Janus Henderson Group PLC Increases Stock Holdings in CompoSecure, Inc. (NASDAQ:CMPO)

Janus Henderson Group PLC grew its stake in CompoSecure, Inc. (NASDAQ:CMPO) by 1,135.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 218,426 shares of the company’s stock after buying an additional 200,744 shares during the quarter. Janus Henderson Group PLC owned 0.25% of CompoSecure worth $3,348,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in CMPO. Capital World Investors purchased a new position in shares of CompoSecure in the 4th quarter valued at about $27,387,000. Divisadero Street Capital Management LP purchased a new position in shares of CompoSecure in the 4th quarter valued at about $16,075,000. Nine Ten Capital Management LLC purchased a new position in shares of CompoSecure in the 4th quarter valued at about $13,925,000. Locust Wood Capital Advisers LLC boosted its stake in shares of CompoSecure by 19.1% in the 4th quarter. Locust Wood Capital Advisers LLC now owns 4,579,143 shares of the company’s stock valued at $70,198,000 after buying an additional 734,202 shares during the period. Finally, Zuckerman Investment Group LLC boosted its stake in shares of CompoSecure by 85.0% in the 4th quarter. Zuckerman Investment Group LLC now owns 1,525,207 shares of the company’s stock valued at $24,098,000 after buying an additional 700,858 shares during the period. Hedge funds and other institutional investors own 37.56% of the company’s stock.

Analysts Set New Price Targets

CMPO has been the subject of several recent research reports. Needham & Company LLC reiterated a “buy” rating and issued a $15.00 price objective on shares of CompoSecure in a research note on Tuesday, May 13th. Lake Street Capital decreased their target price on CompoSecure from $18.00 to $15.00 and set a “buy” rating for the company in a research note on Thursday, March 6th. Finally, JPMorgan Chase & Co. decreased their target price on CompoSecure from $16.00 to $15.00 and set a “neutral” rating for the company in a research note on Thursday, March 6th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $16.19.

Insiders Place Their Bets

In other news, Director Joseph J. Deangelo purchased 45,045 shares of the business’s stock in a transaction on Monday, March 17th. The shares were bought at an average price of $11.12 per share, with a total value 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 represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Adam Joseph Lowe sold 5,000 shares of CompoSecure stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $11.01, for a total value of $55,050.00. Following the transaction, the insider now directly owns 1,481,036 shares in the company, valued at approximately $16,306,206.36. This trade represents a 0.34% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 34,340 shares of company stock valued at $430,701 over the last quarter. Company insiders own 74.99% of the company’s stock.

CompoSecure Stock Down 3.3%

CMPO stock opened at $12.38 on Tuesday. The business has a 50 day moving average price of $11.03 and a 200 day moving average price of $13.69. The stock has a market cap of $1.27 billion, a price-to-earnings ratio of -28.14, a PEG ratio of 2.63 and a beta of 0.87. CompoSecure, Inc. has a fifty-two week low of $5.98 and a fifty-two week high of $17.71.

CompoSecure (NASDAQ:CMPO) last released its quarterly earnings results on Monday, May 12th. The company reported $0.25 EPS for the quarter, topping the consensus estimate of $0.19 by $0.06. The company had revenue of $103.90 million for the quarter, compared to analyst estimates of $103.22 million. CompoSecure had a negative return on equity of 14.87% and a negative net margin of 5.63%. As a group, sell-side analysts anticipate that CompoSecure, Inc. will post 1.02 EPS for the current year.

CompoSecure 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.