State of Wyoming Has $1.57 Million Stock Position in CompoSecure, Inc. (NASDAQ:CMPO)

State of Wyoming lowered its stake in shares of CompoSecure, Inc. (NASDAQ:CMPO) by 34.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 102,648 shares of the company’s stock after selling 53,587 shares during the quarter. State of Wyoming’s holdings in CompoSecure were worth $1,574,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Barclays PLC boosted its holdings in shares of CompoSecure by 474.6% in the 3rd quarter. Barclays PLC now owns 34,754 shares of the company’s stock valued at $488,000 after purchasing an additional 28,706 shares in the last quarter. JPMorgan Chase & Co. raised its position in CompoSecure by 555.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 51,949 shares of the company’s stock worth $728,000 after purchasing an additional 44,018 shares during the last quarter. Ritholtz Wealth Management boosted its stake in shares of CompoSecure by 14.2% in the 4th quarter. Ritholtz Wealth Management now owns 48,976 shares of the company’s stock valued at $751,000 after purchasing an additional 6,104 shares during the last quarter. Solidarity Wealth LLC bought a new stake in CompoSecure during the fourth quarter valued at $2,152,000. Finally, Clear Harbor Asset Management LLC acquired a new stake in CompoSecure during the 4th quarter worth about $162,000. Institutional investors and hedge funds own 37.56% of the company’s stock.

CompoSecure Price Performance

CMPO opened at $12.80 on Friday. CompoSecure, Inc. has a 1 year low of $5.98 and a 1 year high of $17.71. The company has a market capitalization of $1.31 billion, a price-to-earnings ratio of -29.09, a P/E/G ratio of 2.63 and a beta of 0.87. The firm’s fifty day moving average price is $11.00 and its two-hundred day moving average price is $13.71.

CompoSecure (NASDAQ:CMPO) last issued its quarterly earnings results on Monday, May 12th. The company reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.06. The company had revenue of $103.90 million for the quarter, compared to the consensus estimate 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 anticipate that CompoSecure, Inc. will post 1.02 EPS for the current year.

Insider Transactions at CompoSecure

In other news, CRO Amanda Mandy Gourbault sold 9,622 shares of the company’s stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $16.09, for a total value of $154,817.98. Following the completion of the transaction, the executive now directly owns 821,782 shares in the company, valued at approximately $13,222,472.38. This represents a 1.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Adam Joseph Lowe sold 5,000 shares of the stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $11.01, for a total transaction of $55,050.00. Following the transaction, the insider now owns 1,481,036 shares in the company, valued at $16,306,206.36. The trade was a 0.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 34,340 shares of company stock worth $430,701. 74.99% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

CMPO has been the topic of a number of research analyst reports. Lake Street Capital cut 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. Needham & Company LLC reiterated a “buy” rating and issued a $15.00 target price on shares of CompoSecure in a report on Tuesday, May 13th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of CompoSecure from $16.00 to $15.00 and set a “neutral” rating on the stock in a report on Thursday, March 6th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus 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.