45,457 Shares in CompoSecure, Inc. (NASDAQ:CMPO) Acquired by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC purchased a new position in CompoSecure, Inc. (NASDAQ:CMPO - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 45,457 shares of the company's stock, valued at approximately $697,000. OneDigital Investment Advisors LLC owned 0.05% of CompoSecure as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. KLP Kapitalforvaltning AS purchased a new stake in shares of CompoSecure during the fourth quarter worth about $75,000. Wolverine Asset Management LLC raised its position in CompoSecure by 76.3% during the 4th quarter. Wolverine Asset Management LLC now owns 9,335 shares of the company's stock valued at $143,000 after purchasing an additional 4,039 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in CompoSecure by 33.3% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 10,201 shares of the company's stock worth $161,000 after buying an additional 2,547 shares during the period. Principal Financial Group Inc. bought a new stake in shares of CompoSecure in the 3rd quarter worth approximately $146,000. Finally, Clear Harbor Asset Management LLC purchased a new position in shares of CompoSecure during the fourth quarter valued at approximately $162,000. Hedge funds and other institutional investors own 37.56% of the company's stock.

CompoSecure Stock Performance

CompoSecure stock traded up $0.30 during mid-day trading on Friday, hitting $11.35. The company's stock had a trading volume of 282,743 shares, compared to its average volume of 829,207. The company has a 50 day moving average of $11.20 and a 200-day moving average of $13.98. CompoSecure, Inc. has a one year low of $5.98 and a one year high of $17.71. The stock has a market cap of $1.16 billion, a PE ratio of -25.80, a P/E/G ratio of 2.63 and a beta of 0.87.

Insider Activity

In other CompoSecure news, Director Joseph J. Deangelo bought 45,045 shares of the company's stock in a transaction that occurred on Monday, March 17th. The shares were purchased at an average cost of $11.12 per share, for a total transaction of $500,900.40. Following the purchase, the director now directly owns 45,045 shares in the company, valued at $500,900.40. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Resolute Compo Holdings Llc bought 221,186 shares of the stock in a transaction that occurred on Wednesday, February 12th. The stock was bought at an average price of $15.01 per share, with a total value of $3,320,001.86. Following the completion of the purchase, the director now directly owns 221,186 shares in the company, valued at $3,320,001.86. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders purchased 704,421 shares of company stock valued at $10,929,922 and sold 34,340 shares valued at $430,701. Insiders own 74.99% of the company's stock.

Analysts Set New Price Targets

Several research firms recently weighed in on CMPO. JPMorgan Chase & Co. dropped 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. Needham & Company LLC decreased their price target on CompoSecure from $16.00 to $15.00 and set a "buy" rating for the company in a research note on Thursday, March 6th. Finally, Lake Street Capital cut their target price 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. One analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the company 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.