Bradley K. Serwin Sells 137,472 Shares of Compass, Inc. (NYSE:COMP) Stock

Compass, Inc. (NYSE:COMP) General Counsel Bradley K. Serwin sold 137,472 shares of the company’s stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $9.16, for a total transaction of $1,259,243.52. Following the completion of the sale, the general counsel now directly owns 221,595 shares in the company, valued at approximately $2,029,810.20. The trade was a 38.29 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.

Compass Stock Performance

Shares of COMP opened at $9.01 on Friday. Compass, Inc. has a 52 week low of $2.89 and a 52 week high of $10.25. The firm has a market cap of $4.60 billion, a P/E ratio of -29.05 and a beta of 2.95. The firm’s 50-day simple moving average is $6.80 and its 200 day simple moving average is $6.27.

Compass (NYSE:COMP) last announced its earnings results on Tuesday, February 18th. The company reported ($0.08) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.02. Compass had a negative net margin of 2.74% and a negative return on equity of 39.72%. The firm had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.38 billion. During the same quarter in the prior year, the business posted ($0.09) EPS. As a group, equities analysts forecast that Compass, Inc. will post 0.09 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on COMP shares. Barclays upped their target price on shares of Compass from $6.00 to $7.00 and gave the company an “equal weight” rating in a report on Wednesday, December 11th. The Goldman Sachs Group upped their target price on shares of Compass from $8.00 to $9.00 and gave the company a “buy” rating in a report on Wednesday. Morgan Stanley upped their target price on shares of Compass from $6.00 to $8.50 and gave the company an “equal weight” rating in a report on Wednesday. Oppenheimer upped their price target on shares of Compass from $12.00 to $13.00 and gave the company an “outperform” rating in a research note on Wednesday. Finally, Needham & Company LLC upped their price target on shares of Compass from $10.00 to $12.00 and gave the company a “buy” rating in a research note on Wednesday. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $8.69.

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.