Compass, Inc. (NYSE:COMP) CEO Sells $884,452.47 in Stock

Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin sold 141,061 shares of the company’s stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $6.27, for a total transaction of $884,452.47. Following the completion of the sale, the chief executive officer now directly owns 2,000,000 shares of the company’s stock, valued at $12,540,000. This trade represents a 6.59 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Compass Price Performance

NYSE:COMP opened at $6.75 on Monday. Compass, Inc. has a one year low of $2.89 and a one year high of $7.69. The business has a fifty day moving average price of $6.43 and a 200-day moving average price of $5.69. The firm has a market capitalization of $3.44 billion, a price-to-earnings ratio of -16.86 and a beta of 2.92.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on COMP shares. UBS Group boosted their target price on Compass from $4.40 to $6.50 and gave the company a “neutral” rating in a research note on Tuesday, October 22nd. The Goldman Sachs Group upped their price objective on shares of Compass from $7.00 to $8.00 and gave the stock a “buy” rating in a report on Tuesday, December 3rd. Oppenheimer lifted their target price on shares of Compass from $8.50 to $9.50 and gave the company an “outperform” rating in a research note on Tuesday, December 3rd. Needham & Company LLC reissued a “buy” rating and issued a $10.00 price target on shares of Compass in a research note on Thursday. Finally, Barclays lifted their price objective on Compass from $6.00 to $7.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 11th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Compass has a consensus rating of “Moderate Buy” and a consensus price target of $7.01.

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.