidal Investments LLC owned about 1.82% of CompoSecure worth $24,595,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Barclays PLC increased its stake in shares of CompoSecure by 474.6% during the 3rd quarter. Barclays PLC now owns 34,754 shares of the company's stock worth $488,000 after purchasing an additional 28,706 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in CompoSecure by 555.0% during the third quarter. JPMorgan Chase & Co. now owns 51,949 shares of the company's stock worth $728,000 after purchasing an additional 44,018 shares during the period. Ritholtz Wealth Management increased its position in CompoSecure by 14.2% during the fourth quarter. Ritholtz Wealth Management now owns 48,976 shares of the company's stock worth $751,000 after buying an additional 6,104 shares during the last quarter. Solidarity Wealth LLC bought a new stake in CompoSecure in the fourth quarter valued at approximately $2,152,000. Finally, Clear Harbor Asset Management LLC bought a new stake in CompoSecure in the fourth quarter valued at approximately $162,000. Institutional investors own 37.56% of the company's stock.

Wall Street Analyst Weigh In

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

CompoSecure Stock Up 0.5%

Shares of CMPO traded up $0.07 during midday trading on Friday, reaching $12.76. 499,667 shares of the stock were exchanged, compared to its average volume of 845,387. The stock's 50 day simple moving average is $11.13 and its 200 day simple moving average is $13.65. The company has a market cap of $1.31 billion, a P/E ratio of -28.86, a PEG ratio of 2.63 and a beta of 0.87. 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 issued its quarterly earnings data on Monday, May 12th. The company reported $0.25 earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $103.90 million during the quarter, compared to analysts' expectations of $103.22 million. As a group, analysts predict that CompoSecure, Inc. will post 1.02 earnings per share for the current year.

Insider Activity

In related news, Director Joseph J. Deangelo bought 45,045 shares of CompoSecure stock in a transaction dated Monday, March 17th. The shares were bought at an average cost of $11.12 per share, with a total value of $500,900.40. Following the acquisition, the director now owns 45,045 shares in the company, valued at $500,900.40. This trade represents a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider Adam Joseph Lowe sold 18,818 shares of the business's stock in a transaction dated Wednesday, March 12th. The shares were 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 directly owns 1,486,036 shares of the company's stock, valued at approximately $16,301,814.92. This trade represents a 1.25% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 34,340 shares of company stock worth $430,701. Corporate insiders own 74.99% 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.