Penn Capital Management Company LLC lowered its stake in shares of Compass, Inc. (NYSE:COMP – Free Report) by 7.4% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 1,855,816 shares of the company’s stock after selling 148,121 shares during the period. Penn Capital Management Company LLC’s holdings in Compass were worth $16,510,000 at the end of the most recent reporting period.
A number of other hedge funds also recently made changes to their positions in the stock. Wellington Management Group LLP purchased a new position in Compass in the second quarter worth $41,838,000. Irenic Capital Management LP bought a new position in Compass in the second quarter valued at $22,156,000. Readystate Asset Management LP bought a new position in Compass in the second quarter valued at $20,237,000. Steamboat Capital Partners LLC purchased a new stake in Compass during the second quarter valued at about $17,069,000. Finally, Squarepoint Ops LLC purchased a new stake in Compass during the second quarter valued at about $10,232,000. 67.05% of the stock is owned by institutional investors.
Compass News Roundup
Here are the key news stories impacting Compass this week:
- Neutral Sentiment: Compass says MLS data is being “weaponized,” but industry experts argue the issue is more complicated. The debate around recruiting data and MLS rules could create uncertainty, though the report does not identify a specific financial impact. Article: Compass says MLS data is being weaponized
- Negative Sentiment: Several law firms publicized securities class actions involving Compass. Claims include alleged omissions or misstatements in materials for Compass’s January 2026 acquisition of Anywhere Real Estate, including allegations concerning antitrust compliance and DOJ review. The suits could add legal costs and investor uncertainty; eligible investors have been given lead-plaintiff deadlines in early December. These are allegations, not proven misconduct. Article: Compass securities class action announcement Article: Class action filed alleging investor harm
- Negative Sentiment: BTIG Research, Wells Fargo and Barclays each cut their price targets for Compass, signaling reduced analyst expectations. The reports provided do not specify the revised targets or rationales. Article: BTIG cuts Compass price target Article: Wells Fargo cuts Compass price target Article: Barclays cuts Compass price target
Compass Stock Performance
Compass stock opened at $10.73 on Tuesday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.05. The company has a market capitalization of $8.13 billion, a PE ratio of 76.67 and a beta of 2.39. The firm has a fifty day simple moving average of $9.73 and a two-hundred day simple moving average of $9.88. Compass, Inc. has a twelve month low of $6.37 and a twelve month high of $13.95.
Compass (NYSE:COMP – Get Free Report) last posted its quarterly earnings results on Thursday, November 5th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.03. Compass had a net margin of 0.63% and a return on equity of 3.62%. The business had revenue of $3.90 billion during the quarter, compared to analyst estimates of $3.90 billion. Research analysts expect that Compass, Inc. will post 0.16 EPS for the current year.
Analysts Set New Price Targets
Several equities research analysts have issued reports on the company. The Goldman Sachs Group lifted their price target on Compass from $10.50 to $12.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 5th. BTIG Research reduced their price objective on Compass from $15.00 to $13.00 and set a “buy” rating on the stock in a research report on Friday. Zelman & Associates upgraded Compass from a “buy” rating to an “outperform” rating in a research report on Wednesday, October 21st. Oppenheimer boosted their target price on Compass from $15.00 to $18.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. Finally, Wells Fargo & Company cut their target price on Compass from $10.00 to $9.00 and set an “equal weight” rating for the company in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, Compass has a consensus rating of “Moderate Buy” and a consensus target price of $13.07.
Read Our Latest Stock Analysis on Compass
Compass Company Profile
Compass, Inc is a technology-enabled residential real estate brokerage that helps clients buy and sell homes through a network of real estate agents. The company combines traditional brokerage services with digital tools designed to support agents and their clients throughout a transaction.
Its platform includes tools for managing client relationships, marketing property listings, coordinating transactions and accessing real estate data. Compass also provides agents with services and technology intended to help them build their businesses and serve buyers and sellers.
Founded in 2012, Compass is headquartered in New York City and operates in real estate markets across the United States.
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