Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin Sells 141,061 Shares of Stock

Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin sold 141,061 shares of the firm’s stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $6.27, for a total transaction of $884,452.47. Following the completion of the sale, the chief executive officer now directly owns 2,000,000 shares of the company’s stock, valued at approximately $12,540,000. This represents a 6.59 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Compass Trading Up 0.2 %

NYSE:COMP opened at $6.75 on Friday. The firm has a market capitalization of $3.44 billion, a price-to-earnings ratio of -16.86 and a beta of 2.92. Compass, Inc. has a 1-year low of $2.89 and a 1-year high of $7.69. The business’s 50-day moving average price is $6.43 and its two-hundred day moving average price is $5.66.

Analyst Ratings Changes

A number of brokerages have commented on COMP. The Goldman Sachs Group increased their price objective on Compass from $7.00 to $8.00 and gave the company a “buy” rating in a research report on Tuesday, December 3rd. Oppenheimer raised their price target on Compass from $8.50 to $9.50 and gave the company an “outperform” rating in a report on Tuesday, December 3rd. Barclays boosted their price objective on Compass from $6.00 to $7.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 11th. Needham & Company LLC restated a “buy” rating and set a $10.00 target price on shares of Compass in a research report on Thursday. Finally, UBS Group lifted their price target on shares of Compass from $4.40 to $6.50 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $7.01.

About Compass

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.