Compass, Inc. (NYSE:COMP – Get Free Report) CEO Robert Reffkin sold 23,456 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $7.69, for a total transaction of $180,376.64. Following the completion of the sale, the chief executive officer owned 7,804,660 shares in the company, valued at approximately $60,017,835.40. This trade represents a 0.30% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Compass Stock Down 2.5%
Shares of Compass stock traded down $0.20 during trading on Friday, reaching $7.69. The company had a trading volume of 7,195,862 shares, compared to its average volume of 17,935,207. The company has a market cap of $5.74 billion, a price-to-earnings ratio of 384.25 and a beta of 2.43. The firm’s fifty day moving average is $7.81 and its 200-day moving average is $9.66. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.84 and a current ratio of 0.84. Compass, Inc. has a fifty-two week low of $5.87 and a fifty-two week high of $13.95.
Compass (NYSE:COMP – Get Free Report) last issued its earnings results on Tuesday, May 5th. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.17) by $0.20. The business had revenue of $2.70 billion for the quarter, compared to analyst estimates of $2.67 billion. Compass had a net margin of 0.17% and a return on equity of 1.11%. On average, analysts anticipate that Compass, Inc. will post 0.1 EPS for the current year.
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Compass News Summary
Here are the key news stories impacting Compass this week:
- Negative Sentiment: Compass is reportedly being investigated by the New York Attorney General over antitrust concerns tied to its recently announced megamerger with Anywhere, raising the risk of regulatory action and possible operational constraints. Compass stock plunges after report on antitrust probe by New York Attorney General office
- Negative Sentiment: Media coverage said the antitrust news helped drive a sharp drop in Compass shares, suggesting investors are pricing in legal and deal-related uncertainty rather than focusing on fundamentals. AG’s antitrust probe decimates Compass stock price by nearly 13%
- Neutral Sentiment: Separately, one article referenced Compass in the context of an investor letter and noted the stock fell despite an earnings beat and faster deal closure, but it did not add a new company-specific catalyst beyond the regulatory overhang. Compass (COMP) Fell Despite Earnings Beat and Faster Deal Closure
Compass Company Profile
Compass, Inc is a technology-driven real estate brokerage firm that provides a full suite of services for home buyers, sellers and renters. Utilizing a proprietary software platform, the company equips its network of licensed real estate agents with data analytics, marketing automation and client relationship tools designed to enhance efficiency and transaction transparency.
Founded in 2012 by Ori Allon and Robert Reffkin, Compass has grown from a single office in New York City to serve more than 300 markets across the United States.
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