Oak Family Advisors LLC Makes New $1.37 Million Investment in Compass Diversified Holdings $CODI

Oak Family Advisors LLC purchased a new position in shares of Compass Diversified Holdings (NYSE:CODI) during the first quarter, Holdings Channel reports. The firm purchased 174,560 shares of the financial services provider’s stock, valued at approximately $1,372,000.

Other large investors also recently added to or reduced their stakes in the company. ARS Investment Partners LLC grew its stake in shares of Compass Diversified by 257.6% in the 1st quarter. ARS Investment Partners LLC now owns 53,256 shares of the financial services provider’s stock valued at $419,000 after buying an additional 38,364 shares during the period. Alpine Global Management LLC acquired a new stake in shares of Compass Diversified in the fourth quarter valued at $177,000. Invesco Ltd. increased its stake in Compass Diversified by 64.2% during the fourth quarter. Invesco Ltd. now owns 305,005 shares of the financial services provider’s stock worth $1,464,000 after purchasing an additional 119,224 shares during the period. XTX Topco Ltd purchased a new stake in Compass Diversified during the 4th quarter worth approximately $227,000. Finally, Tudor Investment Corp ET AL increased its position in shares of Compass Diversified by 3.7% during the fourth quarter. Tudor Investment Corp ET AL now owns 458,624 shares of the financial services provider’s stock worth $2,201,000 after acquiring an additional 16,266 shares during the period. 72.73% of the stock is currently owned by hedge funds and other institutional investors.

Compass Diversified Stock Performance

NYSE:CODI opened at $10.12 on Thursday. The company has a current ratio of 2.67, a quick ratio of 1.56 and a debt-to-equity ratio of 34.60. The firm has a 50-day moving average price of $11.16 and a two-hundred day moving average price of $8.06. Compass Diversified Holdings has a twelve month low of $4.58 and a twelve month high of $12.64. The company has a market capitalization of $761.43 million, a P/E ratio of -2.59 and a beta of 1.26.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on CODI shares. Zacks Research upgraded shares of Compass Diversified from a “strong sell” rating to a “hold” rating in a research note on Monday, March 16th. B. Riley Financial raised their target price on shares of Compass Diversified from $8.00 to $10.50 and gave the stock a “neutral” rating in a research report on Tuesday, April 7th. Raymond James Financial started coverage on Compass Diversified in a report on Wednesday, March 11th. They set a “hold” rating on the stock. Wall Street Zen upgraded shares of Compass Diversified from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Finally, Weiss Ratings upgraded Compass Diversified from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $12.75.

Insiders Place Their Bets

In related news, insider Stephen Keller purchased 30,000 shares of the business’s stock in a transaction dated Monday, April 6th. The stock was bought at an average cost of $8.61 per share, with a total value of $258,300.00. Following the completion of the acquisition, the insider directly owned 20,000 shares in the company, valued at $172,200. The trade was a -300.00% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.60% of the company’s stock.

Compass Diversified Profile

Compass Diversified Holdings (NYSE:CODI) is a publicly traded private equity company headquartered in Bethesda, Maryland. The firm specializes in acquiring and managing middle-market businesses across a variety of industries, with a focus on driving operational performance and sustainable growth. As an externally managed entity, Compass Diversified leverages a disciplined investment approach to build a portfolio of market-leading companies that benefit from strategic oversight, capital support and shared best practices.

Compass Diversified’s investment activities span five core sectors: branded consumer, consumer services, differentiated industrial products, value-added distribution and business services.