CompoSecure (NASDAQ:CMPO) Trading Down 8.5% – Should You Sell?

CompoSecure, Inc. (NASDAQ:CMPO)’s share price fell 8.5% during mid-day trading on Monday . The stock traded as low as $20.67 and last traded at $20.2890. 470,820 shares were traded during trading, a decline of 55% from the average session volume of 1,054,341 shares. The stock had previously closed at $22.17.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on CMPO. Cowen reissued a “buy” rating on shares of CompoSecure in a research report on Tuesday, November 4th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of CompoSecure in a research note on Thursday. Lake Street Capital reissued a “buy” rating on shares of CompoSecure in a report on Wednesday, December 24th. Benchmark raised their price objective on shares of CompoSecure from $24.00 to $32.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Finally, TD Cowen upped their target price on CompoSecure from $22.00 to $26.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. Seven investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $25.50.

CompoSecure Price Performance

The company has a market capitalization of $2.63 billion, a price-to-earnings ratio of -12.38 and a beta of 0.98. The business’s 50-day moving average price is $19.89 and its two-hundred day moving average price is $18.59.

Institutional Trading of CompoSecure

A number of institutional investors have recently modified their holdings of CMPO. Thrivent Financial for Lutherans acquired a new position in CompoSecure in the third quarter valued at about $34,367,000. Locust Wood Capital Advisers LLC lifted its stake in CompoSecure by 14.5% during the third quarter. Locust Wood Capital Advisers LLC now owns 9,341,954 shares of the company’s stock worth $194,499,000 after purchasing an additional 1,183,627 shares during the last quarter. AlTi Global Inc. lifted its stake in CompoSecure by 117.0% during the third quarter. AlTi Global Inc. now owns 807,557 shares of the company’s stock worth $16,813,000 after purchasing an additional 435,347 shares during the last quarter. Jupiter Asset Management Ltd. boosted its holdings in shares of CompoSecure by 319.0% in the 2nd quarter. Jupiter Asset Management Ltd. now owns 570,633 shares of the company’s stock valued at $8,040,000 after purchasing an additional 434,456 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in shares of CompoSecure by 31.3% in the 3rd quarter. Bank of America Corp DE now owns 1,513,218 shares of the company’s stock valued at $31,505,000 after purchasing an additional 361,025 shares during the last quarter. 37.56% of the stock is currently owned by institutional investors.

CompoSecure Company Profile

CompoSecure is a global provider of secure card and credential solutions, specializing in the design, manufacturing and personalization of payment cards, identification credentials and related services. The company develops a range of card products that include metal cards, composite cards and hybrid designs integrating advanced security features such as EMV chip technology, contactless interfaces and specialized surface treatments. CompoSecure’s offerings are tailored to the needs of banks, credit unions, fintech firms and government agencies seeking to differentiate their cards and enhance consumer engagement.

The company’s product portfolio extends beyond physical cards to encompass digital issuance and lifecycle management solutions.