Insider Buying: CompoSecure, Inc. (NASDAQ:CMPO) Major Shareholder Buys $27,095.70 in Stock

CompoSecure, Inc. (NASDAQ:CMPOGet Rating) major shareholder Lp Bleichroeder bought 5,430 shares of the firm’s stock in a transaction that occurred on Monday, September 19th. The stock was bought at an average cost of $4.99 per share, for a total transaction of $27,095.70. Following the completion of the acquisition, the insider now owns 2,908,940 shares in the company, valued at approximately $14,515,610.60. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Lp Bleichroeder also recently made the following trade(s):

  • On Wednesday, July 27th, Lp Bleichroeder acquired 3,673 shares of CompoSecure stock. The shares were bought at an average cost of $4.99 per share, for a total transaction of $18,328.27.

CompoSecure Trading Down 4.7 %

NASDAQ:CMPO opened at $4.86 on Friday. CompoSecure, Inc. has a 12 month low of $4.72 and a 12 month high of $10.69. The business’s 50-day moving average is $5.77 and its 200 day moving average is $6.44.

Institutional Trading of CompoSecure

Several hedge funds have recently made changes to their positions in CMPO. Royal Bank of Canada lifted its stake in shares of CompoSecure by 120.6% in the 1st quarter. Royal Bank of Canada now owns 4,854 shares of the company’s stock valued at $37,000 after purchasing an additional 2,654 shares during the last quarter. JPMorgan Chase & Co. purchased a new position in CompoSecure during the first quarter worth $38,000. Raymond James Financial Services Advisors Inc. bought a new position in CompoSecure during the first quarter valued at $76,000. Qube Research & Technologies Ltd purchased a new stake in shares of CompoSecure in the first quarter valued at $89,000. Finally, Occudo Quantitative Strategies LP purchased a new position in shares of CompoSecure during the second quarter valued at approximately $77,000. 14.04% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Needham & Company LLC lifted their target price on CompoSecure from $14.00 to $15.00 and gave the company a “buy” rating in a research note on Friday, August 5th.

CompoSecure Company Profile

(Get Rating)

CompoSecure, Inc manufactures and designs metal, plastic, composite ID, 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 comprise the Arculus Key card Cold Storage hardware device and companion Arculus Wallet mobile App to keep the Private Key in the Arculus Key card highly secure and store cryptocurrency and digital assets.

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Insider Buying and Selling by Quarter for CompoSecure (NASDAQ:CMPO)

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