Robert L. Reffkin Sells 141,061 Shares of Compass, Inc. (NYSE:COMP) Stock

Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin sold 141,061 shares of the company’s stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $6.27, for a total transaction of $884,452.47. Following the sale, the chief executive officer now directly owns 2,000,000 shares in the company, valued at $12,540,000. This trade represents a 6.59 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

Compass Price Performance

COMP stock traded up $0.02 during mid-day trading on Friday, reaching $6.75. 6,016,287 shares of the company traded hands, compared to its average volume of 5,795,487. The company has a fifty day moving average price of $6.43 and a 200-day moving average price of $5.64. Compass, Inc. has a 52-week low of $2.89 and a 52-week high of $7.69. The company has a market capitalization of $3.44 billion, a P/E ratio of -16.86 and a beta of 2.92.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on COMP shares. UBS Group upped their target price on shares of Compass from $4.40 to $6.50 and gave the company a “neutral” rating in a report on Tuesday, October 22nd. The Goldman Sachs Group increased their price target on Compass from $7.00 to $8.00 and gave the stock a “buy” rating in a research report on Tuesday, December 3rd. Needham & Company LLC reiterated a “buy” rating and set a $10.00 price target on shares of Compass in a research report on Thursday. Barclays boosted their target price on shares of Compass from $6.00 to $7.00 and gave the stock an “equal weight” rating in a research note on Wednesday, December 11th. Finally, Oppenheimer upped their price target on Compass from $8.50 to $9.50 and gave the company an “outperform” rating in a research report on Tuesday, December 3rd. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $7.01.

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.