2 weeks Ago By ABMN Staff
Russell Investments Group Ltd. raised its stake in CompoSecure, Inc. ( NASDAQ:CMPO – Free Report ) by 27.
4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 168,113 shares of the company’s stock after acquiring an additional 36,142 shares during the quarter. Russell Investments Group Ltd.
owned approximately 0.19% of CompoSecure worth $2,577,000 at the end of the most recent quarter. Other institutional investors and hedge funds have also made changes to their positions in the company.
KLP Kapitalforvaltning AS acquired a new position in CompoSecure in the 4th quarter valued at about $75,000. FMR LLC raised its position in shares of CompoSecure by 693.0% in the third quarter.
FMR LLC now owns 5,900 shares of the company’s stock valued at $83,000 after buying an additional 5,156 shares during the last quarter. Wolverine Asset Management LLC lifted its stake in shares of CompoSecure by 76.3% during the fourth quarter.
Wolverine Asset Management LLC now owns 9,335 shares of the company’s stock valued at $143,000 after buying an additional 4,039 shares during the period. Principal Financial Group Inc. acquired a new stake in CompoSecure during the third quarter worth approximately $146,000.
Finally, Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in CompoSecure by 33.
3% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd.
now owns 10,201 shares of the company’s stock worth $161,000 after acquiring an additional 2,547 shares during the period. 37.56% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets A number of brokerages have weighed in on CMPO. Lake Street Capital reduced their price target on CompoSecure from $18.00 to $15.
00 and set a “buy” rating on the stock in a research note on Thursday, March 6th. Needham & Company LLC decreased their price target on CompoSecure from $16.00 to $15.
00 and set a “buy” rating on the stock in a research note on Thursday, March 6th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of CompoSecure from $16.
00 to $15.00 and set a “neutral” rating for the company in a research note on Thursday, March 6th. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company.
Based on data from MarketBeat, CompoSecure currently has a consensus rating of “Moderate Buy” and a consensus price target of $16.19. CompoSecure Price Performance CompoSecure stock opened at $10.
65 on Friday. CompoSecure, Inc. has a 12 month low of $5.
98 and a 12 month high of $17.71. The company has a market cap of $1.
09 billion, a price-to-earnings ratio of -24.20, a price-to-earnings-growth ratio of 2.63 and a beta of 0.
87. The stock’s 50-day moving average is $12.24 and its 200-day moving average is $14.
20. Insider Activity at CompoSecure In other news, insider Adam Joseph Lowe sold 5,000 shares of the stock in a transaction on Monday, March 17th. The shares were sold at an average price of $11.
01, for a total value of $55,050.00. Following the completion of the sale, the insider now owns 1,481,036 shares of the company’s stock, valued at $16,306,206.
36. This represents a 0.34 % decrease in their ownership of the stock.
The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink . Also, Director Joseph J. Deangelo bought 45,045 shares of CompoSecure stock in a transaction that occurred on Monday, March 17th.
The shares were acquired at an average price of $11.12 per share, for a total transaction of $500,900.40.
Following the acquisition, the director now directly owns 45,045 shares in the company, valued at approximately $500,900.40. This represents a ∞ increase in their position.
The disclosure for this purchase can be found here . Over the last quarter, insiders have acquired 704,421 shares of company stock worth $10,929,922 and have sold 34,340 shares worth $430,701. 74.
99% of the stock is currently owned by insiders. CompoSecure Profile ( Free Report ) 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. Featured Articles Receive News & Ratings for CompoSecure Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CompoSecure and related companies with MarketBeat.com's FREE daily email newsletter .
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