Cwm LLC Purchases 1,536 Shares of CompoSecure, Inc. (NASDAQ:CMPO)

Cwm LLC increased its position in CompoSecure, Inc. (NASDAQ:CMPO) by 42.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,192 shares of the company’s stock after purchasing an additional 1,536 shares during the quarter. Cwm LLC’s holdings in CompoSecure were worth $73,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CMPO. Sandia Investment Management LP acquired a new stake in shares of CompoSecure in the second quarter valued at $68,000. Ritholtz Wealth Management acquired a new stake in CompoSecure in the second quarter worth about $84,000. Algert Global LLC acquired a new stake in CompoSecure in the second quarter worth about $84,000. B. Riley Wealth Advisors Inc. acquired a new stake in CompoSecure in the first quarter worth about $91,000. Finally, Quarry LP increased its position in CompoSecure by 209.6% in the second quarter. Quarry LP now owns 19,095 shares of the company’s stock worth $130,000 after purchasing an additional 12,927 shares during the period. 37.56% of the stock is owned by institutional investors.

Insider Activity

In related news, insider Adam Joseph Lowe sold 45,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 14th. The stock was sold at an average price of $11.06, for a total transaction of $497,700.00. Following the completion of the sale, the insider now owns 1,292,219 shares of the company’s stock, valued at $14,291,942.14. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, insider Adam Joseph Lowe sold 45,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 14th. The stock was sold at an average price of $11.06, for a total value of $497,700.00. Following the transaction, the insider now owns 1,292,219 shares in the company, valued at $14,291,942.14. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Gregoire Maes sold 50,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $11.04, for a total value of $552,000.00. Following the completion of the transaction, the chief operating officer now owns 762,009 shares in the company, valued at $8,412,579.36. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 10,867,586 shares of company stock valued at $82,870,442. Company insiders own 74.99% of the company’s stock.

CompoSecure Stock Performance

NASDAQ:CMPO opened at $15.20 on Friday. CompoSecure, Inc. has a fifty-two week low of $4.61 and a fifty-two week high of $15.76. The company has a market cap of $1.22 billion, a price-to-earnings ratio of 15.67, a PEG ratio of 1.05 and a beta of 0.78. The stock has a fifty day moving average price of $13.18 and a 200-day moving average price of $9.31.

CompoSecure (NASDAQ:CMPO) last announced its quarterly earnings data on Wednesday, August 7th. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $102.22 million. During the same period in the prior year, the company earned $0.25 EPS. Research analysts predict that CompoSecure, Inc. will post 1.1 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on CMPO shares. Bank of America boosted their target price on CompoSecure from $9.00 to $10.00 and gave the stock a “buy” rating in a research report on Thursday, August 8th. Benchmark boosted their target price on CompoSecure from $12.00 to $17.00 and gave the company a “buy” rating in a research note on Wednesday, September 18th. JPMorgan Chase & Co. boosted their price target on CompoSecure from $8.00 to $12.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 20th. Compass Point boosted their price target on CompoSecure from $11.50 to $14.50 and gave the stock a “buy” rating in a research report on Tuesday, August 20th. Finally, Lake Street Capital boosted their target price on CompoSecure from $14.00 to $18.00 and gave the stock a “buy” rating in a report on Wednesday, October 2nd. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, CompoSecure presently has a consensus rating of “Moderate Buy” and a consensus price target of $15.07.

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.