5,100 Shares in CompoSecure, Inc. (NASDAQ:CMPO) Bought by nVerses Capital LLC

nVerses Capital LLC purchased a new stake in CompoSecure, Inc. (NASDAQ:CMPO) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 5,100 shares of the company’s stock, valued at approximately $72,000.

A number of other hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. boosted its stake in shares of CompoSecure by 1.6% in the 1st quarter. Vanguard Group Inc. now owns 843,476 shares of the company’s stock valued at $6,098,000 after purchasing an additional 13,081 shares in the last quarter. Wellington Management Group LLP grew its stake in CompoSecure by 69.2% during the fourth quarter. Wellington Management Group LLP now owns 601,548 shares of the company’s stock worth $3,248,000 after buying an additional 246,094 shares during the last quarter. Boston Partners increased its holdings in shares of CompoSecure by 40.8% during the first quarter. Boston Partners now owns 557,136 shares of the company’s stock worth $4,028,000 after buying an additional 161,333 shares in the last quarter. Pacific Ridge Capital Partners LLC raised its stake in shares of CompoSecure by 146.9% in the second quarter. Pacific Ridge Capital Partners LLC now owns 486,462 shares of the company’s stock valued at $3,308,000 after acquiring an additional 289,451 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its holdings in shares of CompoSecure by 165.4% in the 2nd quarter. Renaissance Technologies LLC now owns 209,389 shares of the company’s stock worth $1,424,000 after acquiring an additional 130,489 shares in the last quarter. Institutional investors and hedge funds own 37.56% of the company’s stock.

Insider Activity

In other CompoSecure news, Director Michele Logan sold 10,017,983 shares of the company’s stock in a transaction on Tuesday, September 17th. The shares were sold at an average price of $7.55, for a total transaction of $75,635,771.65. Following the sale, the director now directly owns 2,043,320 shares of the company’s stock, valued at approximately $15,427,066. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, Director Michele Logan sold 10,017,983 shares of the company’s stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of $7.55, for a total value of $75,635,771.65. Following the sale, the director now directly owns 2,043,320 shares of the company’s stock, valued at approximately $15,427,066. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Gregoire Maes sold 50,000 shares of the firm’s stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $11.04, for a total transaction of $552,000.00. Following the completion of the sale, the chief operating officer now owns 762,009 shares of the company’s stock, valued at $8,412,579.36. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 10,867,586 shares of company stock valued at $82,870,442. 74.99% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have commented on CMPO. Needham & Company LLC boosted their price objective on CompoSecure from $15.00 to $16.00 and gave the stock a “buy” rating in a research note on Thursday, August 8th. Benchmark increased their price objective on shares of CompoSecure from $12.00 to $17.00 and gave the stock a “buy” rating in a report on Wednesday, September 18th. Compass Point boosted their target price on shares of CompoSecure from $11.50 to $14.50 and gave the stock a “buy” rating in a research note on Tuesday, August 20th. Lake Street Capital increased their price target on shares of CompoSecure from $14.00 to $18.00 and gave the company a “buy” rating in a research note on Wednesday, October 2nd. Finally, Bank of America raised their price target on shares of CompoSecure from $9.00 to $10.00 and gave the company a “buy” rating in a report on Thursday, August 8th. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, CompoSecure has an average rating of “Moderate Buy” and an average price target of $15.07.

CompoSecure Trading Up 2.2 %

CompoSecure stock opened at $15.41 on Tuesday. CompoSecure, Inc. has a 1-year low of $4.61 and a 1-year high of $15.55. The company has a fifty day simple moving average of $12.84 and a 200 day simple moving average of $9.09. The company has a market cap of $1.24 billion, a P/E ratio of 15.89, a price-to-earnings-growth ratio of 1.05 and a beta of 0.78.

CompoSecure (NASDAQ:CMPO) last released its earnings results on Wednesday, August 7th. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.26 by $0.01. CompoSecure had a negative return on equity of 11.78% and a net margin of 6.33%. The business had revenue of $108.57 million for the quarter, compared to the consensus estimate of $102.22 million. During the same quarter in the previous year, the business earned $0.25 earnings per share. On average, equities research analysts forecast that CompoSecure, Inc. will post 1.1 EPS for the current year.

CompoSecure Company Profile

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.