In a filing, Compass Inc revealed its 10% Owner SVF Excalibur (Cayman) Ltd unloaded Company’s shares for reported $36.6 million on Jan 09 ’24. In the deal valued at $3.66 per share,10,000,000 shares were sold. As a result of this transaction, SVF Excalibur (Cayman) Ltd now holds 92,470,273 shares worth roughly $333.82 million.
Then, SVF Excalibur (Cayman) Ltd sold 14,895,000 shares, generating $39,620,700 in total proceeds. Upon selling the shares at $2.66, the 10% Owner now owns 102,470,273 shares.
Before that, Hart Gregory M. sold 24,604 shares. Compass Inc shares valued at $58,843 were divested by the Chief Operating Officer at a price of $2.39 per share. As a result of the transaction, Hart Gregory M. now holds 872,199 shares, worth roughly $3.15 million.
Gordon Haskett downgraded its Compass Inc [COMP] rating to an Underperform from a a Hold in a research note published on February 21, 2024; the price target was decreased to $2.25 from $2.75. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who began to cover the stock in late November with a ‘”a Hold”‘ rating. Needham maintained its rating on July 24, 2023. It rated COMP as “a Buy”.
Price Performance Review of COMP
On Friday, Compass Inc [NYSE:COMP] saw its stock fall -1.90% to $3.61. Over the last five days, the stock has lost -5.25%. Compass Inc shares have fallen nearly -3.99% since the year began. Nevertheless, the stocks have risen 17.97% over the past one year. While a 52-week high of $4.49 was reached on 02/29/24, a 52-week low of $1.82 was recorded on 03/15/24. SMA at 50 days reached $3.60, while 200 days put it at $3.21. A total of 4.87 million shares were traded, compared to the trading of 5.09 million shares in the previous session.
Levels Of Support And Resistance For COMP Stock
The 24-hour chart illustrates a support level at 3.52, which if violated will result in even more drops to 3.44. On the upside, there is a resistance level at 3.70. A further resistance level may holdings at 3.80. The Relative Strength Index (RSI) on the 14-day chart is 50.60, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 47.44%. Stochastics %K at 55.13% indicates the stock is a holding.
