Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin Sells 775,490 Shares

Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin sold 775,490 shares of Compass stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of $7.91, for a total transaction of $6,134,125.90. Following the transaction, the chief executive officer now owns 363,646 shares of the company’s stock, valued at $2,876,439.86. The trade was a 68.08 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

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

• On Wednesday, February 19th, Robert L. Reffkin sold 2,000,000 shares of Compass stock. The shares were sold at an average price of $9.46, for a total transaction of $18,920,000.00.

Compass Price Performance

Shares of Compass stock opened at $10.17 on Thursday. The company’s fifty day simple moving average is $6.70 and its 200-day simple moving average is $6.20. The stock has a market capitalization of $5.19 billion, a PE ratio of -25.43 and a beta of 2.95. Compass, Inc. has a 1-year low of $2.89 and a 1-year high of $10.25.

Compass (NYSE:COMP) last issued its quarterly earnings results on Tuesday, February 18th. The company reported ($0.08) earnings per share for the quarter, topping the consensus estimate of ($0.10) by $0.02. The business had revenue of $1.38 billion for the quarter, compared to analysts’ expectations of $1.38 billion. Compass had a negative net margin of 3.70% and a negative return on equity of 49.45%. During the same quarter last year, the company posted ($0.09) EPS. As a group, research analysts anticipate that Compass, Inc. will post -0.33 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on COMP. The Goldman Sachs Group raised their price target on shares of Compass from $8.00 to $9.00 and gave the company a “buy” rating in a research report on Wednesday. Oppenheimer raised their price target on shares of Compass from $12.00 to $13.00 and gave the company an “outperform” rating in a research report on Wednesday. Needham & Company LLC raised their price target on shares of Compass from $10.00 to $12.00 and gave the company a “buy” rating in a research report on Wednesday. Morgan Stanley raised their price target on shares of Compass from $6.00 to $8.50 and gave the company an “equal weight” rating in a research report on Wednesday. Finally, UBS Group lifted 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. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus 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.