CompoSecure, Inc. (NASDAQ:CMPO) Stake Lowered by Numerai GP LLC

Numerai GP LLC trimmed its position in shares of CompoSecure, Inc. (NASDAQ:CMPO) by 72.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 80,847 shares of the company’s stock after selling 212,448 shares during the period. Numerai GP LLC’s holdings in CompoSecure were worth $1,239,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Janus Henderson Group PLC grew its position in CompoSecure by 1,135.3% in the fourth quarter. Janus Henderson Group PLC now owns 218,426 shares of the company’s stock worth $3,348,000 after acquiring an additional 200,744 shares in the last quarter. Guardian Point Capital LP acquired a new stake in shares of CompoSecure in the 4th quarter valued at $7,972,000. Gotham Asset Management LLC bought a new stake in CompoSecure in the fourth quarter worth $422,000. Deutsche Bank AG boosted its holdings in CompoSecure by 88.9% in the fourth quarter. Deutsche Bank AG now owns 21,379 shares of the company’s stock worth $328,000 after purchasing an additional 10,062 shares in the last quarter. Finally, Divisadero Street Capital Management LP acquired a new position in CompoSecure during the fourth quarter worth $16,075,000. Institutional investors and hedge funds own 37.56% of the company’s stock.

CompoSecure Stock Up 3.3%

Shares of CMPO stock opened at $12.28 on Wednesday. CompoSecure, Inc. has a 12 month low of $5.98 and a 12 month high of $17.71. The stock has a 50 day moving average of $10.89 and a 200-day moving average of $13.77. The firm has a market cap of $1.26 billion, a PE ratio of -27.91, a price-to-earnings-growth ratio of 2.63 and a beta of 0.87.

CompoSecure (NASDAQ:CMPO) last posted its quarterly earnings results on Monday, May 12th. The company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.06. The company had revenue of $103.90 million for the quarter, compared to analyst estimates of $103.22 million. CompoSecure had a negative net margin of 5.63% and a negative return on equity of 14.87%. As a group, equities analysts predict that CompoSecure, Inc. will post 1.02 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director Joseph J. Deangelo bought 45,045 shares of CompoSecure stock in a transaction that occurred on Monday, March 17th. The stock was purchased at an average cost of $11.12 per share, with a total value of $500,900.40. Following the completion of the transaction, the director now directly owns 45,045 shares in the company, valued at $500,900.40. This trade represents a ? increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Adam Joseph Lowe sold 18,818 shares of CompoSecure stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $10.97, for a total transaction of $206,433.46. Following the sale, the insider now owns 1,486,036 shares in the company, valued at $16,301,814.92. This represents a 1.25% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have bought 483,235 shares of company stock valued at $7,609,920 and have sold 34,340 shares valued at $430,701. 74.99% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Needham & Company LLC reiterated a “buy” rating and set a $15.00 price target on shares of CompoSecure in a research note on Tuesday. JPMorgan Chase & Co. reduced their target price on CompoSecure from $16.00 to $15.00 and set a “neutral” rating for the company in a report on Thursday, March 6th. Finally, Lake Street Capital lowered their price target on CompoSecure from $18.00 to $15.00 and set a “buy” rating on the stock in a report on Thursday, March 6th. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, CompoSecure presently has an average rating of “Moderate Buy” and an average price target of $16.19.

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.