Universal Beteiligungs und Servicegesellschaft mbH Purchases Shares of 116,000 CompoSecure, Inc. (NASDAQ:CMPO)

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH acquired 116,000 shares of CompoSecure, Inc., representing a new investment valued at approximately $1.26 million, thereby owning about 0.11% of the company.
• CompoSecure has seen significant activity from institutional investors, with notable increases in ownership percentages from firms like Vanguard Group Inc. (33.7% increase) and JPMorgan Chase & Co. (617.5% increase) during the fourth quarter.
• The company recently reported earnings of $0.25 per share, exceeding analyst estimates, and has a current average price target of $16.19 according to MarketBeat.

Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in CompoSecure, Inc. (NASDAQ:CMPO - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 116,000 shares of the company's stock, valued at approximately $1,261,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.11% of CompoSecure as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC boosted its holdings in CompoSecure by 1,524.4% in the first quarter. GAMMA Investing LLC now owns 2,794 shares of the company's stock valued at $30,000 after purchasing an additional 2,622 shares during the last quarter. MorganRosel Wealth Management LLC purchased a new position in CompoSecure in the first quarter valued at about $43,000. KLP Kapitalforvaltning AS purchased a new position in CompoSecure in the fourth quarter valued at about $75,000. Summit Trail Advisors LLC purchased a new position in CompoSecure in the first quarter valued at about $129,000. Finally, Price T Rowe Associates Inc. MD purchased a new position in CompoSecure in the fourth quarter valued at about $156,000. Hedge funds and other institutional investors own 37.56% of the company's stock.

CompoSecure Price Performance

NASDAQ CMPO remained flat at $14.15 on Tuesday. The company's stock had a trading volume of 293,298 shares, compared to its average volume of 909,247. The company has a fifty day moving average price of $14.18 and a 200-day moving average price of $13.18. The stock has a market capitalization of $1.45 billion, a P/E ratio of -12.87 and a beta of 0.94. CompoSecure, Inc. has a 12-month low of $7.44 and a 12-month high of $17.71.

CompoSecure (NASDAQ:CMPO - Get Free Report) last announced its quarterly earnings results on Monday, May 12th. The company reported $0.25 earnings per share for the quarter, topping analysts' consensus estimates 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 return on equity of 33.46% and a negative net margin of 15.36%. Research analysts expect that CompoSecure, Inc. will post 1.02 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages recently commented on CMPO. Wall Street Zen downgraded CompoSecure from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. Needham & Company LLC restated a "buy" rating and set a $15.00 price objective on shares of CompoSecure in a research note on Tuesday, May 13th. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $16.19.

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.