Insider Selling: Compass, Inc. (NYSE:COMP) Director Sells $321,147.00 in Stock

Compass, Inc. (NYSE:COMP) Director Pamela Thomas-Graham sold 35,683 shares of the business’s stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $9.00, for a total transaction of $321,147.00. Following the sale, the director now owns 93,990 shares of the company’s stock, valued at approximately $845,910. This represents a 27.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Compass Stock Performance

Compass stock opened at $9.01 on Monday. The company has a 50-day simple moving average of $6.80 and a 200-day simple moving average of $6.29. The firm has a market capitalization of $4.60 billion, a P/E ratio of -29.05 and a beta of 2.95. Compass, Inc. has a one year low of $2.89 and a one year high of $10.25.

Compass (NYSE:COMP) last released its quarterly earnings results on Tuesday, February 18th. The company reported ($0.08) EPS for the quarter, topping the consensus estimate of ($0.10) by $0.02. The business had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.38 billion. Compass had a negative net margin of 2.74% and a negative return on equity of 39.72%. During the same quarter in the prior year, the firm earned ($0.09) earnings per share. As a group, sell-side analysts forecast that Compass, Inc. will post 0.09 earnings per share for the current year.

Analysts Set New Price Targets

COMP has been the subject of several research reports. Morgan Stanley boosted their price objective on shares of Compass from $6.00 to $8.50 and gave the stock an “equal weight” rating in a research note on Wednesday, February 19th. The Goldman Sachs Group boosted their target price on shares of Compass from $8.00 to $9.00 and gave the stock a “buy” rating in a research report on Wednesday, February 19th. UBS Group boosted their target price on shares of Compass from $11.00 to $12.00 and gave the stock a “buy” rating in a research report on Wednesday, February 19th. 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 report on Wednesday, December 11th. Finally, Needham & Company LLC boosted their target price on shares of Compass from $10.00 to $12.00 and gave the stock a “buy” rating in a research report on Wednesday, February 19th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, Compass 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.