Rowlandmiller & PARTNERS.ADV Buys 2,700 Shares of CompoSecure, Inc. (NASDAQ:CMPO)

Rowlandmiller & PARTNERS.ADV grew its stake in CompoSecure, Inc. (NASDAQ:CMPO) by 25.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,325 shares of the company’s stock after acquiring an additional 2,700 shares during the quarter. Rowlandmiller & PARTNERS.ADV’s holdings in CompoSecure were worth $204,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Verition Fund Management LLC bought a new stake in CompoSecure in the third quarter worth $798,000. Geode Capital Management LLC lifted its holdings in shares of CompoSecure by 34.1% during the third quarter. Geode Capital Management LLC now owns 585,746 shares of the company’s stock valued at $8,214,000 after purchasing an additional 148,833 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of CompoSecure by 555.0% during the third quarter. JPMorgan Chase & Co. now owns 51,949 shares of the company’s stock valued at $728,000 after purchasing an additional 44,018 shares in the last quarter. State Street Corp lifted its holdings in shares of CompoSecure by 20.1% during the third quarter. State Street Corp now owns 395,691 shares of the company’s stock valued at $5,548,000 after purchasing an additional 66,232 shares in the last quarter. Finally, Tyro Capital Management LLC bought a new position in shares of CompoSecure during the third quarter valued at $27,978,000. 37.56% of the stock is owned by institutional investors.

CompoSecure Stock Performance

CMPO stock opened at $16.11 on Monday. CompoSecure, Inc. has a fifty-two week low of $4.61 and a fifty-two week high of $17.71. The business’s 50-day moving average is $15.48 and its two-hundred day moving average is $14.42. The company has a market cap of $1.42 billion, a price-to-earnings ratio of -36.61, a P/E/G ratio of 2.63 and a beta of 0.78.

Analyst Ratings Changes

CMPO has been the topic of a number of research analyst reports. B. Riley upped their price target on CompoSecure from $18.00 to $23.00 and gave the company a “buy” rating in a report on Monday, November 11th. Needham & Company LLC reaffirmed a “buy” rating and set a $16.00 price target on shares of CompoSecure in a report on Monday, November 11th. TD Cowen initiated coverage on CompoSecure in a report on Wednesday, December 18th. They set a “buy” rating and a $20.00 price target on the stock. Benchmark reaffirmed a “buy” rating and set a $17.00 price target on shares of CompoSecure in a report on Tuesday, November 12th. Finally, JPMorgan Chase & Co. increased their target price on CompoSecure from $12.00 to $16.00 and gave the company a “neutral” rating in a report on Monday, December 2nd. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $16.81.

Insider Buying and Selling at CompoSecure

In related news, Director Resolute Compo Holdings Llc purchased 233,070 shares of CompoSecure stock in a transaction on Thursday, February 20th. The stock was acquired at an average price of $16.57 per share, for a total transaction of $3,861,969.90. Following the completion of the transaction, the director now directly owns 879,963 shares in the company, valued at $14,580,986.91. This represents a 36.03 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Adam Joseph Lowe sold 34,310 shares of the company’s stock in a transaction dated Friday, December 6th. The stock was sold at an average price of $16.24, for a total value of $557,194.40. Following the completion of the sale, the insider now owns 1,315,068 shares of the company’s stock, valued at approximately $21,356,704.32. The trade was a 2.54 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have bought 659,376 shares of company stock valued at $10,429,021 and have sold 180,660 shares valued at $2,921,066. 74.99% of the stock is owned by corporate insiders.

CompoSecure Profile

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.