Compass, Inc. (NYSE:COMP) CEO Sells $6,134,125.90 in Stock

Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin sold 775,490 shares of the business’s stock in a transaction that occurred on Friday, February 14th. The stock was sold at an average price of $7.91, for a total value of $6,134,125.90. Following the completion of the transaction, the chief executive officer now directly owns 363,646 shares in the company, valued at $2,876,439.86. The trade was a 68.08 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Wednesday, February 19th, Robert L. Reffkin sold 2,000,000 shares of Compass stock. The shares were sold at an average price of $9.46, for a total value of $18,920,000.00.

Compass Price Performance

Shares of NYSE:COMP opened at $9.01 on Friday. The stock has a market cap of $4.60 billion, a price-to-earnings ratio of -29.05 and a beta of 2.95. The company has a 50 day moving average of $6.80 and a 200-day moving average of $6.26. Compass, Inc. has a one year low of $2.89 and a one year high of $10.25.

Compass (NYSE:COMP) last issued its earnings results on Tuesday, February 18th. The company reported ($0.08) EPS for the quarter, beating the consensus estimate of ($0.10) by $0.02. Compass had a negative net margin of 2.74% and a negative return on equity of 39.72%. The company had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $1.38 billion. During the same quarter in the previous year, the company posted ($0.09) EPS. Equities research analysts anticipate that Compass, Inc. will post 0.08 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on COMP shares. UBS Group raised their target price on Compass from $11.00 to $12.00 and gave the company a “buy” rating in a research note on Wednesday. Morgan Stanley boosted their target price on shares of Compass from $6.00 to $8.50 and gave the stock an “equal weight” rating in a research note on Wednesday. Needham & Company LLC increased their price target on shares of Compass from $10.00 to $12.00 and gave the company a “buy” rating in a research note on Wednesday. The Goldman Sachs Group raised their price target on shares of Compass from $8.00 to $9.00 and gave the company a “buy” rating in a report on Wednesday. Finally, Barclays upped their price objective on Compass from $6.00 to $7.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 11th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $8.69.

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.