Mariner LLC Has $906,000 Stock Holdings in CompoSecure, Inc. (NASDAQ:CMPO)

Mariner LLC lifted its stake in shares of CompoSecure, Inc. (NASDAQ:CMPO - Free Report) by 95.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 59,086 shares of the company's stock after buying an additional 28,886 shares during the quarter. Mariner LLC owned about 0.07% of CompoSecure worth $906,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in CMPO. KLP Kapitalforvaltning AS bought a new stake in shares of CompoSecure in the 4th quarter worth $75,000. Wolverine Asset Management LLC increased its position in CompoSecure by 76.3% in the fourth quarter. Wolverine Asset Management LLC now owns 9,335 shares of the company's stock worth $143,000 after purchasing an additional 4,039 shares during the last quarter. Principal Financial Group Inc. purchased a new stake in CompoSecure during the 3rd quarter valued at $146,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in CompoSecure by 33.3% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 10,201 shares of the company's stock valued at $161,000 after purchasing an additional 2,547 shares during the last quarter. Finally, Clear Harbor Asset Management LLC bought a new stake in shares of CompoSecure during the 4th quarter worth approximately $162,000. Institutional investors own 37.56% of the company's stock.

Insider Activity at CompoSecure

In other CompoSecure news, Director Resolute Compo Holdings Llc purchased 205,120 shares of the firm's stock in a transaction dated Friday, February 14th. The stock was bought at an average price of $15.83 per share, with a total value of $3,247,049.60. Following the completion of the purchase, the director now owns 646,893 shares in the company, valued at $10,240,316.19. This trade represents a 46.43 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Adam Joseph Lowe sold 18,818 shares of CompoSecure stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $10.97, for a total value of $206,433.46. Following the transaction, the insider now owns 1,486,036 shares in the company, valued at approximately $16,301,814.92. This trade represents a 1.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have bought 704,421 shares of company stock worth $10,929,922 and have sold 34,340 shares worth $430,701. 74.99% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

CMPO has been the topic of several research analyst reports. Lake Street Capital dropped their price objective on CompoSecure from $18.00 to $15.00 and set a "buy" rating on the stock in a research note on Thursday, March 6th. Needham & Company LLC reduced their target price on CompoSecure from $16.00 to $15.00 and set a "buy" rating on the stock in a research report on Thursday, March 6th. Finally, JPMorgan Chase & Co. cut their target price on CompoSecure from $16.00 to $15.00 and set a "neutral" rating on the stock in a research report on Thursday, March 6th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $16.19.

CompoSecure Price Performance

CompoSecure stock traded down $0.25 during mid-day trading on Wednesday, hitting $10.99. 537,636 shares of the company were exchanged, compared to its average volume of 829,902. CompoSecure, Inc. has a 12-month low of $5.98 and a 12-month high of $17.71. The business's 50 day simple moving average is $11.40 and its two-hundred day simple moving average is $14.03. The company has a market capitalization of $1.12 billion, a P/E ratio of -24.98, a PEG ratio of 2.63 and a beta of 0.87.

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.