Compass Inc. (COMP) may enjoy gains as insiders got busy in the recent days

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Compass Inc.’s recent filing unveils that its President, Customer Success Wilkie Danielle J. unloaded Company’s shares for reported $2980.0 on Dec 05. In the deal valued at $2.67 per share,1,116 shares were sold. As a result of this transaction, Wilkie Danielle J. now holds 604 shares worth roughly $ 1963.0.


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Then, Wilkie Danielle J. sold 6,464 shares, generating $13,890 in total proceeds. Upon selling the shares at $2.15, the President, Customer Success now owns 604 shares.

Before that, Wilkie Danielle J. sold 1,109 shares. Compass Inc. shares valued at $3,161 were divested by the President, Customer Success at a price of $2.85 per share. As a result of the transaction, Wilkie Danielle J. now holds 604 shares, worth roughly $1963.0.

UBS initiated its Compass Inc. [COMP] rating to a Neutral in a research note published on Tuesday, December 02, 2022; the price target was $2.75. PT values the company’s stock at a premium of -18.18 to its Tuesday closing price. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in late July from “an Overweight” to “an Equal-weight”. Compass Point began covering COMP with “Buy” recommendation on June 21, 2022. Oppenheimer maintained its rating on June 15, 2022. It rated COMP as “an Outperform”.

Price Performance Review of COMP

On Tuesday, Compass Inc. [NYSE:COMP] saw its stock fall -3.27% to $3.25. On the same session, the stock had its day’s lowest price of $3.21, but rose to a high of $3.365. Over the last five days, the stock has lost -9.97%. Compass Inc. shares have risen nearly 39.48% since the year began. Nevertheless, the stocks have fallen -53.44% over the past one year. While a 52-week high of $8.35 was reached on 02/02/23, a 52-week low of $1.84 was recorded on 01/03/23. SMA at 50 days reached $3.43, while 200 days put it at $3.48. A total of 3.84 million shares were traded, compared to the trading of 5.1 million shares in the previous session.

Levels Of Support And Resistance For COMP Stock

The 24-hour chart illustrates a support level at 3.18, which if violated will result in even more drops to 3.12. On the upside, there is a resistance level at 3.34. A further resistance level may holdings at 3.43. The Relative Strength Index (RSI) on the 14-day chart is 42.48, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.22%. Stochastics %K at 33.33% indicates the stock is a holding.

How much short interest is there in Compass Inc.?

A steep rise in short interest was recorded in Compass Inc. stocks on Jan 30, 2023, growing by 4.3 million shares to a total of 17.65 million shares. Yahoo Finance data shows the prior-month short interest on Dec 29, 2022 was 13.35 million shares. There was a rise of 24.36%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 6.59% of the overall stock float, the days-to-cover ratio (short ratio) rose to 5.44.

Compass Inc. [COMP] – Who Are The Largest Shareholders?

In filings from The Vanguard Group, Inc., it is revealed that the company now owns 37,983,625 shares, or roughly 9.05% of the outstanding COMP shares. In other words, the investor’s shares have risen by 342,192 from its previous 13-F filing of 37641433.0. Additionally, Antipodes Partners Ltd. increased 38.83% of its stake after which the total value it holdings stand at $81,587,584, while BlackRock Fund Advisors added 37.68% of its stake to hold $62.53 million in the firm. Over the last quarter, Senvest Management LLC purchased 1,324,964 shares of Compass Inc., while Winslow Capital Management LLC bought -614,292 shares. At present, SSgA Funds Management, Inc. is holding 5,357,254 shares valued at $21.54 million. Geode Capital Management LLC owned 5,039,153 shares of the company at the time of its most recent 13F filing, worth $20.26 million.

The most recent change occurred on January 11, 2022 when Berenberg began covering the stock and recommended ‘”a Buy”‘ rating along with a $11 price target.

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