Atria Investments Inc Invests $546,000 in CompoSecure, Inc. (NASDAQ:CMPO)

Atria Investments Inc bought a new position in CompoSecure, Inc. (NASDAQ:CMPO) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 35,612 shares of the company’s stock, valued at approximately $546,000.

Other institutional investors have also made changes to their positions in the company. FMR LLC grew its position in CompoSecure by 693.0% during the third quarter. FMR LLC now owns 5,900 shares of the company’s stock valued at $83,000 after purchasing an additional 5,156 shares in the last quarter. Harvest Fund Management Co. Ltd purchased a new position in CompoSecure during the third quarter valued at approximately $140,000. Wolverine Asset Management LLC lifted its stake in 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. acquired a new stake in CompoSecure in the third quarter valued at approximately $146,000. Finally, Centiva Capital LP acquired a new stake in CompoSecure in the third quarter valued at approximately $151,000. 37.56% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at CompoSecure

In related news, Director Resolute Compo Holdings Llc bought 233,070 shares of the company’s stock in a transaction that occurred on Thursday, February 20th. The shares were acquired at an average price of $16.57 per share, with a total value of $3,861,969.90. Following the completion of the transaction, the director now owns 879,963 shares of the company’s stock, valued at $14,580,986.91. The trade was a 36.03 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CRO Amanda Mandy Gourbault sold 9,622 shares of the business’s 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 directly owns 821,782 shares in the company, valued at $13,222,472.38. This trade represents a 1.16 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders bought 659,376 shares of company stock worth $10,429,021 and sold 29,340 shares worth $375,651. 74.99% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms have issued reports on CMPO. Needham & Company LLC reduced their target price on shares of CompoSecure from $16.00 to $15.00 and set a “buy” rating for the company in a research note on Thursday, March 6th. JPMorgan Chase & Co. reduced 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 reduced their target price on shares of CompoSecure from $18.00 to $15.00 and set a “buy” rating for the company in a research note on Thursday, March 6th. Finally, TD Cowen started coverage on shares of CompoSecure in a research note on Wednesday, December 18th. They issued a “buy” rating and a $20.00 target price for the company. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, CompoSecure has a consensus rating of “Moderate Buy” and an average target price of $16.19.

CompoSecure Trading Up 6.1 %

Shares of CompoSecure stock opened at $11.02 on Friday. The firm has a fifty day simple moving average of $14.52 and a 200-day simple moving average of $14.55. CompoSecure, Inc. has a 1-year low of $5.69 and a 1-year high of $17.71. The stock has a market capitalization of $1.13 billion, a price-to-earnings ratio of -25.05, a PEG ratio of 2.63 and a beta of 0.77.

CompoSecure Company 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.