The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. CompoSecure Inc shares valued at $3,419,098 were purchased by Resolute Compo Holdings LLC on Feb 13 ’25. At $15.50 per share, Resolute Compo Holdings LLC acquired 220,587 shares. The insider’s holdings grew to 441,773 shares worth approximately $7.47 million following the completion of this transaction.
Also, Resolute Compo Holdings LLC purchased 221,186 shares, netting a total of over 3,320,002 in proceeds. Following the buying of shares at $15.01 each, the insider now holds 221,186 shares.
Before that, Resolute Compo Holdings LLC had added 205,120 shares to its account. In a trade valued at $3,247,050, the Director bought CompoSecure Inc shares for $15.83 each. Upon closing the transaction, the insider’s holdings increased to 205,120 shares, worth approximately $10.94 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 surge of approximately 12.36%. Over the course of the year, CompoSecure Inc shares have jumped approximately 10.31%. Shares of the company reached a 52-week high of $17.71 on 02/19/25 and a 52-week low of $13.60 on 01/13/25. A 50-day SMA is recorded $15.59, while a 200-day SMA reached $11.95. Nevertheless, trading volume fell to 1.44 million shares from 1.84 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 16.29, which, if violated, would cause prices to drop to 15.67. In the upper region, resistance lies at 17.34. The next price resistance is at 17.77. RSI (Relative Strength Index) is 62.42 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.19, which suggests the price will increase in the coming days. Percent R is at 23.74%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
