Compass, Inc. (NYSE:COMP) CAO Scott R. Wahlers Sells 250,000 Shares

Compass, Inc. (NYSE:COMP) CAO Scott R. Wahlers sold 250,000 shares of the company’s stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $9.27, for a total transaction of $2,317,500.00. Following the transaction, the chief accounting officer now owns 329,187 shares in the company, valued at approximately $3,051,563.49. This trade represents a 43.16 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Compass Trading Down 7.9 %

Compass stock opened at $9.01 on Friday. Compass, Inc. has a 12 month low of $2.89 and a 12 month high of $10.25. The stock’s 50 day simple moving average is $6.80 and its two-hundred day simple moving average is $6.26. The firm has a market cap of $4.60 billion, a PE ratio of -29.05 and a beta of 2.95.

Compass (NYSE:COMP) last released its quarterly earnings data on Tuesday, February 18th. The company reported ($0.08) EPS for the quarter, topping the consensus estimate of ($0.10) by $0.02. Compass had a negative return on equity of 39.72% and a negative net margin of 2.74%. The business 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 firm posted ($0.09) EPS. On average, equities research analysts forecast that Compass, Inc. will post 0.08 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Needham & Company LLC increased their price target on shares of Compass from $10.00 to $12.00 and gave the stock a “buy” rating in a report on Wednesday. The Goldman Sachs Group increased their price target on shares of Compass from $8.00 to $9.00 and gave the stock a “buy” rating in a report on Wednesday. UBS Group increased their price target on shares of Compass from $11.00 to $12.00 and gave the stock a “buy” rating in a report on Wednesday. Morgan Stanley increased their price target on shares of Compass from $6.00 to $8.50 and gave the stock an “equal weight” rating in a report on Wednesday. Finally, Barclays increased their price target on shares of Compass from $6.00 to $7.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 11th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently 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.