Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin Sells 42,717 Shares

Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin sold 42,717 shares of Compass stock in a transaction on Friday, January 17th. The stock was sold at an average price of $6.90, for a total transaction of $294,747.30. Following the sale, the chief executive officer now directly owns 1,957,283 shares of the company’s stock, valued at approximately $13,505,252.70. This trade represents a 2.14 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Compass Trading Up 0.2 %

Shares of COMP stock opened at $6.75 on Friday. Compass, Inc. has a 12-month low of $2.89 and a 12-month high of $7.69. The company has a market cap of $3.44 billion, a price-to-earnings ratio of -16.86 and a beta of 2.92. The stock has a 50 day simple moving average of $6.43 and a 200-day simple moving average of $5.68.

Analysts Set New Price Targets

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

About Compass

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.