Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. CompoSecure Inc shares valued at $1,055,796 were sold by Lowe Adam Joseph on Dec 09 ’24. At $15.91 per share, Lowe Adam Joseph sold 66,350 shares. The insider’s holdings dropped to 1,358,692 shares worth approximately $21.15 million following the completion of this transaction.
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Also, Lowe Adam Joseph sold 34,310 shares, netting a total of over 557,194 in proceeds. Following the sale of shares at $16.24 each, the insider now holds 1,315,068 shares.
Before that, Maes Gregoire had sold 55,137 shares from its account. In a trade valued at $904,247, the Chief Operating Officer traded CompoSecure Inc shares for $16.40 each. Upon closing the transaction, the insider’s holdings decreased to 55,137 shares, worth approximately $11.86 million.
As published in their initiating research note from TD Cowen on December 18, 2024, CompoSecure Inc [CMPO] has been a Buy and the price target has been revised to $20. Analysts at BofA Securities started covering the stock with ‘”a Buy”‘ outlook in a report released in early July. As of June 27, 2024, Lake Street has initiated its “Buy” rating for CMPO. Earlier on February 13, 2024, The Benchmark Company initiated its rating. Their recommendation was “a Buy” for CMPO stock.
Analyzing CMPO Stock Performance
During the last five days, there has been a drop of approximately -5.52%. Over the course of the year, CompoSecure Inc shares have jumped approximately 202.00%. Shares of the company reached a 52-week high of $17.03 on 12/16/24 and a 52-week low of $4.61 on 03/05/24. A 50-day SMA is recorded $15.35, while a 200-day SMA reached $10.19. Nevertheless, trading volume fell to 0.78 million shares from 0.86 million shares the previous day.
Support And Resistance Levels for CompoSecure Inc (CMPO)
According to the 24-hour chart, there is a support level at 15.37, which, if violated, would cause prices to drop to 15.18. In the upper region, resistance lies at 15.95. The next price resistance is at 16.34. RSI (Relative Strength Index) is 46.85 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.35, which suggests the price will decrease in the coming days. Percent R is at 86.39%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.