Mariner LLC Buys 28,886 Shares of CompoSecure, Inc. (NASDAQ:CMPO)

Mariner LLC grew its position in CompoSecure, Inc. (NASDAQ:CMPO - Free Report) by 95.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 59,086 shares of the company's stock after purchasing an additional 28,886 shares during the period. Mariner LLC owned approximately 0.07% of CompoSecure worth $906,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. KLP Kapitalforvaltning AS acquired a new stake in CompoSecure in the 4th quarter valued at $75,000. Wolverine Asset Management LLC increased its position in shares of CompoSecure by 76.3% in the fourth quarter. Wolverine Asset Management LLC now owns 9,335 shares of the company's stock valued at $143,000 after acquiring an additional 4,039 shares during the last quarter. Principal Financial Group Inc. bought a new stake in CompoSecure during the third quarter worth about $146,000. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in CompoSecure by 33.3% during the fourth 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 position in CompoSecure in the fourth quarter valued at approximately $162,000. 37.56% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at CompoSecure

In other CompoSecure news, CRO Amanda Mandy Gourbault sold 9,622 shares of the stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $16.09, for a total transaction of $154,817.98. Following the transaction, the executive now owns 821,782 shares in the company, valued at $13,222,472.38. This trade represents a 1.16 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Adam Joseph Lowe sold 5,000 shares of CompoSecure stock in a transaction on Monday, March 17th. The stock was sold at an average price of $11.01, for a total value of $55,050.00. Following the sale, the insider now directly owns 1,481,036 shares of the company's stock, valued at $16,306,206.36. This represents a 0.34 % 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. Insiders own 74.99% of the company's stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on CMPO. JPMorgan Chase & Co. decreased their target price on shares of CompoSecure from $16.00 to $15.00 and set a "neutral" rating for the company in a research note on Thursday, March 6th. Lake Street Capital decreased their price objective on shares of 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 dropped their target price 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. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $16.19.

CompoSecure Stock Up 2.3 %

Shares of NASDAQ CMPO traded up $0.25 during mid-day trading on Friday, reaching $11.30. 602,376 shares of the company were exchanged, compared to its average volume of 835,538. The stock has a market capitalization of $1.16 billion, a P/E ratio of -25.68, a P/E/G ratio of 2.63 and a beta of 0.87. The company's 50-day simple moving average is $11.12 and its 200-day simple moving average is $13.95. CompoSecure, Inc. has a twelve month low of $5.98 and a twelve month high of $17.71.

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.