Brokerages Set CompoSecure, Inc. (NASDAQ:CMPO) PT at $16.81

CompoSecure, Inc. (NASDAQ:CMPO) has been given a consensus rating of “Moderate Buy” by the eight analysts that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $16.19.

Several equities analysts have recently weighed in on CMPO shares. Needham & Company LLC cut their target price on shares of CompoSecure from $16.00 to $15.00 and set a “buy” rating for the company in a report on Thursday. TD Cowen assumed coverage on shares of CompoSecure in a report on Wednesday, December 18th. They issued a “buy” rating and a $20.00 price target for the company. JPMorgan Chase & Co. cut their price target on shares of CompoSecure from $16.00 to $15.00 and set a “neutral” rating for the company in a report on Thursday. B. Riley boosted their price target on shares of CompoSecure from $18.00 to $23.00 and gave the stock a “buy” rating in a report on Monday, November 11th. Finally, Benchmark reissued a “buy” rating and issued a $17.00 price target on shares of CompoSecure in a report on Tuesday, November 12th.

Insider Activity

In other news, insider Adam Joseph Lowe sold 66,350 shares of the business’s stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $15.91, for a total transaction of $1,055,628.50. Following the transaction, the insider now owns 1,358,692 shares of the company’s stock, valued at approximately $21,616,789.72. The trade was a 4.66 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CRO Amanda Mandy Gourbault sold 9,622 shares of the business’s stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $16.09, for a total transaction of $154,817.98. Following the transaction, the executive now directly owns 821,782 shares in the company, valued at approximately $13,222,472.38. The trade was a 1.16 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have bought 659,376 shares of company stock valued at $10,429,021 and have sold 76,872 shares valued at $1,224,846. Corporate insiders own 74.99% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Ashford Capital Management Inc. acquired a new position in CompoSecure in the fourth quarter valued at about $236,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in CompoSecure in the fourth quarter valued at about $177,000. Woodson Capital Management LP lifted its position in CompoSecure by 62.3% in the fourth quarter. Woodson Capital Management LP now owns 1,250,000 shares of the company’s stock valued at $19,162,000 after buying an additional 480,000 shares during the last quarter. Squarepoint Ops LLC lifted its position in CompoSecure by 29.7% in the fourth quarter. Squarepoint Ops LLC now owns 270,145 shares of the company’s stock valued at $4,141,000 after buying an additional 61,928 shares during the last quarter. Finally, Tidal Investments LLC lifted its position in CompoSecure by 4.3% in the fourth quarter. Tidal Investments LLC now owns 1,604,360 shares of the company’s stock valued at $24,595,000 after buying an additional 66,880 shares during the last quarter. Institutional investors and hedge funds own 37.56% of the company’s stock.

CompoSecure Price Performance

NASDAQ:CMPO opened at $11.56 on Tuesday. The firm has a market cap of $1.02 billion, a price-to-earnings ratio of -26.27, a price-to-earnings-growth ratio of 2.63 and a beta of 0.78. The company has a 50 day moving average price of $15.09 and a 200-day moving average price of $14.56. CompoSecure has a 1-year low of $5.58 and a 1-year 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.