Compass (COMP) – Analysts’ Recent Ratings Updates

A number of research firms have changed their ratings and price targets for Compass (NYSE: COMP):

• 11/1/2024 – Compass had its “outperform” rating reaffirmed by analysts at Oppenheimer Holdings Inc.. They now have a $8.50 price target on the stock, up previously from $8.00.
• 10/31/2024 – Compass had its price target raised by analysts at Barclays PLC from $5.00 to $6.00. They now have an “equal weight” rating on the stock.
• 10/31/2024 – Compass had its price target raised by analysts at Needham & Company LLC from $6.00 to $8.00. They now have a “buy” rating on the stock.
• 10/22/2024 – Compass had its price target raised by analysts at UBS Group AG from $4.40 to $6.50. They now have a “neutral” rating on the stock.
• 9/24/2024 – Compass had its price target raised by analysts at Oppenheimer Holdings Inc. from $6.00 to $8.00. They now have an “outperform” rating on the stock.

Compass Price Performance

Shares of COMP traded down $0.11 on Tuesday, hitting $6.69. The company’s stock had a trading volume of 695,928 shares, compared to its average volume of 4,610,082. The company has a 50 day moving average price of $6.02 and a 200 day moving average price of $4.76. Compass, Inc. has a fifty-two week low of $1.88 and a fifty-two week high of $7.01. The company has a market capitalization of $3.41 billion, a PE ratio of -16.72 and a beta of 2.91.

Insider Buying and Selling

In other news, major shareholder Excalibur (Cayman) Ltd Svf sold 7,500,000 shares of Compass stock in a transaction on Friday, September 13th. The stock was sold at an average price of $6.24, for a total transaction of $46,800,000.00. Following the completion of the sale, the insider now owns 68,070,273 shares of the company’s stock, valued at approximately $424,758,503.52. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CEO Robert L. Reffkin sold 814,302 shares of the firm’s stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $4.91, for a total transaction of $3,998,222.82. Following the transaction, the chief executive officer now directly owns 944,302 shares of the company’s stock, valued at approximately $4,636,522.82. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, major shareholder Excalibur (Cayman) Ltd Svf sold 7,500,000 shares of the company’s stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $6.24, for a total transaction of $46,800,000.00. Following the sale, the insider now owns 68,070,273 shares of the company’s stock, valued at approximately $424,758,503.52. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 9,347,991 shares of company stock valued at $56,856,644 in the last 90 days. 6.25% of the stock is owned by insiders.

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.