Swiss National Bank Invests $747,000 in CompoSecure, Inc. (NASDAQ:CMPO)

Swiss National Bank acquired a new position in CompoSecure, Inc. (NASDAQ:CMPO) during the 4th quarter, according to its most recent filing with the SEC. The fund acquired 48,700 shares of the company’s stock, valued at approximately $747,000.

Other large investors have also recently added to or reduced their stakes in the company. Tyro Capital Management LLC acquired a new position in CompoSecure during the third quarter worth about $27,978,000. Concentric Capital Strategies LP purchased a new position in shares of CompoSecure during the 3rd quarter worth approximately $5,445,000. Progeny 3 Inc. acquired a new position in shares of CompoSecure during the 3rd quarter worth approximately $5,243,000. Otter Creek Advisors LLC purchased a new stake in CompoSecure in the 4th quarter valued at approximately $3,348,000. Finally, Atom Investors LP acquired a new stake in CompoSecure during the 3rd quarter valued at $2,807,000. 37.56% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on CMPO shares. TD Cowen began coverage on 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. dropped their price objective on CompoSecure from $16.00 to $15.00 and set a “neutral” rating for the company in a research report on Thursday, March 6th. Needham & Company LLC reduced their target price on shares of CompoSecure from $16.00 to $15.00 and set a “buy” rating on the stock in a report on Thursday, March 6th. Finally, Lake Street Capital decreased their price target on shares of CompoSecure from $18.00 to $15.00 and set a “buy” rating on the stock in a research note on Thursday, March 6th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, CompoSecure presently has a consensus rating of “Moderate Buy” and a consensus price target of $16.19.

Insider Activity

In other news, insider Adam Joseph Lowe sold 18,818 shares of the business’s stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $10.97, for a total transaction of $206,433.46. Following the completion of the sale, the insider now directly owns 1,486,036 shares of the company’s stock, valued at $16,301,814.92. The trade was a 1.25 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Joseph J. Deangelo bought 45,045 shares of the business’s stock in a transaction that occurred on Monday, March 17th. The stock was purchased at an average cost of $11.12 per share, for a total transaction of $500,900.40. Following the completion of the transaction, the director now directly owns 45,045 shares in the company, valued at approximately $500,900.40. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders purchased 704,421 shares of company stock valued at $10,929,922 and sold 34,340 shares valued at $430,701. Corporate insiders own 74.99% of the company’s stock.

CompoSecure Trading Down 3.1 %

CompoSecure stock opened at $10.94 on Friday. The stock has a fifty day moving average price of $13.88 and a 200 day moving average price of $14.52. CompoSecure, Inc. has a 52 week low of $5.98 and a 52 week high of $17.71. The firm has a market capitalization of $1.12 billion, a P/E ratio of -24.86, a PEG ratio of 2.63 and a beta of 0.77.

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.