Tyro Capital Management LLC Acquires 23,468 Shares of CompoSecure, Inc. (NASDAQ:CMPO)

Tyro Capital Management LLC increased its position in CompoSecure, Inc. (NASDAQ:CMPO - Free Report) by 1.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,019,078 shares of the company's stock after acquiring an additional 23,468 shares during the period. CompoSecure makes up 10.1% of Tyro Capital Management LLC's portfolio, making the stock its 3rd biggest position. Tyro Capital Management LLC owned approximately 2.29% of CompoSecure worth $30,952,000 at the end of the most recent quarter.

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

Analysts Set New Price Targets

CMPO has been the subject of several recent analyst reports. JPMorgan Chase & Co. decreased their price objective on shares of CompoSecure from $16.00 to $15.00 and set a "neutral" rating for the company in a report on Thursday, March 6th. Lake Street Capital cut 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, Needham & Company LLC reiterated a "buy" rating and set a $15.00 price target on shares of CompoSecure in a research report on Tuesday, May 13th. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat.com, CompoSecure has a consensus rating of "Moderate Buy" and a consensus price target of $16.19.

Insider Transactions at CompoSecure

In other news, Director Resolute Compo Holdings Llc bought 233,070 shares of the firm's stock in a transaction on Thursday, February 20th. The stock was bought at an average cost of $16.57 per share, for a total transaction of $3,861,969.90. Following the completion of the acquisition, the director now directly owns 879,963 shares in the company, valued at $14,580,986.91. This represents a 36.03% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Joseph J. Deangelo purchased 45,045 shares of the business's stock in a transaction dated Monday, March 17th. The shares were purchased at an average price of $11.12 per share, for a total transaction of $500,900.40. Following the acquisition, the director now directly owns 45,045 shares of the company's stock, valued at $500,900.40. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold 34,340 shares of company stock valued at $430,701 over the last three months. Company insiders own 74.99% of the company's stock.

CompoSecure Trading Up 1.1%

CMPO stock traded up $0.14 on Tuesday, hitting $12.52. 493,060 shares of the company's stock traded hands, compared to its average volume of 843,043. The stock has a market cap of $1.28 billion, a price-to-earnings ratio of -28.45, a P/E/G ratio of 2.63 and a beta of 0.87. CompoSecure, Inc. has a 1-year low of $5.98 and a 1-year high of $17.71. The stock has a fifty day moving average of $11.07 and a 200-day moving average of $13.68.

CompoSecure (NASDAQ:CMPO - Get Free Report) last posted its quarterly earnings results on Monday, May 12th. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.06. The company had revenue of $103.90 million for the quarter, compared to analysts' expectations of $103.22 million. CompoSecure had a negative return on equity of 14.87% and a negative net margin of 5.63%. On average, equities research analysts anticipate that CompoSecure, Inc. will post 1.02 earnings per share for the current fiscal year.

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.