Zuckerman Investment Group LLC Has $16.84 Million Stake in CompoSecure, Inc. $CMPO

Key Points

• Zuckerman Investment Group LLC increased its stake in CompoSecure, Inc. by 1.6%, holding over 1.5 million shares valued at approximately $16.8 million.
• Institutional investors own about 37.56% of CompoSecure's stock, with several hedge funds significantly increasing their holdings in the 1st quarter.
• CompoSecure's average rating is currently "Moderate Buy" with an average target price of $17.67, despite varying ratings from different analysts.

Zuckerman Investment Group LLC lifted its stake in CompoSecure, Inc. (NASDAQ:CMPO - Free Report) by 1.6% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,549,632 shares of the company's stock after acquiring an additional 24,425 shares during the period. CompoSecure accounts for about 1.8% of Zuckerman Investment Group LLC's investment portfolio, making the stock its 22nd largest position. Zuckerman Investment Group LLC owned approximately 1.51% of CompoSecure worth $16,844,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of CompoSecure by 11.2% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 11,339 shares of the company's stock valued at $123,000 after acquiring an additional 1,138 shares in the last quarter. Pacific Ridge Capital Partners LLC raised its stake in shares of CompoSecure by 2.6% in the 1st quarter. Pacific Ridge Capital Partners LLC now owns 57,015 shares of the company's stock valued at $620,000 after acquiring an additional 1,440 shares in the last quarter. Delta Financial Group Inc. raised its stake in shares of CompoSecure by 11.6% in the 1st quarter. Delta Financial Group Inc. now owns 14,400 shares of the company's stock valued at $166,000 after acquiring an additional 1,500 shares in the last quarter. OneDigital Investment Advisors LLC raised its stake in shares of CompoSecure by 4.6% in the 1st quarter. OneDigital Investment Advisors LLC now owns 47,566 shares of the company's stock valued at $517,000 after acquiring an additional 2,109 shares in the last quarter. Finally, First Trust Advisors LP raised its stake in shares of 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. 37.56% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. B. Riley reissued a "buy" rating and issued a $23.00 price objective (up from $17.00) on shares of CompoSecure in a research note on Monday, August 18th. Needham & Company LLC reaffirmed a "buy" rating and issued a $15.00 price target on shares of CompoSecure in a research report on Tuesday, May 13th. JPMorgan Chase & Co. reaffirmed an "underweight" rating and issued a $16.00 price target on shares of CompoSecure in a research report on Wednesday, August 20th. Benchmark lifted their price target on CompoSecure from $14.00 to $17.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. Finally, Wall Street Zen downgraded CompoSecure from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. Five analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $17.67.

CompoSecure Stock Performance

Shares of NASDAQ:CMPO traded down $0.63 during trading on Friday, hitting $19.12. 874,733 shares of the stock were exchanged, compared to its average volume of 1,216,976. CompoSecure, Inc. has a 1-year low of $9.24 and a 1-year high of $20.14. The company has a market capitalization of $1.96 billion, a price-to-earnings ratio of -11.38 and a beta of 0.94. The company's fifty day simple moving average is $15.89 and its 200-day simple moving average is $13.57.

Insider Activity at CompoSecure

In related news, CFO Timothy Walter Fitzsimmons sold 100,000 shares of the business's stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $18.74, for a total value of $1,874,000.00. Following the sale, the chief financial officer owned 759,789 shares of the company's stock, valued at $14,238,445.86. The trade was a 11.63% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Kevin M. Moriarty acquired 13,000 shares of the business's stock in a transaction on Wednesday, August 13th. The stock was acquired at an average price of $19.28 per share, with a total value of $250,640.00. Following the transaction, the director owned 13,000 shares in the company, valued at approximately $250,640. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders have sold a total of 217,125 shares of company stock valued at $4,139,550 in the last 90 days. 52.10% of the stock is owned by corporate insiders.

CompoSecure 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.