Compass Diversified (NYSE:CODI) Insider Stephen Keller Purchases 10,000 Shares of Stock

Compass Diversified Holdings (NYSE:CODI) insider Stephen Keller purchased 10,000 shares of the company’s stock in a transaction on Wednesday, August 12th. The stock was acquired at an average cost of $12.01 per share, for a total transaction of $120,100.00. Following the completion of the transaction, the insider owned 51,840 shares in the company, valued at approximately $622,598.40. This trade represents a 23.90% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link.

Compass Diversified Price Performance

Shares of Compass Diversified stock opened at $12.28 on Friday. The company has a debt-to-equity ratio of 34.60, a current ratio of 2.67 and a quick ratio of 1.56. The company has a market cap of $923.57 million, a PE ratio of -5.66 and a beta of 1.27. The firm has a fifty day moving average price of $10.44 and a two-hundred day moving average price of $9.41. Compass Diversified Holdings has a fifty-two week low of $4.58 and a fifty-two week high of $13.24.

Compass Diversified (NYSE:CODI) last announced its quarterly earnings data on Monday, August 10th. The financial services provider reported ($0.09) EPS for the quarter. Compass Diversified had a negative net margin of 5.38% and a negative return on equity of 9.53%. The company had revenue of $424.04 million for the quarter. Analysts expect that Compass Diversified Holdings will post 0.22 EPS for the current year.

Wall Street Analysts Forecast Growth

CODI has been the subject of a number of recent research reports. UBS Group set a $18.00 target price on Compass Diversified in a research note on Tuesday. B. Riley Financial raised shares of Compass Diversified from a “neutral” rating to a “buy” rating and boosted their price target for the company from $11.00 to $15.00 in a report on Tuesday. Weiss Ratings restated a “sell (d-)” rating on shares of Compass Diversified in a research note on Friday, July 17th. Finally, TD Cowen lifted their target price on shares of Compass Diversified from $12.50 to $18.00 and gave the company a “buy” rating in a research report on Tuesday. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Compass Diversified has a consensus rating of “Hold” and a consensus target price of $16.50.

Institutional Investors Weigh In On Compass Diversified

Several large investors have recently made changes to their positions in the company. AQR Capital Management LLC bought a new position in Compass Diversified during the 1st quarter valued at about $294,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Compass Diversified by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,635 shares of the financial services provider’s stock worth $740,000 after buying an additional 1,728 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Compass Diversified by 6.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 154,458 shares of the financial services provider’s stock valued at $2,884,000 after acquiring an additional 10,006 shares during the last quarter. Jane Street Group LLC raised its stake in shares of Compass Diversified by 345.5% in the first quarter. Jane Street Group LLC now owns 193,907 shares of the financial services provider’s stock valued at $3,620,000 after acquiring an additional 150,386 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of Compass Diversified by 5.5% in the 2nd quarter. Geode Capital Management LLC now owns 862,549 shares of the financial services provider’s stock worth $5,416,000 after acquiring an additional 44,938 shares in the last quarter. Institutional investors own 72.73% of the company’s stock.

Key Compass Diversified News

Here are the key news stories impacting Compass Diversified this week:

• Positive Sentiment: Analyst upgrades: B. Riley Financial raised its rating to “Buy” from “Neutral” and increased its price target to $15 from $11. TD Cowen also raised its target to $18 from $12.50, while UBS set an $18 target. The analysts’ targets are above the recent trading level and have helped improve investor sentiment. B. Riley Financial upgrades Compass Diversified
• Positive Sentiment: Heavy insider buying: Zachary T. Sawtelle purchased 25,000 shares for approximately $299,750 on August 12 and another 7,000 shares for $87,150 on August 13. Stephen Keller also bought 10,000 shares for about $120,100. The purchases significantly increased their holdings and may signal that insiders view CODI as undervalued or expect improving performance. SEC insider ownership filing
• Positive Sentiment: Potential cost savings: A renegotiated management-fee agreement is expected to lower expenses, supporting the turnaround case for the middle-market investment company. This has attracted interest from value-oriented investors despite challenges at one portfolio company. Small-cap comeback story on Compass Diversified
• Neutral Sentiment: Unusual options activity: Elevated options trading reflects increased investor attention and could lead to greater near-term volatility, but it does not clearly indicate whether traders expect further gains or a pullback. Unusual options trading in Compass Diversified
• Negative Sentiment: Fundamental risks persist: CODI’s latest quarter included a $0.09-per-share loss, a negative net margin and negative return on equity. The company also continues to face reputational and execution concerns following fraud at an investment, which could undermine the recovery story.

Compass Diversified Company 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.