Composecure (NYSE:GPGI) Director Kevin Moriarty Acquires 3,956 Shares

Composecure, Inc. (NYSE:GPGIGet Free Report) Director Kevin Moriarty purchased 3,956 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were acquired at an average price of $12.64 per share, with a total value of $50,003.84. Following the transaction, the director owned 71,011 shares in the company, valued at approximately $897,579.04. The trade was a 5.90% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Composecure Stock Performance

Shares of GPGI traded down $0.28 during trading hours on Thursday, reaching $11.99. 1,593,212 shares of the company’s stock traded hands, compared to its average volume of 3,663,629. The company has a market capitalization of $3.48 billion, a PE ratio of -5.00 and a beta of 0.98. The firm’s 50 day simple moving average is $15.40. Composecure, Inc. has a 12 month low of $11.39 and a 12 month high of $26.78.

Composecure (NYSE:GPGIGet Free Report) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.03. The firm had revenue of $421.20 million during the quarter. Composecure had a positive return on equity of 12.59% and a negative net margin of 56.76%.During the same quarter last year, the business posted $0.25 EPS.

Composecure Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Monday, May 18th will be given a dividend of $0.0025 per share. This represents a $0.01 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Monday, May 18th. Composecure’s dividend payout ratio (DPR) is -0.42%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on GPGI. Needham & Company LLC reissued a “buy” rating on shares of Composecure in a report on Wednesday, March 25th. JPMorgan Chase & Co. decreased their price objective on Composecure from $22.00 to $15.00 and set a “neutral” rating on the stock in a report on Friday, May 15th. Wall Street Zen cut Composecure from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Finally, Weiss Ratings began coverage on Composecure in a report on Monday, March 16th. They set a “sell (d-)” rating on the stock. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Composecure currently has a consensus rating of “Hold” and an average price target of $15.00.

Check Out Our Latest Analysis on Composecure

About Composecure

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CompoSecure, Inc manufactures and designs metal, plastic, composite ID, 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 comprise the Arculus Key card Cold Storage hardware device and companion Arculus Wallet mobile App to keep the Private Key in the Arculus Key card highly secure and store cryptocurrency and digital assets.

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