CompoSecure, Inc. (NASDAQ: CMPO – Get a rating) major shareholder Lp Bleichroeder purchased 5,430 CompoSecure shares in a transaction on Monday, September 19. The shares were acquired at an average cost of $4.99 per share, with a total value of $27,095.70. Following the completion of the transaction, the insider now directly owns 2,908,940 shares of the company, valued at approximately $14,515,610.60. The transaction was disclosed in a document filed with the SEC, accessible via this link. Large shareholders who own at least 10% of a company’s stock are required to disclose their transactions with the SEC.
Lp Bleichroeder also recently made the following trade(s):
- On Wednesday July 27, Lp Bleichroeder acquired 3,673 CompoSecure shares. The shares were acquired at an average cost of $4.99 per share, for a total transaction of $18,328.27.
CompoSecure price performance
Shares of NASDAQ:CMPO traded down $0.15 during Tuesday’s trading, hitting $4.97. 54,115 shares of the stock were traded, against an average volume of 139,270. The company has a fifty-day moving average price of $5.79 and a two-hundred-day moving average price of $6.48. CompoSecure, Inc. has a 52-week low of $4.72 and a 52-week high of $10.69.
Analyst upgrades and downgrades
Separately, Needham & Company LLC raised its target price on CompoSecure shares from $14.00 to $15.00 and gave the company a “buy” rating in a Friday, August 5 research report.
CompoSecure Institutional Trading
Several hedge funds and other institutional investors have recently increased or reduced their stake in CMPO. Bleichroeder LP acquired a new position in shares of CompoSecure in the first quarter worth approximately $11,351,000. Toroso Investments LLC acquired a new stake in CompoSecure in the fourth quarter valued at approximately $10,905,000. Whitebox Advisors LLC purchased a new equity stake in CompoSecure in the fourth quarter valued at approximately $4,105,000. Tikvah Management LLC acquired a new stock position in CompoSecure during Q1 worth approximately $3,783,000. Finally, Ghisallo Capital Management LLC acquired a new stake in CompoSecure in the 4th quarter at a value of $3,284,000. Institutional investors and hedge funds hold 14.04% of the company’s shares.
CompoSecure, Inc manufactures and designs proprietary metal, plastic, composite, and financial transaction ID cards in the United States and around the world. Its major metal form factors include integrated, lightweight metal-clad, metal-clad, and all-metal products. The company also offers Arculus Cold Storage Wallet, a three-factor authentication solution, which includes the Arculus Key Card Cold Storage hardware device and the Arculus Wallet mobile app to hold the private key in the highly secure Arculus Key card and store the cryptocurrency and digital assets. .
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