CompoSecure, Inc. (NASDAQ:CMPO) Major Shareholder Purchases $18,328.27 in Stock

CompoSecure, Inc. (NASDAQ:CMPO – Get Rating) major shareholder Lp Bleichroeder purchased 3,673 shares of CompoSecure stock in a transaction on Wednesday, July 27th. The shares were purchased at an average cost of $4.99 per share, with a total value of $18,328.27. Following the transaction, the insider now owns 2,370,662 shares in the company, valued at $11,829,603.38. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Lp Bleichroeder also recently made the following trade(s):

• On Monday, June 13th, Lp Bleichroeder purchased 10,000 shares of CompoSecure stock. The shares were purchased at an average cost of $5.87 per share, with a total value of $58,700.00.
• On Friday, June 10th, Lp Bleichroeder purchased 674 shares of CompoSecure stock. The shares were purchased at an average cost of $6.00 per share, with a total value of $4,044.00.
• On Wednesday, May 11th, Lp Bleichroeder purchased 50,000 shares of CompoSecure stock. The shares were purchased at an average cost of $6.36 per share, with a total value of $318,000.00.
• On Friday, May 6th, Lp Bleichroeder acquired 28,043 shares of CompoSecure stock. The stock was bought at an average cost of $7.44 per share, with a total value of $208,639.92.
• On Wednesday, May 4th, Lp Bleichroeder acquired 47,719 shares of CompoSecure stock. The stock was bought at an average cost of $7.47 per share, with a total value of $356,460.93.
• On Monday, May 2nd, Lp Bleichroeder acquired 5,736 shares of CompoSecure stock. The stock was bought at an average cost of $7.48 per share, with a total value of $42,905.28.

CompoSecure Price Performance

NASDAQ CMPO opened at $5.46 on Monday. The stock has a 50 day moving average of $5.94 and a 200-day moving average of $6.86. CompoSecure, Inc. has a 12 month low of $4.72 and a 12 month high of $10.69.

CompoSecure (NASDAQ:CMPO – Get Rating) last announced its quarterly earnings results on Monday, May 9th. The company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.01). The business had revenue of $84.18 million during the quarter, compared to analyst estimates of $76.50 million. As a group, equities analysts expect that CompoSecure, Inc. will post 0.52 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, B. Riley increased their price objective on CompoSecure from $17.00 to $18.00 in a report on Tuesday, May 10th.

Institutional Investors Weigh In On CompoSecure

Several hedge funds have recently added to or reduced their stakes in CMPO. Royal Bank of Canada lifted its holdings in CompoSecure by 120.6% during the 1st quarter. Royal Bank of Canada now owns 4,854 shares of the company’s stock valued at $37,000 after purchasing an additional 2,654 shares during the last quarter. JPMorgan Chase & Co. acquired a new stake in CompoSecure during the 1st quarter valued at $38,000. Raymond James Financial Services Advisors Inc. bought a new position in CompoSecure during the 1st quarter worth $76,000. Qube Research & Technologies Ltd bought a new position in CompoSecure during the 1st quarter worth $89,000. Finally, Northern Trust Corp bought a new position in CompoSecure during the 1st quarter worth $132,000.

CompoSecure Company Profile

(Get Rating)

CompoSecure, Inc manufactures and designs metal, plastic, composite ID, 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 comprise the Arculus Key card Cold Storage hardware device and companion Arculus Wallet mobile App to keep the Private Key in the Arculus Key card highly secure and store cryptocurrency and digital assets.

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