Scott R. Wahlers Sells 250,000 Shares of Compass, Inc. (NYSE:COMP) Stock

Compass, Inc. (NYSE:COMP) CAO Scott R. Wahlers sold 250,000 shares of the company’s stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $9.27, for a total value of $2,317,500.00. Following the completion of the transaction, the chief accounting officer now directly owns 329,187 shares of the company’s stock, valued at approximately $3,051,563.49. This trade represents a 43.16 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Compass Stock Performance

Shares of NYSE COMP opened at $9.01 on Friday. The business’s 50 day moving average price is $6.80 and its 200-day moving average price is $6.27. Compass, Inc. has a fifty-two week low of $2.89 and a fifty-two week high of $10.25. The company has a market cap of $4.60 billion, a price-to-earnings ratio of -29.05 and a beta of 2.95.

Compass (NYSE:COMP) last announced its quarterly earnings data on Tuesday, February 18th. The company reported ($0.08) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.10) by $0.02. Compass had a negative return on equity of 39.72% and a negative net margin of 2.74%. The company had revenue of $1.38 billion for the quarter, compared to analysts’ expectations of $1.38 billion. During the same quarter in the prior year, the firm earned ($0.09) earnings per share. Sell-side analysts predict that Compass, Inc. will post 0.09 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on COMP shares. Needham & Company LLC boosted their target price on Compass from $10.00 to $12.00 and gave the stock a “buy” rating in a research report on Wednesday. UBS Group boosted their target price on Compass from $11.00 to $12.00 and gave the stock a “buy” rating in a research report on Wednesday. Oppenheimer boosted their target price on Compass from $12.00 to $13.00 and gave the stock an “outperform” rating in a research report on Wednesday. Barclays upped their price objective on Compass from $6.00 to $7.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 11th. Finally, Morgan Stanley upped their price objective on Compass from $6.00 to $8.50 and gave the company an “equal weight” rating in a research report on Wednesday. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $8.69.

About Compass

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.