Stock Traders Purchase High Volume of Compass Call Options (NYSE:COMP)

Compass, Inc. (NYSE:COMPGet Free Report) was the recipient of some unusual options trading activity on Friday. Stock traders bought 26,599 call options on the stock. This represents an increase of 412% compared to the typical daily volume of 5,200 call options.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Barclays lowered their price objective on Compass from $15.00 to $12.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 8th. Wells Fargo & Company decreased their price target on shares of Compass from $12.00 to $9.00 and set an “equal weight” rating on the stock in a research note on Monday, April 6th. Weiss Ratings raised shares of Compass from a “sell (d-)” rating to a “sell (d+)” rating in a research report on Monday, May 11th. UBS Group cut their price objective on shares of Compass from $17.00 to $12.00 and set a “buy” rating for the company in a report on Tuesday, April 28th. Finally, The Goldman Sachs Group restated a “neutral” rating on shares of Compass in a research report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $12.63.

Read Our Latest Analysis on Compass

Insider Buying and Selling at Compass

In related news, CEO Robert L. 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 value of $180,376.64. Following the transaction, the chief executive officer owned 7,804,660 shares in the company, valued at approximately $60,017,835.40. This represents a 0.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.85% of the stock is owned by insiders.

Compass Price Performance

NYSE:COMP traded up $0.15 during trading hours on Friday, hitting $8.60. The company’s stock had a trading volume of 9,342,746 shares, compared to its average volume of 11,740,196. The stock has a fifty day simple moving average of $7.90 and a 200-day simple moving average of $9.60. Compass has a twelve month low of $5.87 and a twelve month high of $13.95. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.84 and a quick ratio of 0.84. The company has a market capitalization of $6.42 billion, a P/E ratio of 429.80 and a beta of 2.43.

Compass (NYSE:COMPGet Free Report) last issued its earnings results on Tuesday, May 5th. The company reported $0.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.17) by $0.20. Compass had a return on equity of 1.11% and a net margin of 0.17%.The business had revenue of $2.70 billion during the quarter, compared to analysts’ expectations of $2.67 billion. On average, analysts anticipate that Compass will post 0.1 EPS for the current fiscal year.

About Compass

(Get Free Report)

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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