Compass, Inc. (NYSE:COMP) General Counsel Bradley K. Serwin Sells 137,472 Shares

Compass, Inc. (NYSE:COMP) General Counsel Bradley K. Serwin sold 137,472 shares of the firm’s stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $9.16, for a total value of $1,259,243.52. Following the transaction, the general counsel now owns 221,595 shares in the company, valued at $2,029,810.20. This represents a 38.29 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Compass Price Performance

COMP opened at $9.01 on Monday. The business has a 50 day simple moving average of $6.80 and a 200-day simple moving average of $6.29. The stock has a market capitalization of $4.60 billion, a P/E ratio of -29.05 and a beta of 2.95. Compass, Inc. has a 12 month low of $2.89 and a 12 month high of $10.25.

Compass (NYSE:COMP) last posted its quarterly earnings results on Tuesday, February 18th. The company reported ($0.08) EPS for the quarter, beating the consensus estimate of ($0.10) by $0.02. The business had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $1.38 billion. Compass had a negative return on equity of 39.72% and a negative net margin of 2.74%. During the same period last year, the firm earned ($0.09) EPS. Research analysts anticipate that Compass, Inc. will post 0.09 EPS for the current year.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. UBS Group raised their price target on Compass from $11.00 to $12.00 and gave the stock a “buy” rating in a research note on Wednesday, February 19th. Needham & Company LLC lifted their target price on Compass from $10.00 to $12.00 and gave the company a “buy” rating in a research note on Wednesday, February 19th. Oppenheimer lifted their target price on Compass from $12.00 to $13.00 and gave the company an “outperform” rating in a research note on Wednesday, February 19th. Barclays lifted their target price on Compass from $6.00 to $7.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 11th. Finally, The Goldman Sachs Group lifted their target price on Compass from $8.00 to $9.00 and gave the company a “buy” rating in a research note on Wednesday, February 19th. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, Compass currently has a consensus rating of “Moderate Buy” and an average target price of $8.69.

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.