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Keeping an Eye on CompoSecure Inc (CMPO) After Insider Trading Activity

CompoSecure Inc’s filing revealed that its Chief Operating Officer Maes Gregoire unloaded Company’s shares for reported $0.4 million on Nov 27 ’24. In the deal valued at $16.25 per share,24,323 shares were sold. As a result of this transaction, Maes Gregoire now holds 762,009 shares worth roughly $12.31 million.

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Then, Maes Gregoire sold 540 shares, generating $8,748 in total proceeds. Upon selling the shares at $16.20, the Chief Operating Officer now owns 762,009 shares.

Before that, Maes Gregoire bought 540 shares. CompoSecure Inc shares valued at $8,748 were divested by the Officer at a price of $16.20 per share.

BofA Securities initiated its CompoSecure Inc [CMPO] rating to a Buy in a research note published on July 10, 2024; the price target was $9. A number of analysts have revised their coverage, including Lake Street’s analysts, who began to cover the stock in late June with a ‘”a Buy”‘ rating. The Benchmark Company began covering CMPO with “Buy” recommendation on February 13, 2024. JP Morgan revised its rating on December 18, 2023. It rated CMPO as “a Neutral” which previously was an “an Overweight”.

Price Performance Review of CMPO

On Monday, CompoSecure Inc [NASDAQ:CMPO] saw its stock jump 1.25% to $16.15. Over the last five days, the stock has gained 0.69%. CompoSecure Inc shares have risen nearly 213.25% since the year began. Nevertheless, the stocks have risen 238.99% over the past one year. While a 52-week high of $16.38 was reached on 12/02/24, a 52-week low of $4.40 was recorded on 03/05/24. SMA at 50 days reached $14.74, while 200 days put it at $9.45.

Levels Of Support And Resistance For CMPO Stock

The 24-hour chart illustrates a support level at 15.53, which if violated will result in even more drops to 14.91. On the upside, there is a resistance level at 16.58. A further resistance level may holdings at 17.01. The Relative Strength Index (RSI) on the 14-day chart is 62.77, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.91, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 8.66%. Stochastics %K at 90.11% indicates the stock is a selling.

How much short interest is there in CompoSecure Inc?

A steep rise in short interest was recorded in CompoSecure Inc stocks on 2024-11-15, growing by 0.15 million shares to a total of 13.3 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 13.15 million shares. There was a rise of 1.15%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on June 13, 2023 when Berenberg began covering the stock and recommended ‘”a Buy”‘ rating along with a $13 price target.

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