Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin Sells 245,856 Shares of Stock

Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin sold 245,856 shares of Compass stock in a transaction dated Thursday, November 14th. The shares were sold at an average price of $6.92, for a total value of $1,701,323.52. Following the transaction, the chief executive officer now owns 1,149,746 shares of the company’s stock, valued at $7,956,242.32. This trade represents a 17.62 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Robert L. Reffkin also recently made the following trade(s):

• On Friday, August 23rd, Robert L. Reffkin sold 814,302 shares of Compass stock. The shares were sold at an average price of $4.91, for a total value of $3,998,222.82.

Compass Stock Down 2.1 %

Shares of COMP stock opened at $6.19 on Tuesday. Compass, Inc. has a 12-month low of $1.99 and a 12-month high of $7.01. The company has a 50 day moving average of $6.13 and a 200-day moving average of $4.87. The firm has a market cap of $3.16 billion, a P/E ratio of -15.46 and a beta of 2.91.

Analyst Ratings Changes

COMP has been the topic of several recent analyst reports. UBS Group raised their price objective on Compass from $4.40 to $6.50 and gave the company a “neutral” rating in a research note on Tuesday, October 22nd. Barclays raised their price target on shares of Compass from $5.00 to $6.00 and gave the company an “equal weight” rating in a research report on Thursday, October 31st. The Goldman Sachs Group upped their price objective on shares of Compass from $4.00 to $4.50 and gave the stock a “buy” rating in a research report on Thursday, August 1st. Oppenheimer reissued an “outperform” rating and set a $8.50 target price (up previously from $8.00) on shares of Compass in a research report on Friday, November 1st. Finally, Needham & Company LLC upped their target price on Compass from $6.00 to $8.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, Compass currently has a consensus rating of “Moderate Buy” and an average price target of $5.53.

Compass Company Profile

Compass, Inc provides real estate brokerage services in the United States. It operates a cloud-based platform that provides an integrated suite of software for customer relationship management, marketing, client service, operations, and other functionality in the real estate industry. The company offers mobile apps that allow agents to manage their business anytime and anywhere, as well as designs consumer-grade user interfaces, automated and simplified workflows for agent-client interactions, and insight-rich dashboards and reports.