KD Logo

The Potential Rise in the Price of Compass Inc (COMP) following insiders activity

In a filing, Compass Inc revealed its Chairman and CEO Reffkin Robert L. unloaded Company’s shares for reported $4.05 million on Nov 19 ’24. In the deal valued at $6.20 per share,653,444 shares were sold. As a result of this transaction, Reffkin Robert L. now holds 0 shares worth roughly $0.0.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Reffkin Robert L. sold 496,302 shares, generating $3,065,757 in total proceeds. Upon selling the shares at $6.18, the Chairman and CEO now owns 653,444 shares.

Before that, Reffkin Robert L. sold 245,856 shares. Compass Inc shares valued at $1,700,389 were divested by the Chairman and CEO at a price of $6.92 per share. As a result of the transaction, Reffkin Robert L. now holds 1,149,746 shares, worth roughly $7.85 million.

Gordon Haskett upgraded its Compass Inc [COMP] rating to a Hold from a an Underperform in a research note published on June 25, 2024; the price target was increased to $3.75 from $3. A number of analysts have revised their coverage, including Gordon Haskett’s analysts, who decreased its forecast for the stock in late February from “a Hold” to “an Underperform”. Deutsche Bank began covering COMP with “Hold” recommendation on November 21, 2023.

Price Performance Review of COMP

On Friday, Compass Inc [NYSE:COMP] saw its stock jump 1.49% to $6.83. Over the last five days, the stock has gained 8.07%. Compass Inc shares have risen nearly 81.65% since the year began. Nevertheless, the stocks have risen 223.70% over the past one year. While a 52-week high of $7.01 was reached on 11/06/24, a 52-week low of $2.04 was recorded on 03/15/24. SMA at 50 days reached $6.17, while 200 days put it at $4.53.

Levels Of Support And Resistance For COMP Stock

The 24-hour chart illustrates a support level at 6.65, which if violated will result in even more drops to 6.48. On the upside, there is a resistance level at 6.97. A further resistance level may holdings at 7.12. The Relative Strength Index (RSI) on the 14-day chart is 60.93, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 19.15%. Stochastics %K at 63.48% 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 2024-10-31, growing by 0.74 million shares to a total of 19.09 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 18.35 million shares. There was a rise of 3.86%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on July 24, 2023 when Needham resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $5.50.

Most Popular