CompoSecure (NASDAQ:CMPO) Shares Up 1% – Still a Buy?

Shares of CompoSecure, Inc. (NASDAQ:CMPO) rose 1% during trading on Friday . The company traded as high as $13.96 and last traded at $13.47. Approximately 1,496,496 shares changed hands during trading, an increase of 45% from the average daily volume of 1,030,516 shares. The stock had previously closed at $13.34.

CompoSecure Stock Performance

The business’s 50 day moving average price is $13.93 and its two-hundred day moving average price is $17.52. The company has a market capitalization of $1.70 billion, a price-to-earnings ratio of -8.02 and a beta of 0.98.

CompoSecure Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Monday, May 18th were issued a dividend of $0.0025 per share. The ex-dividend date of this dividend was Monday, May 18th. This represents a $0.01 annualized dividend and a yield of 0.1%.

Hedge Funds Weigh In On CompoSecure

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC lifted its holdings in shares of CompoSecure by 74.3% during the fourth quarter. CIBC Private Wealth Group LLC now owns 1,407 shares of the company’s stock valued at $27,000 after purchasing an additional 600 shares during the last quarter. Raymond James Financial Inc. boosted its position in shares of CompoSecure by 4.2% in the 2nd quarter. Raymond James Financial Inc. now owns 15,825 shares of the company’s stock valued at $223,000 after purchasing an additional 639 shares during the period. Tower Research Capital LLC TRC increased its stake in CompoSecure by 25.8% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,478 shares of the company’s stock worth $49,000 after purchasing an additional 713 shares in the last quarter. CWM LLC increased its stake in CompoSecure by 24.5% in the 4th quarter. CWM LLC now owns 4,614 shares of the company’s stock worth $89,000 after purchasing an additional 907 shares in the last quarter. Finally, California State Teachers Retirement System raised its holdings in CompoSecure by 4.0% during the 2nd quarter. California State Teachers Retirement System now owns 24,089 shares of the company’s stock worth $339,000 after buying an additional 937 shares during the period. 37.56% of the stock is owned by institutional investors.

CompoSecure Company Profile

CompoSecure is a global provider of secure card and credential solutions, specializing in the design, manufacturing and personalization of payment cards, identification credentials and related services. The company develops a range of card products that include metal cards, composite cards and hybrid designs integrating advanced security features such as EMV chip technology, contactless interfaces and specialized surface treatments. CompoSecure’s offerings are tailored to the needs of banks, credit unions, fintech firms and government agencies seeking to differentiate their cards and enhance consumer engagement.

The company’s product portfolio extends beyond physical cards to encompass digital issuance and lifecycle management solutions.