CompoSecure, Inc. (NASDAQ:CMPO) Director Resolute Compo Holdings Llc Acquires 205,120 Shares of Stock

CompoSecure, Inc. (NASDAQ:CMPO) Director Resolute Compo Holdings Llc bought 205,120 shares of the firm’s stock in a transaction on Friday, February 14th. The shares were purchased at an average cost of $15.83 per share, with a total value of $3,247,049.60. Following the completion of the transaction, the director now owns 646,893 shares in the company, valued at $10,240,316.19. This represents a 46.43 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Resolute Compo Holdings Llc also recently made the following trade(s):

• On Wednesday, February 12th, Resolute Compo Holdings Llc purchased 221,186 shares of CompoSecure stock. The stock was bought at an average cost of $15.01 per share, with a total value of $3,320,001.86.

CompoSecure Price Performance

Shares of CMPO stock opened at $15.64 on Friday. CompoSecure, Inc. has a 1-year low of $4.61 and a 1-year high of $17.03. The stock’s fifty day moving average price is $15.47 and its 200 day moving average price is $13.98. The company has a market cap of $1.38 billion, a price-to-earnings ratio of -35.55, a price-to-earnings-growth ratio of 2.51 and a beta of 0.78.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on CMPO shares. TD Cowen started coverage on CompoSecure in a research report on Wednesday, December 18th. They issued a “buy” rating and a $20.00 price target for the company. Needham & Company LLC reissued a “buy” rating and issued a $16.00 price target on shares of CompoSecure in a research report on Monday, November 11th. Benchmark reissued a “buy” rating and issued a $17.00 price target on shares of CompoSecure in a research report on Tuesday, November 12th. JPMorgan Chase & Co. boosted their price target on 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 boosted their target price on CompoSecure from $18.00 to $23.00 and gave the stock a “buy” rating in a research note on Monday, November 11th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, CompoSecure has a consensus rating of “Moderate Buy” and a consensus target price of $16.81.

Institutional Trading of CompoSecure

Several large investors have recently added to or reduced their stakes in CMPO. CWM LLC grew its stake in CompoSecure by 42.0% during the 3rd quarter. CWM LLC now owns 5,192 shares of the company’s stock valued at $73,000 after purchasing an additional 1,536 shares during the last quarter. nVerses Capital LLC purchased a new stake in CompoSecure during the 3rd quarter valued at about $72,000. Rowlandmiller & PARTNERS.ADV purchased a new stake in CompoSecure during the 3rd quarter valued at about $149,000. Wealth Enhancement Advisory Services LLC grew its stake in CompoSecure by 1.7% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 40,944 shares of the company’s stock valued at $574,000 after purchasing an additional 701 shares during the last quarter. Finally, Rice Hall James & Associates LLC purchased a new stake in CompoSecure during the 3rd quarter valued at about $3,766,000. Hedge funds and other institutional investors own 37.56% of the company’s stock.

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.