KP Management LLC Makes New $1.34 Million Investment in CompoSecure, Inc. (NASDAQ:CMPO)

KP Management LLC acquired a new stake in shares of CompoSecure, Inc. (NASDAQ:CMPO - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 87,695 shares of the company's stock, valued at approximately $1,344,000. KP Management LLC owned approximately 0.10% of CompoSecure at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Aquatic Capital Management LLC purchased a new position in CompoSecure during the fourth quarter valued at approximately $235,000. Price T Rowe Associates Inc. MD purchased a new position in shares of CompoSecure in the 4th quarter valued at $156,000. OneDigital Investment Advisors LLC bought a new position in shares of CompoSecure in the 4th quarter worth $697,000. Nine Ten Capital Management LLC purchased a new stake in shares of CompoSecure during the 4th quarter worth $13,925,000. Finally, Capital World Investors bought a new stake in CompoSecure during the fourth quarter valued at about $27,387,000. 37.56% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently weighed in on CMPO shares. Needham & Company LLC lowered their price target on shares of CompoSecure from $16.00 to $15.00 and set a "buy" rating on the stock in a report on Thursday, March 6th. JPMorgan Chase & Co. reduced their price target on CompoSecure from $16.00 to $15.00 and set a "neutral" rating on the stock in a research report on Thursday, March 6th. Finally, Lake Street Capital dropped their target price on CompoSecure from $18.00 to $15.00 and set a "buy" rating on the stock in a research note on Thursday, March 6th. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $16.19.

Insiders Place Their Bets

In related news, CRO Amanda Mandy Gourbault sold 9,622 shares of the stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $16.09, for a total transaction of $154,817.98. Following the sale, the executive now directly owns 821,782 shares of the company's stock, valued at approximately $13,222,472.38. This represents a 1.16 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Adam Joseph Lowe sold 18,818 shares of the company's stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of $10.97, for a total transaction of $206,433.46. Following the completion of the transaction, the insider now owns 1,486,036 shares of the company's stock, valued at approximately $16,301,814.92. This trade represents a 1.25 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have purchased 704,421 shares of company stock valued at $10,929,922 and have sold 34,340 shares valued at $430,701. 74.99% of the stock is owned by insiders.

CompoSecure Stock Up 2.0 %

Shares of NASDAQ:CMPO traded up $0.22 during midday trading on Friday, reaching $11.27. The company's stock had a trading volume of 358,100 shares, compared to its average volume of 829,502. The firm has a market capitalization of $1.15 billion, a PE ratio of -25.64, a P/E/G ratio of 2.63 and a beta of 0.87. The stock has a fifty day moving average of $11.20 and a 200 day moving average of $13.98. CompoSecure, Inc. has a twelve month low of $5.98 and a twelve month high of $17.71.

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.