Compass, Inc. (NYSE:COMP) General Counsel Sells $1,259,243.52 in Stock

Compass, Inc. (NYSE:COMP) General Counsel Bradley K. Serwin sold 137,472 shares of the stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $9.16, for a total value of $1,259,243.52. Following the transaction, the general counsel now directly owns 221,595 shares in the company, valued at approximately $2,029,810.20. This represents a 38.29 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Compass Price Performance

Shares of NYSE COMP traded down $0.78 during mid-day trading on Friday, hitting $9.01. The company had a trading volume of 9,978,797 shares, compared to its average volume of 6,567,926. The stock has a market cap of $4.60 billion, a price-to-earnings ratio of -29.05 and a beta of 2.95. Compass, Inc. has a 12 month low of $2.89 and a 12 month high of $10.25. The firm’s 50 day simple moving average is $6.76 and its two-hundred day simple moving average is $6.23.

Compass (NYSE:COMP) last announced its earnings results on Tuesday, February 18th. The company reported ($0.08) earnings per share for the quarter, beating the consensus estimate of ($0.10) by $0.02. The firm had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.38 billion. Compass had a negative return on equity of 39.72% and a negative net margin of 2.74%. During the same quarter in the previous year, the business earned ($0.09) EPS. Equities analysts forecast that Compass, Inc. will post 0.08 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have commented on COMP. Oppenheimer increased their target price on Compass from $12.00 to $13.00 and gave the stock an “outperform” rating in a report on Wednesday. Morgan Stanley increased their target price on Compass from $6.00 to $8.50 and gave the stock an “equal weight” rating in a report on Wednesday. Barclays increased their target price on Compass from $6.00 to $7.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 11th. The Goldman Sachs Group increased their target price on Compass from $8.00 to $9.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Needham & Company LLC raised their price target on Compass from $10.00 to $12.00 and gave the stock a “buy” rating in a report on Wednesday. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, Compass presently has an average rating of “Moderate Buy” and a consensus target price of $8.69.

Compass Company Profile

Compass, Inc provides real estate brokerage services in the United States. It operates a cloud-based platform that provides an integrated suite of software for customer relationship management, marketing, client service, operations, and other functionality in the real estate industry. The company offers mobile apps that allow agents to manage their business anytime and anywhere, as well as designs consumer-grade user interfaces, automated and simplified workflows for agent-client interactions, and insight-rich dashboards and reports.