Investors Purchase High Volume of Compass Put Options (NYSE:COMP)

Compass, Inc. (NYSE:COMP) was the recipient of unusually large options trading on Friday. Stock investors acquired 33,037 put options on the company. This represents an increase of 379% compared to the typical daily volume of 6,892 put options.

Insider Buying and Selling at Compass

In other news, General Counsel Bradley K. Serwin sold 13,065 shares of Compass stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $9.50, for a total value of $124,117.50. Following the sale, the general counsel directly owned 252,221 shares in the company, valued at approximately $2,396,099.50. This trade represents a 4.92% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 4.08% of the company’s stock.

Analysts Set New Price Targets

COMP has been the topic of a number of recent analyst reports. Oppenheimer lifted their price objective on Compass from $10.00 to $11.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Barclays set a $8.00 price objective on Compass and gave the stock an “equal weight” rating in a research report on Thursday, July 31st. UBS Group lifted their price objective on Compass from $10.00 to $11.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Needham & Company LLC reiterated a “buy” rating and issued a $11.00 price objective on shares of Compass in a research report on Tuesday, September 23rd. Finally, Zacks Research upgraded Compass from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 13th. Five research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $9.67.

Compass Stock Up 4.2%

COMP opened at $7.87 on Friday. The stock has a market cap of $4.14 billion, a PE ratio of -78.65 and a beta of 2.57. The business has a 50 day moving average of $8.61 and a 200-day moving average of $7.57. Compass has a 52 week low of $5.10 and a 52 week high of $10.25.

Compass (NYSE:COMP) last released its earnings results on Wednesday, July 30th. The company reported $0.07 EPS for the quarter, meeting analysts’ consensus estimates of $0.07. The company had revenue of $2.06 billion during the quarter, compared to analysts’ expectations of $2.08 billion. Compass had a negative return on equity of 9.70% and a negative net margin of 0.85%. Compass has set its Q3 2025 guidance at EPS. Equities analysts anticipate that Compass will post 0.09 EPS for the current year.

About Compass

Compass, Inc provides real estate brokerage services in the United States. It operates a cloud-based platform that provides an integrated suite of software for customer relationship management, marketing, client service, operations, and other functionality in the real estate industry. The company offers mobile apps that allow agents to manage their business anytime and anywhere, as well as designs consumer-grade user interfaces, automated and simplified workflows for agent-client interactions, and insight-rich dashboards and reports.