Cruiser Capital Advisors LLC Buys 3,737 Shares of CompoSecure, Inc. (NASDAQ:CMPO)

Cruiser Capital Advisors LLC grew its stake in CompoSecure, Inc. (NASDAQ:CMPO) by 15.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,547 shares of the company’s stock after purchasing an additional 3,737 shares during the quarter. Cruiser Capital Advisors LLC’s holdings in CompoSecure were worth $422,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of CMPO. KLP Kapitalforvaltning AS bought a new position in CompoSecure in the fourth quarter worth about $75,000. FMR LLC raised its position in shares of CompoSecure by 693.0% in the 3rd quarter. FMR LLC now owns 5,900 shares of the company’s stock worth $83,000 after acquiring an additional 5,156 shares in the last quarter. Harvest Fund Management Co. Ltd purchased a new position in shares of CompoSecure in the 3rd quarter valued at approximately $140,000. Wolverine Asset Management LLC boosted its position in shares of CompoSecure by 76.3% during the fourth quarter. Wolverine Asset Management LLC now owns 9,335 shares of the company’s stock valued at $143,000 after purchasing an additional 4,039 shares in the last quarter. Finally, Principal Financial Group Inc. purchased a new stake in CompoSecure in the third quarter worth $146,000. Institutional investors own 37.56% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on the stock. TD Cowen initiated coverage on shares of CompoSecure in a report on Wednesday, December 18th. They set a “buy” rating and a $20.00 target price on the stock. JPMorgan Chase & Co. decreased their target price on shares of CompoSecure from $16.00 to $15.00 and set a “neutral” rating for the company 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 report on Thursday, March 6th. Finally, Lake Street Capital reduced their price objective on CompoSecure from $18.00 to $15.00 and set a “buy” rating for the company in a research report on Thursday, March 6th. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $16.19.

CompoSecure Stock Up 1.9 %

Shares of NASDAQ CMPO opened at $11.51 on Tuesday. The firm has a market cap of $1.18 billion, a P/E ratio of -26.16, a PEG ratio of 2.63 and a beta of 0.77. CompoSecure, Inc. has a twelve month low of $5.98 and a twelve month high of $17.71. The company has a 50 day moving average of $14.14 and a 200 day moving average of $14.55.

Insider Transactions at CompoSecure

In other CompoSecure news, insider Adam Joseph Lowe sold 5,000 shares of the business’s stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $11.01, for a total value of $55,050.00. Following the completion of the transaction, the insider now owns 1,481,036 shares of the company’s stock, valued at approximately $16,306,206.36. The trade was a 0.34 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CRO Amanda Mandy Gourbault sold 9,622 shares of the company’s stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $16.09, for a total transaction of $154,817.98. Following the transaction, the executive now owns 821,782 shares in the company, valued at $13,222,472.38. This represents a 1.16 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders acquired 704,421 shares of company stock worth $10,929,922 and sold 34,340 shares worth $430,701. Company insiders own 74.99% of the company’s stock.

CompoSecure 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.