CompoSecure Inc’s recent filing unveils that its Chief Product & Innov. Officer Lowe Adam Joseph unloaded Company’s shares for reported $1.06 million on Dec 09 ’24. In the deal valued at $15.91 per share,66,350 shares were sold. As a result of this transaction, Lowe Adam Joseph now holds 1,358,692 shares worth roughly $18.76 million.
Then, Lowe Adam Joseph sold 34,310 shares, generating $557,194 in total proceeds. Upon selling the shares at $16.24, the Chief Product & Innov. Officer now owns 1,315,068 shares.
Before that, Maes Gregoire sold 55,137 shares. CompoSecure Inc shares valued at $904,247 were divested by the Chief Operating Officer at a price of $16.40 per share. As a result of the transaction, Maes Gregoire now holds 762,009 shares, worth roughly $10.52 million.
TD Cowen initiated its CompoSecure Inc [CMPO] rating to a Buy in a research note published on December 18, 2024; the price target was $20. A number of analysts have revised their coverage, including BofA Securities’s analysts, who began to cover the stock in early July with a ‘”a Buy”‘ rating. Lake Street began covering CMPO with “Buy” recommendation on June 27, 2024. The Benchmark Company started covering the stock on February 13, 2024. It rated CMPO as “a Buy”.
Price Performance Review of CMPO
On Monday, CompoSecure Inc [NASDAQ:CMPO] saw its stock fall -0.50% to $13.81. Over the last five days, the stock has lost -12.71%. CompoSecure Inc shares have fallen nearly -9.92% since the year began. Nevertheless, the stocks have risen 186.43% over the past one year. While a 52-week high of $17.03 was reached on 01/06/25, a 52-week low of $4.40 was recorded on 01/13/25. SMA at 50 days reached $15.42, while 200 days put it at $10.82.
Levels Of Support And Resistance For CMPO Stock
The 24-hour chart illustrates a support level at 13.61, which if violated will result in even more drops to 13.41. On the upside, there is a resistance level at 14.00. A further resistance level may holdings at 14.19. The Relative Strength Index (RSI) on the 14-day chart is 29.22, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.14, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.95%. Stochastics %K at 5.90% indicates the stock is a buying.
How much short interest is there in CompoSecure Inc?
A steep rise in short interest was recorded in CompoSecure Inc stocks on 2024-12-13, dropping by -6.22 million shares to a total of 7.08 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 13.3 million shares. There was a decline of -87.83%, which implies that there is a negative sentiment for the stock.
