Compass Inc’s recently made public that its Chairman and CEO Reffkin Robert L. unloaded Company’s shares for reported $0.88 million on Jan 15 ’25. In the deal valued at $6.27 per share,141,061 shares were sold. As a result of this transaction, Reffkin Robert L. now holds 2,000,000 shares worth roughly $13.5 million.
Then, Reffkin Robert L. sold 42,717 shares, generating $294,918 in total proceeds. Upon selling the shares at $6.90, the Chairman and CEO now owns 1,957,283 shares.
Before that, Reffkin Robert L. sold 804,893 shares. Compass Inc shares valued at $4,756,918 were divested by the Chairman and CEO at a price of $5.91 per share. As a result of the transaction, Reffkin Robert L. now holds 2,145,791 shares, worth roughly $14.48 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 Tuesday, Compass Inc [NYSE:COMP] saw its stock fall -0.15% to $6.75. Over the last five days, the stock has gained 25.46%. Compass Inc shares have risen nearly 15.38% since the year began. Nevertheless, the stocks have risen 118.45% over the past one year. While a 52-week high of $7.69 was reached on 01/17/25, a 52-week low of $2.89 was recorded on 01/13/25. SMA at 50 days reached $6.47, while 200 days put it at $5.06.
Levels Of Support And Resistance For COMP Stock
The 24-hour chart illustrates a support level at 6.66, which if violated will result in even more drops to 6.56. On the upside, there is a resistance level at 6.87. A further resistance level may holdings at 6.99. The Relative Strength Index (RSI) on the 14-day chart is 62.60, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.78, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 9.34%. Stochastics %K at 91.03% indicates the stock is a selling.
How much short interest is there in Compass Inc?
A steep rise in short interest was recorded in Compass Inc stocks on 2024-12-31, dropping by -2.2 million shares to a total of 16.5 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 18.7 million shares. There was a decline of -13.33%, which implies that there is a negative 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.