Two Sigma Advisers LP Sells 202,500 Shares of CompoSecure, Inc. (NASDAQ:CMPO)

Two Sigma Advisers LP cut its position in CompoSecure, Inc. (NASDAQ:CMPO - Free Report) by 33.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 404,900 shares of the company's stock after selling 202,500 shares during the quarter. Two Sigma Advisers LP owned 0.46% of CompoSecure worth $6,207,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Tidal Investments LLC grew its stake in CompoSecure by 4.3% in the fourth quarter. Tidal Investments LLC now owns 1,604,360 shares of the company's stock worth $24,595,000 after purchasing an additional 66,880 shares in the last quarter. Tyro Capital Management LLC raised its stake 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 in the last quarter. Janus Henderson Group PLC lifted its holdings in CompoSecure by 1,135.3% during the 4th quarter. Janus Henderson Group PLC now owns 218,426 shares of the company's stock worth $3,348,000 after buying an additional 200,744 shares during the last quarter. Guardian Point Capital LP acquired a new position in shares of CompoSecure in the 4th quarter worth approximately $7,972,000. Finally, Gotham Asset Management LLC acquired a new position in shares of CompoSecure in the 4th quarter worth approximately $422,000. 37.56% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other CompoSecure news, insider Adam Joseph Lowe sold 5,000 shares of CompoSecure stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $11.01, for a total value of $55,050.00. Following the transaction, the insider now owns 1,481,036 shares of the company's stock, valued at approximately $16,306,206.36. The trade was a 0.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Joseph J. Deangelo purchased 45,045 shares of CompoSecure stock in a transaction dated Monday, March 17th. The stock was bought at an average price of $11.12 per share, with a total value of $500,900.40. Following the acquisition, 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. 74.99% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

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

CompoSecure Price Performance

Shares of NASDAQ CMPO traded down $0.04 during mid-day trading on Friday, hitting $13.56. The company had a trading volume of 144,879 shares, compared to its average volume of 861,384. The business's 50-day simple moving average is $11.35 and its 200-day simple moving average is $13.60. CompoSecure, Inc. has a 12 month low of $5.98 and a 12 month high of $17.71. The firm has a market cap of $1.39 billion, a P/E ratio of -30.93, a PEG ratio of 2.63 and a beta of 0.87.

CompoSecure (NASDAQ:CMPO - Get Free Report) last announced its quarterly earnings results on Monday, May 12th. The company reported $0.25 EPS for the quarter, topping 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 during the quarter, compared to analysts' expectations of $103.22 million. As a group, sell-side analysts predict that CompoSecure, Inc. will post 1.02 EPS for the current 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.