CompoSecure, Inc. (NASDAQ:CMPO – Get Rating) major shareholder Donald G. Basile sold 149,880 shares of the business’s stock in a transaction dated Thursday, January 19th. The stock was sold at an average price of $5.62, for a total transaction of $842,325.60. Following the sale, the insider now directly owns 2,131,935 shares in the company, valued at $11,981,474.70. The sale was disclosed in a legal filing with the SEC, which is available through this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
CompoSecure Trading Up 1.4 %
Shares of CompoSecure stock opened at $5.81 on Friday. The company has a 50 day moving average of $4.91 and a 200-day moving average of $5.30. CompoSecure, Inc. has a 1-year low of $4.26 and a 1-year high of $9.09. The company has a market cap of $443.57 million, a PE ratio of 2.63 and a beta of 0.66.
CompoSecure (NASDAQ:CMPO – Get Rating) last issued its quarterly earnings results on Wednesday, November 2nd. The company reported $0.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.04. The company had revenue of $103.31 million during the quarter, compared to the consensus estimate of $98.39 million. CompoSecure had a net margin of 10.97% and a negative return on equity of 3.01%. Research analysts forecast that CompoSecure, Inc. will post 0.97 earnings per share for the current year.
Hedge Funds Weigh In On CompoSecure
Analyst Ratings Changes
Several research firms have recently weighed in on CMPO. JPMorgan Chase & Co. began coverage on shares of CompoSecure in a research note on Tuesday, October 11th. They set an “overweight” rating and a $10.00 price objective on the stock. BTIG Research began coverage on shares of CompoSecure in a research note on Tuesday, December 13th. They issued a “buy” rating and a $9.00 price target on the stock.
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.
- Get a free copy of the StockNews.com research report on CompoSecure (CMPO)
- MarketBeat Week in Review – 1/16 – 1/20
- Does Old Dominion Show That Trucking Is Hitting The Brakes?
- Nordstrom Puts Fear Of Markdowns Into Retail Sector
- Exxon Mobil Stock: Within Striking Distance Of Buy Point
- High-Dividend-Yielding BHP Sees China Driving ’23 Growth
Receive News & Ratings for CompoSecure Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CompoSecure and related companies with MarketBeat.com's FREE daily email newsletter.