CompoSecure, Inc. (NASDAQ:CMPO) CRO Amanda Mandy Gourbault Sells 900 Shares

CompoSecure, Inc. (NASDAQ:CMPO) CRO Amanda Mandy Gourbault sold 900 shares of the firm’s stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $16.00, for a total value of $14,400.00. Following the completion of the sale, the executive now directly owns 831,504 shares of the company’s stock, valued at $13,304,064. This trade represents a 0.11 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Amanda Mandy Gourbault also recently made the following trade(s):

• On Thursday, February 27th, Amanda Mandy Gourbault sold 9,622 shares of CompoSecure stock. The stock was sold at an average price of $16.09, for a total transaction of $154,817.98.

CompoSecure Price Performance

Shares of NASDAQ CMPO opened at $15.50 on Friday. The company has a market cap of $1.37 billion, a PE ratio of -35.23, a P/E/G ratio of 2.63 and a beta of 0.78. The stock has a fifty day moving average price of $15.46 and a 200 day moving average price of $14.52. CompoSecure, Inc. has a 1-year low of $4.61 and a 1-year high of $17.71.

Institutional Investors Weigh In On CompoSecure

A number of hedge funds have recently added to or reduced their stakes in CMPO. Tyro Capital Management LLC purchased a new stake in CompoSecure in the 3rd quarter valued at approximately $27,978,000. Capital World Investors acquired a new position in shares of CompoSecure in the fourth quarter valued at approximately $27,387,000. Divisadero Street Capital Management LP purchased a new position in shares of CompoSecure during the fourth quarter valued at approximately $16,075,000. Nine Ten Capital Management LLC purchased a new stake in CompoSecure in the 4th quarter worth approximately $13,925,000. Finally, Woodson Capital Management LP acquired a new position in CompoSecure in the 3rd quarter valued at $10,795,000. Institutional investors and hedge funds own 37.56% of the company’s stock.

Wall Street Analyst Weigh In

CMPO has been the topic of a number of research analyst reports. B. Riley boosted their target price on CompoSecure from $18.00 to $23.00 and gave the company a “buy” rating in a research report on Monday, November 11th. JPMorgan Chase & Co. upped their price objective on CompoSecure from $12.00 to $16.00 and gave the stock a “neutral” rating in a research report on Monday, December 2nd. TD Cowen initiated coverage on CompoSecure in a research note on Wednesday, December 18th. They issued a “buy” rating and a $20.00 price objective for the company. Benchmark restated a “buy” rating and set a $17.00 target price on shares of CompoSecure in a research note on Tuesday, November 12th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $16.00 price target on shares of CompoSecure in a report on Monday, November 11th. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, CompoSecure presently has an average 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.