33,560 Shares in CompoSecure, Inc. (NASDAQ:CMPO) Bought by LGL Partners LLC

LGL Partners LLC purchased a new stake in CompoSecure, Inc. (NASDAQ:CMPO) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 33,560 shares of the company’s stock, valued at approximately $514,000.

Several other institutional investors have also recently made changes to their positions in the stock. Tyro Capital Management LLC bought a new position in CompoSecure in the third quarter worth approximately $27,978,000. Woodson Capital Management LP bought a new stake in shares of CompoSecure during the third quarter valued at approximately $10,795,000. Geode Capital Management LLC raised its position in shares of CompoSecure by 34.1% during the third quarter. Geode Capital Management LLC now owns 585,746 shares of the company’s stock worth $8,214,000 after purchasing an additional 148,833 shares during the period. State Street Corp lifted its holdings in shares of CompoSecure by 20.1% in the 3rd quarter. State Street Corp now owns 395,691 shares of the company’s stock worth $5,548,000 after purchasing an additional 66,232 shares in the last quarter. Finally, Concentric Capital Strategies LP acquired a new stake in CompoSecure in the 3rd quarter valued at $5,445,000. Institutional investors and hedge funds own 37.56% of the company’s stock.

CompoSecure Stock Down 3.9 %

Shares of NASDAQ CMPO opened at $15.34 on Wednesday. The company has a market capitalization of $1.35 billion, a PE ratio of -34.86, a PEG ratio of 2.63 and a beta of 0.78. The stock’s 50 day moving average price is $15.46 and its 200-day moving average price is $14.50. CompoSecure, Inc. has a twelve month low of $4.61 and a twelve month high of $17.71.

Insider Buying and Selling

In related news, Director Resolute Compo Holdings Llc purchased 233,070 shares of the firm’s stock in a transaction dated Thursday, February 20th. The stock was bought at an average price of $16.57 per share, for a total transaction of $3,861,969.90. Following the purchase, the director now directly owns 879,963 shares in the company, valued at approximately $14,580,986.91. This trade represents a 36.03 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Adam Joseph Lowe sold 34,310 shares of CompoSecure stock in a transaction that occurred on Friday, December 6th. The stock was sold at an average price of $16.24, for a total transaction of $557,194.40. Following the completion of the sale, the insider now directly owns 1,315,068 shares in the company, valued at $21,356,704.32. This trade represents a 2.54 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have acquired 659,376 shares of company stock worth $10,429,021 and have sold 156,337 shares worth $2,525,818. 74.99% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on CMPO shares. JPMorgan Chase & Co. upped their price objective on shares of CompoSecure from $12.00 to $16.00 and gave the stock a “neutral” rating in a report on Monday, December 2nd. TD Cowen started coverage on shares of CompoSecure in a report on Wednesday, December 18th. They issued a “buy” rating and a $20.00 target price on the stock. B. Riley lifted their price target on CompoSecure from $18.00 to $23.00 and gave the company a “buy” rating in a research note on Monday, November 11th. Needham & Company LLC reissued a “buy” rating and issued a $16.00 price objective on shares of CompoSecure in a research note on Monday, November 11th. Finally, Benchmark reaffirmed a “buy” rating and set a $17.00 target price on shares of CompoSecure in a research report on Tuesday, November 12th. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $16.81.

About CompoSecure

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.