Woodson Capital Management LP Grows Stake in CompoSecure, Inc. (NASDAQ:CMPO)

Woodson Capital Management LP boosted its holdings in CompoSecure, Inc. (NASDAQ:CMPO - Free Report) by 62.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,250,000 shares of the company's stock after acquiring an additional 480,000 shares during the quarter. CompoSecure accounts for approximately 3.1% of Woodson Capital Management LP's investment portfolio, making the stock its 13th biggest holding. Woodson Capital Management LP owned 1.42% of CompoSecure worth $19,162,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Principal Financial Group Inc. lifted its position in CompoSecure by 9.3% in the 4th quarter. Principal Financial Group Inc. now owns 11,399 shares of the company's stock valued at $175,000 after acquiring an additional 967 shares in the last quarter. First Trust Advisors LP lifted its position in CompoSecure by 2.2% in the 4th quarter. First Trust Advisors LP now owns 100,124 shares of the company's stock valued at $1,535,000 after acquiring an additional 2,149 shares in the last quarter. Ameriprise Financial Inc. lifted its position in CompoSecure by 1.9% in the 4th quarter. Ameriprise Financial Inc. now owns 133,399 shares of the company's stock valued at $2,045,000 after acquiring an additional 2,521 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in CompoSecure by 33.3% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 10,201 shares of the company's stock valued at $161,000 after acquiring an additional 2,547 shares in the last quarter. Finally, Rowlandmiller & PARTNERS.ADV lifted its position in CompoSecure by 25.4% in the 4th quarter. Rowlandmiller & PARTNERS.ADV now owns 13,325 shares of the company's stock valued at $204,000 after acquiring an additional 2,700 shares in the last quarter. Institutional investors own 37.56% of the company's stock.

Insider Buying and Selling

In related 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 sale, 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 position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Joseph J. Deangelo purchased 45,045 shares of the stock in a transaction that occurred on Monday, March 17th. The stock was bought at an average cost of $11.12 per share, for a total transaction of $500,900.40. Following the acquisition, the director now directly owns 45,045 shares in the company, valued at $500,900.40. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders have sold 34,340 shares of company stock valued at $430,701. 74.99% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

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

CompoSecure Stock Performance

Shares of CompoSecure stock traded up $0.53 during mid-day trading on Friday, hitting $13.22. 1,806,077 shares of the stock were exchanged, compared to its average volume of 856,043. The company has a market capitalization of $1.35 billion, a P/E ratio of -30.05, a P/E/G ratio of 2.63 and a beta of 0.87. The company has a 50-day simple moving average of $11.18 and a 200 day simple moving average of $13.63. CompoSecure, Inc. has a 12 month low of $5.98 and a 12 month high of $17.71.

CompoSecure (NASDAQ:CMPO - Get Free Report) last posted 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. The company 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%. Analysts predict that CompoSecure, Inc. will post 1.02 EPS for the current year.

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.