Rowlandmiller & PARTNERS.ADV Purchases 2,700 Shares of CompoSecure, Inc. (NASDAQ:CMPO)

Rowlandmiller & PARTNERS.ADV increased its position in CompoSecure, Inc. (NASDAQ:CMPO) by 25.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,325 shares of the company’s stock after buying an additional 2,700 shares during the quarter. Rowlandmiller & PARTNERS.ADV’s holdings in CompoSecure were worth $204,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of CMPO. CWM LLC lifted its position in CompoSecure by 42.0% in the 3rd quarter. CWM LLC now owns 5,192 shares of the company’s stock worth $73,000 after buying an additional 1,536 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in CompoSecure by 1.7% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 40,944 shares of the company’s stock worth $574,000 after purchasing an additional 701 shares during the period. Rice Hall James & Associates LLC purchased a new position in CompoSecure in the 3rd quarter worth approximately $3,766,000. Principal Financial Group Inc. purchased a new position in CompoSecure in the 3rd quarter worth approximately $146,000. Finally, Wolverine Asset Management LLC purchased a new position in CompoSecure in the 3rd quarter worth approximately $74,000. Institutional investors own 37.56% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on CMPO. Benchmark reaffirmed a “buy” rating and issued a $17.00 price target on shares of CompoSecure in a research note on Tuesday, November 12th. Needham & Company LLC reaffirmed a “buy” rating and issued a $16.00 price target on shares of CompoSecure in a research note on Monday, November 11th. TD Cowen began coverage on CompoSecure in a research note on Wednesday, December 18th. They issued a “buy” rating and a $20.00 price target on the stock. JPMorgan Chase & Co. lifted their price target on CompoSecure from $12.00 to $16.00 and gave the stock a “neutral” rating in a research note on Monday, December 2nd. Finally, B. Riley boosted their target price on CompoSecure from $18.00 to $23.00 and gave the company a “buy” rating in a research note on Monday, November 11th. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, CompoSecure presently has a consensus rating of “Moderate Buy” and a consensus target price of $16.81.

Insider Activity

In related news, insider Adam Joseph Lowe sold 34,310 shares of the company’s stock in a transaction on Friday, December 6th. The stock was sold at an average price of $16.24, for a total value of $557,194.40. Following the sale, the insider now directly owns 1,315,068 shares of the company’s stock, valued at $21,356,704.32. This represents a 2.54 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Resolute Compo Holdings Llc purchased 233,070 shares of CompoSecure stock in a transaction that occurred on Thursday, February 20th. The stock was purchased at an average cost of $16.57 per share, for a total transaction of $3,861,969.90. Following the completion of the purchase, the director now owns 879,963 shares of the company’s stock, valued at $14,580,986.91. This trade represents a 36.03 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders have acquired 659,376 shares of company stock valued at $10,429,021 and have sold 180,660 shares valued at $2,921,066. Insiders own 74.99% of the company’s stock.

CompoSecure Stock Performance

CMPO opened at $16.11 on Monday. CompoSecure, Inc. has a 52-week low of $4.61 and a 52-week high of $17.71. The stock has a market capitalization of $1.42 billion, a PE ratio of -36.61, a price-to-earnings-growth ratio of 2.63 and a beta of 0.78. The stock’s 50 day moving average price is $15.48 and its 200-day moving average price is $14.42.

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.