Two Sigma Investments LP Has $10.75 Million Stock Position in CompoSecure, Inc. (NASDAQ:CMPO)

Two Sigma Investments LP trimmed its position in CompoSecure, Inc. (NASDAQ:CMPO) by 8.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 701,127 shares of the company’s stock after selling 67,999 shares during the quarter. Two Sigma Investments LP’s holdings in CompoSecure were worth $10,748,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of CMPO. JPMorgan Chase & Co. lifted its stake in shares of CompoSecure by 555.0% in the third quarter. JPMorgan Chase & Co. now owns 51,949 shares of the company’s stock worth $728,000 after buying an additional 44,018 shares during the last quarter. Allspring Global Investments Holdings LLC acquired a new stake in shares of CompoSecure in the fourth quarter worth $526,000. Rhumbline Advisers lifted its stake in shares of CompoSecure by 32.7% in the fourth quarter. Rhumbline Advisers now owns 34,135 shares of the company’s stock worth $523,000 after buying an additional 8,411 shares during the last quarter. Principal Financial Group Inc. increased its position in CompoSecure by 9.3% during the fourth quarter. Principal Financial Group Inc. now owns 11,399 shares of the company’s stock worth $175,000 after acquiring an additional 967 shares during the period. Finally, Truist Financial Corp increased its position in CompoSecure by 286.9% during the fourth quarter. Truist Financial Corp now owns 48,368 shares of the company’s stock worth $741,000 after acquiring an additional 35,868 shares during the period. 37.56% of the stock is currently owned by institutional investors and hedge funds.

CompoSecure Price Performance

Shares of CompoSecure stock opened at $13.22 on Friday. The firm has a market capitalization of $1.35 billion, a PE ratio of -30.05, a price-to-earnings-growth ratio of 2.63 and a beta of 0.87. The company’s fifty day moving average price is $11.18 and its two-hundred day moving average price is $13.64. CompoSecure, Inc. has a 52-week low of $5.98 and a 52-week high of $17.71.

CompoSecure (NASDAQ:CMPO) last posted its earnings results on Monday, May 12th. The company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.06. CompoSecure had a negative net margin of 5.63% and a negative return on equity of 14.87%. The business had revenue of $103.90 million for the quarter, compared to analyst estimates of $103.22 million. Analysts predict that CompoSecure, Inc. will post 1.02 earnings per share for the current fiscal year.

Insider Transactions at CompoSecure

In other news, insider Adam Joseph Lowe sold 5,000 shares of the company’s stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $11.01, for a total value of $55,050.00. Following the sale, the insider now owns 1,481,036 shares of the company’s stock, valued at approximately $16,306,206.36. This represents a 0.34% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Joseph J. Deangelo bought 45,045 shares of the stock in a transaction dated Monday, March 17th. The stock was purchased at an average cost of $11.12 per share, for a total transaction of $500,900.40. Following the acquisition, the director now owns 45,045 shares in the company, valued at $500,900.40. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders have sold 34,340 shares of company stock valued at $430,701. 74.99% of the stock is owned by insiders.

Analyst Ratings Changes

CMPO has been the topic of a number of research reports. Wall Street Zen lowered shares of CompoSecure from a “buy” rating to a “hold” rating in a research report on Thursday. Needham & Company LLC reaffirmed a “buy” rating and set a $15.00 target price on shares of CompoSecure in a research report on Tuesday, May 13th. JPMorgan Chase & Co. dropped their target price on shares of CompoSecure from $16.00 to $15.00 and set a “neutral” rating on the stock in a research report on Thursday, March 6th. Finally, Lake Street Capital dropped their target price on shares of CompoSecure from $18.00 to $15.00 and set a “buy” rating on the stock in a research report on Thursday, March 6th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, CompoSecure currently has an average rating of “Moderate Buy” and an average target price of $16.19.

CompoSecure Profile

CompoSecure, Inc manufactures and designs metal, composite, 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 supports specific digital assets, including Bitcoin, Ethereum, non-fungible tokens and others.