CompoSecure, Inc. (NASDAQ:CMPO) Receives $16.81 Consensus Target Price from Analysts

Shares of CompoSecure, Inc. (NASDAQ:CMPO) have been given an average recommendation of “Moderate Buy” by the eight ratings firms that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $16.19.

A number of analysts have issued reports on the stock. TD Cowen assumed coverage on shares of CompoSecure in a research note on Wednesday, December 18th. They set a “buy” rating and a $20.00 price target on the stock. Benchmark restated a “buy” rating and set a $17.00 target price on shares of CompoSecure in a research note on Tuesday, November 12th. Lake Street Capital cut their target price on shares of CompoSecure from $18.00 to $15.00 and set a “buy” rating on the stock in a research note on Thursday. B. Riley upped their target price on shares of CompoSecure from $18.00 to $23.00 and gave the stock a “buy” rating in a research note on Monday, November 11th. Finally, JPMorgan Chase & Co. cut their target price on shares of CompoSecure from $16.00 to $15.00 and set a “neutral” rating on the stock in a research note on Thursday.

Insider Buying and Selling at CompoSecure

In other CompoSecure news, insider Adam Joseph Lowe sold 66,350 shares of the stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $15.91, for a total value of $1,055,628.50. Following the transaction, the insider now directly owns 1,358,692 shares in the company, valued at $21,616,789.72. This represents a 4.66 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Resolute Compo Holdings Llc purchased 221,186 shares of the company’s stock in a transaction on Wednesday, February 12th. The stock was bought at an average price of $15.01 per share, for a total transaction of $3,320,001.86. Following the completion of the purchase, the director now directly owns 221,186 shares of the company’s stock, valued at $3,320,001.86. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders have purchased 659,376 shares of company stock worth $10,429,021 and have sold 76,872 shares worth $1,224,846. 74.99% of the stock is currently owned by insiders.

Institutional Investors Weigh In On CompoSecure

Large investors have recently modified their holdings of the company. Tyro Capital Management LLC purchased a new position in CompoSecure in the 3rd quarter valued at $27,978,000. Capital World Investors purchased a new position in CompoSecure in the 4th quarter valued at $27,387,000. Divisadero Street Capital Management LP purchased a new position in CompoSecure in the 4th quarter valued at $16,075,000. Nine Ten Capital Management LLC purchased a new position in CompoSecure in the 4th quarter valued at $13,925,000. Finally, Woodson Capital Management LP purchased a new position in CompoSecure in the 3rd quarter valued at $10,795,000. 37.56% of the stock is owned by institutional investors and hedge funds.

CompoSecure Price Performance

Shares of NASDAQ:CMPO opened at $11.56 on Tuesday. The firm has a market capitalization of $1.02 billion, a PE ratio of -26.27, a price-to-earnings-growth ratio of 2.63 and a beta of 0.78. The firm’s 50-day moving average is $15.09 and its two-hundred day moving average is $14.56. CompoSecure has a 1 year low of $5.58 and a 1 year high of $17.71.

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.