Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin Sells 496,302 Shares

Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin sold 496,302 shares of Compass stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $6.18, for a total transaction of $3,067,146.36. Following the sale, the chief executive officer now directly owns 653,444 shares of the company’s stock, valued at $4,038,283.92. This represents a 43.17 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Robert L. Reffkin also recently made the following trade(s):

• On Friday, August 23rd, Robert L. Reffkin sold 814,302 shares of Compass stock. The shares were sold at an average price of $4.91, for a total transaction of $3,998,222.82.

Compass Trading Up 1.7 %

NYSE COMP opened at $6.30 on Wednesday. The firm’s fifty day simple moving average is $6.14 and its two-hundred day simple moving average is $4.89. Compass, Inc. has a 12-month low of $1.99 and a 12-month high of $7.01. The firm has a market capitalization of $3.21 billion, a P/E ratio of -15.74 and a beta of 2.91.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Oppenheimer reissued an “outperform” rating and set a $8.50 price objective (up from $8.00) on shares of Compass in a report on Friday, November 1st. Needham & Company LLC lifted their price objective on shares of Compass from $6.00 to $8.00 and gave the company a “buy” rating in a report on Thursday, October 31st. The Goldman Sachs Group lifted their price objective on shares of Compass from $4.00 to $4.50 and gave the company a “buy” rating in a report on Thursday, August 1st. Barclays lifted their price objective on shares of Compass from $5.00 to $6.00 and gave the company an “equal weight” rating in a report on Thursday, October 31st. Finally, UBS Group lifted their price objective on shares of Compass from $4.40 to $6.50 and gave the company a “neutral” rating in a report on Tuesday, October 22nd. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $5.53.

About Compass

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.