Tyro Capital Management LLC Has $30.95 Million Holdings in CompoSecure, Inc. (NASDAQ:CMPO)

Tyro Capital Management LLC grew its stake in shares of CompoSecure, Inc. (NASDAQ:CMPO - Free Report) by 1.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,019,078 shares of the company's stock after acquiring an additional 23,468 shares during the period. CompoSecure accounts for 10.1% of Tyro Capital Management LLC's investment portfolio, making the stock its 3rd biggest holding. Tyro Capital Management LLC owned 2.29% of CompoSecure worth $30,952,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of CMPO. Janus Henderson Group PLC boosted 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 purchasing an additional 200,744 shares during the last quarter. Guardian Point Capital LP acquired a new stake in shares of CompoSecure during the 4th quarter valued at about $7,972,000. Gotham Asset Management LLC bought a new stake in CompoSecure in the fourth quarter worth approximately $422,000. Deutsche Bank AG increased its position in CompoSecure by 88.9% during the fourth quarter. Deutsche Bank AG now owns 21,379 shares of the company's stock worth $328,000 after buying an additional 10,062 shares during the last quarter. Finally, Divisadero Street Capital Management LP bought a new position in CompoSecure during the fourth quarter valued at about $16,075,000. 37.56% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at CompoSecure

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

CompoSecure Stock Performance

NASDAQ:CMPO remained flat at $12.69 during mid-day trading on Friday. 414,884 shares of the company's stock were exchanged, compared to its average volume of 844,872. The stock has a market capitalization of $1.30 billion, a PE ratio of -28.86, a PEG 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. The firm's 50 day moving average is $11.13 and its two-hundred day moving average is $13.65.

CompoSecure (NASDAQ:CMPO - Get Free Report) last released its quarterly earnings results on Monday, May 12th. The company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.19 by $0.06. The business had revenue of $103.90 million for 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%. On average, equities research analysts predict that CompoSecure, Inc. will post 1.02 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

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.