Compass Diversified Holdings (NYSE:CODI – Get Free Report) insider Teri Shaffer purchased 11,881 shares of the business’s stock in a transaction that occurred on Wednesday, August 12th. The shares were bought at an average price of $12.25 per share, for a total transaction of $145,542.25. Following the completion of the purchase, the insider directly owned 13,201 shares in the company, valued at $161,712.25. This represents a 900.08% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Compass Diversified Stock Performance
NYSE CODI traded up $0.42 during trading hours on Friday, hitting $12.70. The company had a trading volume of 1,063,399 shares, compared to its average volume of 1,105,218. The business has a 50 day moving average of $10.44 and a 200-day moving average of $9.41. The company has a debt-to-equity ratio of 34.60, a quick ratio of 1.56 and a current ratio of 2.67. Compass Diversified Holdings has a 1-year low of $4.58 and a 1-year high of $13.25. The company has a market cap of $955.40 million, a PE ratio of -5.85 and a beta of 1.27.
Compass Diversified (NYSE:CODI – Get Free Report) last released its quarterly earnings results on Monday, August 10th. The financial services provider reported ($0.09) earnings per share (EPS) for the quarter. Compass Diversified had a negative return on equity of 9.53% and a negative net margin of 5.38%.The firm had revenue of $424.04 million for the quarter. As a group, equities research analysts expect that Compass Diversified Holdings will post 0.22 EPS for the current year.
Hedge Funds Weigh In On Compass Diversified
Compass Diversified News Roundup
Here are the key news stories impacting Compass Diversified this week:
- Positive Sentiment: Analyst upgrades and higher targets: B. Riley Financial upgraded CODI from “Neutral” to “Buy” and raised its price target from $11 to $15. TD Cowen increased its target from $12.50 to $18 and maintained a “Buy” rating, while UBS also set an $18 target. The higher targets are above recent trading levels and likely improved investor sentiment. B. Riley Financial upgrades Compass Diversified
- Positive Sentiment: Multiple insider purchases: Zachary T. Sawtelle bought 25,000 shares for approximately $299,750 on August 12 and another 7,000 shares for $87,150 on August 13. Stephen Keller purchased 10,000 shares for about $120,100. The transactions materially increased their ownership and may signal that insiders believe CODI is undervalued or expect a business recovery. SEC insider ownership filing
- Positive Sentiment: Turnaround and transaction optimism: Reports have highlighted a $292 million sale and potential management-fee savings, reinforcing the possibility of improved liquidity, lower expenses and stronger portfolio performance. Compass Diversified’s $292 million sale
- Neutral Sentiment: Unusual options activity: Elevated options volume shows increased attention around CODI and could amplify near-term volatility, but it does not establish a clear bullish or bearish direction. Unusual options trading in Compass Diversified
- Negative Sentiment: Losses remain a risk: CODI reported a quarterly loss of $0.09 per share, negative net margin and negative return on equity. Its recovery case therefore depends on successfully improving portfolio-company performance and converting recent strategic developments into sustained earnings.
Analyst Ratings Changes
Several brokerages have issued reports on CODI. Weiss Ratings reissued a “sell (d-)” rating on shares of Compass Diversified in a research report on Friday, July 17th. TD Cowen increased their target price on shares of Compass Diversified from $12.50 to $18.00 and gave the stock a “buy” rating in a research note on Tuesday. UBS Group set a $18.00 price target on Compass Diversified in a report on Tuesday. Finally, B. Riley Financial upgraded Compass Diversified from a “neutral” rating to a “buy” rating and boosted their price target for the company from $11.00 to $15.00 in a research report on Tuesday. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Compass Diversified currently has an average rating of “Hold” and a consensus price target of $16.50.
Check Out Our Latest Research Report on Compass Diversified
About Compass Diversified
Compass Diversified Holdings (NYSE:CODI) is a publicly traded private equity company headquartered in Bethesda, Maryland. The firm specializes in acquiring and managing middle-market businesses across a variety of industries, with a focus on driving operational performance and sustainable growth. As an externally managed entity, Compass Diversified leverages a disciplined investment approach to build a portfolio of market-leading companies that benefit from strategic oversight, capital support and shared best practices.
Compass Diversified’s investment activities span five core sectors: branded consumer, consumer services, differentiated industrial products, value-added distribution and business services.
Read More
- Five stocks we like better than Compass Diversified
- Sony and TSMC’s $4.7 Billion Venture Is About More Than Camera Sensors
- Quantum Leaps: Debt-Free as AI Storage Demand Accelerates
- NVIDIA’s $500 Billion GPU Financing Deal Fuels Path Toward $270
- Sandisk’s Margins Look Like Software. Can They Last?
Receive News & Ratings for Compass Diversified Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Compass Diversified and related companies with MarketBeat.com's FREE daily email newsletter.
