CompoSecure, Inc. (NASDAQ:CMPO) Insider Adam Joseph Lowe Sells 5,000 Shares

CompoSecure, Inc. (NASDAQ:CMPO) insider Adam Joseph Lowe sold 5,000 shares of CompoSecure stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $11.01, for a total transaction of $55,050.00. Following the completion of the transaction, the insider now directly owns 1,481,036 shares in the company, valued at approximately $16,306,206.36. This represents a 0.34 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Adam Joseph Lowe also recently made the following trade(s):

• On Wednesday, March 12th, Adam Joseph Lowe sold 18,818 shares of CompoSecure stock. The stock was sold at an average price of $10.97, for a total transaction of $206,433.46.

CompoSecure Price Performance

Shares of CMPO traded up $0.12 on Monday, reaching $11.14. 806,806 shares of the stock traded hands, compared to its average volume of 757,060. The stock’s 50-day moving average price is $14.44 and its 200-day moving average price is $14.57. The firm has a market cap of $1.14 billion, a price-to-earnings ratio of -25.32, a P/E/G ratio of 2.63 and a beta of 0.77. CompoSecure, Inc. has a 12 month low of $5.69 and a 12 month high of $17.71.

Hedge Funds Weigh In On CompoSecure

A number of hedge funds have recently made changes to their positions in the business. Tyro Capital Management LLC bought a new stake in CompoSecure in the third quarter valued at about $27,978,000. Capital World Investors bought a new stake in shares of CompoSecure in the 4th quarter valued at approximately $27,387,000. Divisadero Street Capital Management LP acquired a new position in shares of CompoSecure in the 4th quarter worth approximately $16,075,000. Nine Ten Capital Management LLC bought a new position in shares of CompoSecure during the 4th quarter worth approximately $13,925,000. Finally, Woodson Capital Management LP acquired a new stake 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 several research analyst reports. Lake Street Capital lowered their price target on CompoSecure from $18.00 to $15.00 and set a “buy” rating on the stock in a research report on Thursday, March 6th. JPMorgan Chase & Co. lowered their target price on CompoSecure from $16.00 to $15.00 and set a “neutral” rating on the stock in a report on Thursday, March 6th. Needham & Company LLC dropped their price target on CompoSecure from $16.00 to $15.00 and set a “buy” rating on the stock in a research report on Thursday, March 6th. Finally, TD Cowen assumed coverage on CompoSecure in a research report on Wednesday, December 18th. They issued a “buy” rating and a $20.00 price objective for the company. One equities 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 company presently has an average rating of “Moderate Buy” and an average price target of $16.19.

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.