Rowlandmiller & PARTNERS.ADV Purchases Shares of 10,625 CompoSecure, Inc. (NASDAQ:CMPO)

Rowlandmiller & PARTNERS.ADV bought a new position in CompoSecure, Inc. (NASDAQ:CMPO) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 10,625 shares of the company’s stock, valued at approximately $149,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in CMPO. CWM LLC grew its holdings in shares of CompoSecure by 205.9% in the second quarter. CWM LLC now owns 3,656 shares of the company’s stock worth $25,000 after purchasing an additional 2,461 shares during the last quarter. Sandia Investment Management LP bought a new position in shares of CompoSecure in the second quarter worth approximately $68,000. nVerses Capital LLC bought a new position in shares of CompoSecure in the third quarter worth approximately $72,000. Ritholtz Wealth Management purchased a new stake in CompoSecure in the second quarter worth $84,000. Finally, Algert Global LLC purchased a new stake in CompoSecure in the second quarter worth $84,000. Institutional investors own 37.56% of the company’s stock.

Insider Transactions at CompoSecure

In other news, insider Adam Joseph Lowe sold 5,730 shares of the business’s stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of $12.05, for a total transaction of $69,046.50. Following the transaction, the insider now owns 1,292,219 shares of the company’s stock, valued at approximately $15,571,238.95. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other CompoSecure news, insider Adam Joseph Lowe sold 5,730 shares of the company’s stock in a transaction on Wednesday, September 11th. The stock was sold at an average price of $12.05, for a total value of $69,046.50. Following the transaction, the insider now owns 1,292,219 shares of the company’s stock, valued at $15,571,238.95. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CRO Amanda Mandy Gourbault sold 130,859 shares of the company’s stock in a transaction on Wednesday, August 14th. The shares were sold at an average price of $11.08, for a total value of $1,449,917.72. Following the completion of the transaction, the executive now directly owns 908,641 shares in the company, valued at $10,067,742.28. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 10,867,586 shares of company stock valued at $82,870,442 in the last ninety days. Corporate insiders own 74.99% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on the company. Bank of America raised their price objective on CompoSecure from $9.00 to $10.00 and gave the company a “buy” rating in a research report on Thursday, August 8th. Compass Point raised their price objective on CompoSecure from $11.50 to $14.50 and gave the company a “buy” rating in a research report on Tuesday, August 20th. Needham & Company LLC raised their price objective on CompoSecure from $15.00 to $16.00 and gave the company a “buy” rating in a research report on Thursday, August 8th. JPMorgan Chase & Co. raised their price target on CompoSecure from $8.00 to $12.00 and gave the company a “neutral” rating in a report on Tuesday, August 20th. Finally, Benchmark lifted their price objective on CompoSecure from $12.00 to $17.00 and gave the stock a “buy” rating in a report on Wednesday, September 18th. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $15.07.

CompoSecure Stock Up 0.2 %

CMPO stock opened at $15.30 on Friday. CompoSecure, Inc. has a twelve month low of $4.61 and a twelve month high of $15.76. The stock has a market cap of $1.23 billion, a P/E ratio of 15.77, a PEG ratio of 1.05 and a beta of 0.78. The business’s 50-day moving average price is $13.01 and its 200-day moving average price is $9.19.

CompoSecure (NASDAQ:CMPO) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $0.27 EPS for the quarter, topping 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 company had revenue of $108.57 million for the quarter, compared to analysts’ expectations of $102.22 million. During the same period in the previous year, the firm earned $0.25 EPS. On average, equities research analysts expect that CompoSecure, Inc. will post 1.1 earnings per share for the current fiscal year.

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.