Insider Selling: Compass, Inc. (NYSE:COMP) CEO Sells 182,348 Shares of Stock

Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin sold 182,348 shares of the business’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $6.91, for a total transaction of $1,260,024.68. Following the completion of the sale, the chief executive officer now directly owns 1,395,602 shares of the company’s stock, valued at $9,643,609.82. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Robert L. Reffkin also recently made the following trade(s):

• On Friday, August 23rd, Robert L. Reffkin sold 814,302 shares of Compass stock. The stock was sold at an average price of $4.91, for a total transaction of $3,998,222.82.

Compass Price Performance

Shares of COMP stock traded down $0.10 on Tuesday, hitting $6.70. 3,256,101 shares of the stock traded hands, compared to its average volume of 4,622,272. The firm has a market cap of $3.42 billion, a price-to-earnings ratio of -16.72 and a beta of 2.91. The firm has a 50 day simple moving average of $6.02 and a two-hundred day simple moving average of $4.76. Compass, Inc. has a 52 week low of $1.88 and a 52 week high of $7.01.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on COMP shares. The Goldman Sachs Group increased their price target on shares of Compass from $4.00 to $4.50 and gave the company a “buy” rating in a report on Thursday, August 1st. Needham & Company LLC increased their price target on shares of Compass from $6.00 to $8.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Barclays increased their price target on shares of Compass from $5.00 to $6.00 and gave the company an “equal weight” rating in a report on Thursday, October 31st. Oppenheimer restated an “outperform” rating and issued a $8.50 target price (up previously from $8.00) on shares of Compass in a report on Friday, November 1st. Finally, UBS Group raised their target price on shares of Compass from $4.40 to $6.50 and gave the stock a “neutral” rating in a report on Tuesday, October 22nd. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $5.53.

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.