Compass Diversified (NYSE:CODI) Insider Acquires $109,350.00 in Stock

Compass Diversified (NYSE:CODI) insider Patrick A. Maciariello bought 5,000 shares of the company’s stock in a transaction dated Friday, September 20th. The shares were purchased at an average price of $21.87 per share, with a total value of $109,350.00. Following the completion of the acquisition, the insider now owns 228,518 shares of the company’s stock, valued at approximately $4,997,688.66. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Compass Diversified Trading Up 0.7 %

Shares of Compass Diversified stock traded up $0.16 during trading on Monday, reaching $21.75. 309,895 shares of the stock were exchanged, compared to its average volume of 209,099. The company has a quick ratio of 1.65, a current ratio of 4.18 and a debt-to-equity ratio of 1.48. The stock’s fifty day moving average is $21.77 and its 200 day moving average is $22.36. The firm has a market cap of $1.64 billion, a price-to-earnings ratio of 127.76, a price-to-earnings-growth ratio of 1.34 and a beta of 1.68. Compass Diversified has a 1 year low of $16.88 and a 1 year high of $25.07.

Compass Diversified (NYSE:CODI) last issued its quarterly earnings data on Wednesday, July 31st. The financial services provider reported $0.83 EPS for the quarter, topping the consensus estimate of $0.44 by $0.39. Compass Diversified had a net margin of 4.82% and a return on equity of 11.94%. The business had revenue of $542.60 million during the quarter, compared to analyst estimates of $550.45 million. As a group, equities research analysts expect that Compass Diversified will post 1.9 earnings per share for the current fiscal year.

Compass Diversified Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 25th. Shareholders of record on Thursday, July 18th were issued a $0.25 dividend. The ex-dividend date was Thursday, July 18th. This represents a $1.00 annualized dividend and a yield of 4.60%. Compass Diversified’s dividend payout ratio (DPR) is presently 588.24%.

Institutional Trading of Compass Diversified

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Mather Group LLC. purchased a new position in shares of Compass Diversified during the first quarter valued at approximately $30,000. HHM Wealth Advisors LLC purchased a new position in shares of Compass Diversified during the second quarter valued at approximately $33,000. Future Financial Wealth Managment LLC purchased a new position in shares of Compass Diversified during the first quarter valued at approximately $48,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Compass Diversified during the second quarter valued at approximately $53,000. Finally, Ridgewood Investments LLC purchased a new position in shares of Compass Diversified during the second quarter valued at approximately $55,000. 72.73% of the stock is currently owned by hedge funds and other institutional investors.

Compass Diversified Company Profile

Compass Diversified is a private equity firm specializing in add on acquisitions, buyouts, industry consolidation, recapitalization, late stage and middle market investments. It seeks to invest in niche industrial or branded consumer companies, manufacturing, distribution, consumer products, business services sector, healthcare, safety & security, electronic components, food and foodservice.