Rowlandmiller & PARTNERS.ADV Has $196,000 Stake in CompoSecure, Inc. (NASDAQ:CMPO)

Rowlandmiller & PARTNERS.ADV boosted its holdings in shares of CompoSecure, Inc. (NASDAQ:CMPO) by 35.3% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,025 shares of the company’s stock after purchasing an additional 4,700 shares during the period. Rowlandmiller & PARTNERS.ADV’s holdings in CompoSecure were worth $196,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC acquired a new stake in shares of CompoSecure in the 4th quarter valued at $526,000. Rhumbline Advisers lifted its holdings in CompoSecure by 32.7% during the fourth quarter. Rhumbline Advisers now owns 34,135 shares of the company’s stock worth $523,000 after acquiring an additional 8,411 shares in the last quarter. Principal Financial Group Inc. lifted its holdings 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 in the last quarter. Truist Financial Corp raised its stake in shares of CompoSecure by 286.9% in the 4th quarter. Truist Financial Corp now owns 48,368 shares of the company’s stock valued at $741,000 after purchasing an additional 35,868 shares during the period. Finally, Wolverine Asset Management LLC increased its position in CompoSecure by 76.3% during the fourth quarter. Wolverine Asset Management LLC now owns 9,335 shares of the company’s stock worth $143,000 after buying an additional 4,039 shares during the last quarter. 37.56% of the stock is owned by institutional investors and hedge funds.

CompoSecure Price Performance

NASDAQ CMPO opened at $13.68 on Wednesday. The business has a fifty day moving average price of $11.78 and a two-hundred day moving average price of $13.54. The stock has a market capitalization of $1.40 billion, a PE ratio of -31.09, a PEG ratio of 2.63 and a beta of 0.95. CompoSecure, Inc. has a fifty-two week low of $6.13 and a fifty-two week high of $17.71.

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

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Needham & Company LLC reaffirmed a “buy” rating and issued a $15.00 target price on shares of CompoSecure in a research report on Tuesday, May 13th. Wall Street Zen downgraded CompoSecure from a “buy” rating to a “hold” rating in a research report on Thursday, May 22nd. JPMorgan Chase & Co. decreased their target price on 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 decreased their target price on CompoSecure from $18.00 to $15.00 and set a “buy” rating on the stock in a research report on Thursday, March 6th. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $16.19.

Insiders Place Their Bets

In other CompoSecure news, insider Adam Joseph Lowe sold 5,000 shares of the stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $11.01, for a total transaction of $55,050.00. Following the completion of the sale, the insider now directly owns 1,481,036 shares in the company, valued at approximately $16,306,206.36. This trade represents a 0.34% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Joseph J. Deangelo bought 45,045 shares of CompoSecure stock in a transaction dated Monday, March 17th. The stock was purchased at an average price of $11.12 per share, with a total value of $500,900.40. Following the completion of the purchase, the director now owns 45,045 shares in the company, valued at $500,900.40. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 52.10% of the company’s stock.

About CompoSecure

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.