Rep. Brad Knott Purchases Shares of CompoSecure, Inc. (NASDAQ:CMPO)

Representative Brad Knott (R-North Carolina) recently bought shares of CompoSecure, Inc. (NASDAQ:CMPO). In a filing disclosed on February 25th, the Representative disclosed that they had bought between $1,001 and $15,000 in CompoSecure stock on January 10th. The trade occurred in the Representative’s “CHARLES SCHWAB BROKERAGE ACCOUNT 1” account.

Representative Brad Knott also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of CompoSecure (NASDAQ:CMPO) on 1/14/2025.
• Sold $15,001 – $50,000 in shares of Oramed Pharmaceuticals (NASDAQ:ORMP) on 1/10/2025.

CompoSecure Stock Performance

CMPO opened at $15.80 on Thursday. The company has a 50-day moving average of $15.46 and a 200-day moving average of $14.51. The company has a market capitalization of $1.39 billion, a P/E ratio of -35.91, a PEG ratio of 2.63 and a beta of 0.78. CompoSecure, Inc. has a 1-year low of $4.61 and a 1-year high of $17.71.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Benchmark reissued a “buy” rating and issued a $17.00 target price on shares of CompoSecure in a research report on Tuesday, November 12th. TD Cowen assumed coverage on shares of CompoSecure in a research report on Wednesday, December 18th. They issued a “buy” rating and a $20.00 target price for the company. Needham & Company LLC reissued a “buy” rating and issued a $16.00 target price on shares of CompoSecure in a research report on Monday, November 11th. JPMorgan Chase & Co. boosted their target price on shares of CompoSecure from $12.00 to $16.00 and gave the stock a “neutral” rating in a research report on Monday, December 2nd. Finally, B. Riley lifted their price target on shares of CompoSecure from $18.00 to $23.00 and gave the company a “buy” rating in a report on Monday, November 11th. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $16.81.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of CMPO. Tyro Capital Management LLC acquired a new position in shares of CompoSecure in the 3rd quarter valued at about $27,978,000. Capital World Investors acquired a new position in CompoSecure during the 4th quarter valued at about $27,387,000. Divisadero Street Capital Management LP acquired a new position in CompoSecure during the 4th quarter valued at about $16,075,000. Nine Ten Capital Management LLC acquired a new position in CompoSecure during the 4th quarter valued at about $13,925,000. Finally, Woodson Capital Management LP acquired a new position in CompoSecure during the 3rd quarter valued at about $10,795,000. 37.56% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at CompoSecure

In other news, Director Resolute Compo Holdings Llc bought 233,070 shares of CompoSecure stock in a transaction on Thursday, February 20th. The stock was purchased at an average cost of $16.57 per share, with a total value of $3,861,969.90. Following the purchase, the director now directly owns 879,963 shares of the company’s stock, valued at approximately $14,580,986.91. This trade represents a 36.03 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Adam Joseph Lowe sold 66,350 shares of the company’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $15.91, for a total transaction of $1,055,628.50. Following the completion of the sale, the insider now directly owns 1,358,692 shares of the company’s stock, valued at approximately $21,616,789.72. This represents a 4.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders bought 659,376 shares of company stock valued at $10,429,021 and sold 156,337 shares valued at $2,525,818. 74.99% of the stock is currently owned by company insiders.

About Representative Knott

Brad Knott (Republican Party) is a member of the U.S. House, representing North Carolina’s 13th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Knott (Republican Party) ran for election to the U.S. House to represent North Carolina’s 13th Congressional District. He won in the general election on November 5, 2024.

Brad Knott grew up in Raleigh, North Carolina. He earned a J.D. from Wake Forest University. Knott’s career experience includes working as a federal prosecutor in the U.S. Attorney’s Office for Eastern North Carolina.

About CompoSecure

CompoSecure, Inc manufactures and designs metal, composite, 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 supports specific digital assets, including Bitcoin, Ethereum, non-fungible tokens and others.