Adam Joseph Lowe Sells 5,000 Shares of CompoSecure, Inc. (NASDAQ:CMPO) Stock

CompoSecure, Inc. (NASDAQ:CMPO) insider Adam Joseph Lowe sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $11.01, for a total value of $55,050.00. Following the transaction, the insider now owns 1,481,036 shares in the company, valued at $16,306,206.36. This represents a 0.34 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Adam Joseph Lowe also recently made the following trade(s):

• On Wednesday, March 12th, Adam Joseph Lowe sold 18,818 shares of CompoSecure stock. The stock was sold at an average price of $10.97, for a total value of $206,433.46.

CompoSecure Price Performance

CompoSecure stock opened at $10.88 on Wednesday. CompoSecure, Inc. has a 1-year low of $5.85 and a 1-year high of $17.71. The company has a market cap of $1.11 billion, a PE ratio of -24.73, a price-to-earnings-growth ratio of 2.63 and a beta of 0.77. The stock’s 50 day moving average price is $14.37 and its 200 day moving average price is $14.56.

Institutional Trading of CompoSecure

Institutional investors have recently modified their holdings of the business. KLP Kapitalforvaltning AS purchased a new stake in shares of CompoSecure in the fourth quarter valued at approximately $75,000. FMR LLC boosted its stake in shares of CompoSecure by 693.0% in the third quarter. FMR LLC now owns 5,900 shares of the company’s stock valued at $83,000 after buying an additional 5,156 shares in the last quarter. Harvest Fund Management Co. Ltd purchased a new stake in shares of CompoSecure in the third quarter valued at approximately $140,000. Wolverine Asset Management LLC boosted its stake in shares of CompoSecure by 76.3% in the fourth quarter. Wolverine Asset Management LLC now owns 9,335 shares of the company’s stock valued at $143,000 after buying an additional 4,039 shares in the last quarter. Finally, Principal Financial Group Inc. purchased a new stake in shares of CompoSecure in the third quarter valued at approximately $146,000. 37.56% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on CMPO. Lake Street Capital dropped their price target on CompoSecure from $18.00 to $15.00 and set a “buy” rating on the stock in a research note on Thursday, March 6th. JPMorgan Chase & Co. dropped their price target on CompoSecure from $16.00 to $15.00 and set a “neutral” rating on the stock in a research note on Thursday, March 6th. Needham & Company LLC dropped their price target on CompoSecure from $16.00 to $15.00 and set a “buy” rating on the stock in a research note on Thursday, March 6th. Finally, TD Cowen assumed coverage on CompoSecure in a research note on Wednesday, December 18th. They issued a “buy” rating and a $20.00 target price on the stock. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $16.19.

CompoSecure Company Profile

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.