Insider Selling: CompoSecure, Inc. (NASDAQ:CMPO) Insider Sells 5,000 Shares of Stock

CompoSecure, Inc. (NASDAQ:CMPO) 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 transaction of $55,050.00. Following the completion of the transaction, the insider now directly owns 1,481,036 shares of the company’s stock, valued at approximately $16,306,206.36. This represents a 0.34 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Adam Joseph Lowe also recently made the following trade(s):

• On Wednesday, March 12th, Adam Joseph Lowe sold 18,818 shares of CompoSecure stock. The stock was sold at an average price of $10.97, for a total transaction of $206,433.46.

CompoSecure Stock Up 1.1 %

CompoSecure stock opened at $11.14 on Tuesday. CompoSecure, Inc. has a 12 month low of $5.69 and a 12 month high of $17.71. The stock has a market cap of $1.14 billion, a P/E ratio of -25.32, a P/E/G ratio of 2.63 and a beta of 0.77. The company’s fifty day simple moving average is $14.44 and its 200-day simple moving average is $14.57.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Tyro Capital Management LLC acquired a new position in CompoSecure in the third quarter worth approximately $27,978,000. Capital World Investors acquired a new stake in shares of CompoSecure in the 4th quarter valued at $27,387,000. Divisadero Street Capital Management LP bought a new stake in CompoSecure in the fourth quarter worth $16,075,000. Nine Ten Capital Management LLC acquired a new position in CompoSecure during the fourth quarter worth $13,925,000. Finally, Woodson Capital Management LP bought a new position in CompoSecure during the third quarter valued at about $10,795,000. 37.56% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. JPMorgan Chase & Co. cut their target price on CompoSecure from $16.00 to $15.00 and set a “neutral” rating on the stock in a research report on Thursday, March 6th. Lake Street Capital cut their price objective on CompoSecure from $18.00 to $15.00 and set a “buy” rating on the stock in a report on Thursday, March 6th. Needham & Company LLC decreased 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, March 6th. Finally, TD Cowen initiated coverage on shares of CompoSecure in a research report on Wednesday, December 18th. They issued a “buy” rating and a $20.00 target price on the stock. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $16.19.

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.