Compass, Inc. (NYSE:COMP) CEO Sells $4,756,917.63 in Stock

Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin sold 804,893 shares of the stock in a transaction on Monday, January 6th. The shares were sold at an average price of $5.91, for a total value of $4,756,917.63. Following the completion of the sale, the chief executive officer now owns 2,145,791 shares of the company’s stock, valued at $12,681,624.81. The trade was a 27.28 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Compass Stock Performance

Shares of Compass stock remained flat at $5.59 during midday trading on Wednesday. 4,509,309 shares of the stock were exchanged, compared to its average volume of 4,302,402. The stock has a market capitalization of $2.85 billion, a P/E ratio of -13.97 and a beta of 2.92. Compass, Inc. has a fifty-two week low of $2.89 and a fifty-two week high of $7.69. The firm has a 50 day moving average of $6.51 and a 200 day moving average of $5.56.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on COMP shares. The Goldman Sachs Group increased their price objective on Compass from $7.00 to $8.00 and gave the stock a “buy” rating in a research note on Tuesday, December 3rd. Barclays increased their price target on shares of Compass from $6.00 to $7.00 and gave the stock an “equal weight” rating in a research report on Wednesday, December 11th. Needham & Company LLC reiterated a “buy” rating and issued a $8.00 price objective on shares of Compass in a research note on Tuesday, December 3rd. Oppenheimer lifted their target price on shares of Compass from $8.50 to $9.50 and gave the company an “outperform” rating in a research note on Tuesday, December 3rd. Finally, UBS Group upped their price target on shares of Compass from $4.40 to $6.50 and gave the stock a “neutral” rating in a research note on Tuesday, October 22nd. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Compass has a consensus rating of “Moderate Buy” and a consensus price target of $6.72.

Compass Company Profile

Compass, Inc provides real estate brokerage services in the United States. It operates a cloud-based platform that provides an integrated suite of software for customer relationship management, marketing, client service, operations, and other functionality in the real estate industry. The company offers mobile apps that allow agents to manage their business anytime and anywhere, as well as designs consumer-grade user interfaces, automated and simplified workflows for agent-client interactions, and insight-rich dashboards and reports.