Woodson Capital Management LP Has $19.16 Million Position in CompoSecure, Inc. (NASDAQ:CMPO)

Woodson Capital Management LP boosted its stake in shares of CompoSecure, Inc. (NASDAQ:CMPO - Free Report) by 62.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,250,000 shares of the company's stock after purchasing an additional 480,000 shares during the period. CompoSecure accounts for about 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 filing with the SEC.

Several other large investors have also recently bought and sold shares of CMPO. Allspring Global Investments Holdings LLC bought a new position in shares of CompoSecure during the fourth quarter worth approximately $526,000. JPMorgan Chase & Co. boosted its holdings in shares of CompoSecure by 555.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 51,949 shares of the company's stock valued at $728,000 after acquiring an additional 44,018 shares in the last quarter. Truist Financial Corp boosted its holdings in shares of CompoSecure by 286.9% during the 4th quarter. Truist Financial Corp now owns 48,368 shares of the company's stock valued at $741,000 after acquiring an additional 35,868 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in shares of CompoSecure by 9.3% during 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. Finally, 12th Street Asset Management Company LLC bought a new position in CompoSecure during the 4th quarter worth $6,945,000. 37.56% of the stock is owned by institutional investors and hedge funds.

CompoSecure Stock Performance

NASDAQ CMPO opened at $12.38 on Tuesday. CompoSecure, Inc. has a fifty-two week low of $5.98 and a fifty-two week high of $17.71. The stock has a 50 day simple moving average of $11.03 and a two-hundred day simple moving average of $13.69. The stock has a market cap of $1.27 billion, a P/E ratio of -28.14, a price-to-earnings-growth ratio of 2.63 and a beta of 0.87.

CompoSecure (NASDAQ:CMPO - Get Free Report) last released its quarterly earnings data on Monday, May 12th. The company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.06. CompoSecure had a negative return on equity of 14.87% and a negative net margin of 5.63%. The business had revenue of $103.90 million during the quarter, compared to analysts' expectations of $103.22 million. Sell-side analysts predict that CompoSecure, Inc. will post 1.02 earnings per share for the current year.

Insiders Place Their Bets

In related news, CRO Amanda Mandy Gourbault sold 9,622 shares of the company's stock in a transaction on 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Resolute Compo Holdings Llc purchased 233,070 shares of CompoSecure stock in a transaction that occurred on Thursday, February 20th. The stock was purchased at an average cost of $16.57 per share, for a total transaction of $3,861,969.90. Following the completion of the purchase, the director now owns 879,963 shares of the company's stock, valued at $14,580,986.91. This trade represents a 36.03% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders sold 34,340 shares of company stock worth $430,701. 74.99% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. JPMorgan Chase & Co. lowered their target price on CompoSecure from $16.00 to $15.00 and set a "neutral" rating for the company in a research report on Thursday, March 6th. Lake Street Capital decreased 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 note 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. Based on data from MarketBeat.com, CompoSecure presently 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.

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