JPMorgan Chase & Co. Increases Stake in CompoSecure, Inc. $CMPO

JPMorgan Chase & Co. lifted its position in CompoSecure, Inc. (NASDAQ:CMPO) by 96.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 574,171 shares of the company’s stock after acquiring an additional 281,488 shares during the quarter. JPMorgan Chase & Co. owned 0.56% of CompoSecure worth $11,954,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the company. Locust Wood Capital Advisers LLC lifted its stake in CompoSecure by 14.5% in the third quarter. Locust Wood Capital Advisers LLC now owns 9,341,954 shares of the company’s stock worth $194,499,000 after purchasing an additional 1,183,627 shares during the last quarter. Thrivent Financial for Lutherans bought a new stake in shares of CompoSecure during the 3rd quarter worth approximately $34,367,000. Zuckerman Investment Group LLC lifted its stake in shares of CompoSecure by 4.7% during the 2nd quarter. Zuckerman Investment Group LLC now owns 1,622,542 shares of the company’s stock worth $22,862,000 after acquiring an additional 72,910 shares during the last quarter. Tidal Investments LLC boosted its holdings in CompoSecure by 5.7% during the 2nd quarter. Tidal Investments LLC now owns 1,587,640 shares of the company’s stock valued at $22,370,000 after acquiring an additional 86,186 shares during the period. Finally, Bank of America Corp DE grew its position in CompoSecure by 32.6% in the 2nd quarter. Bank of America Corp DE now owns 1,152,193 shares of the company’s stock valued at $16,234,000 after acquiring an additional 283,300 shares during the last quarter. 37.56% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on CMPO shares. Lake Street Capital reissued a “buy” rating on shares of CompoSecure in a research note on Wednesday, December 24th. JPMorgan Chase & Co. reissued a “buy” rating on shares of CompoSecure in a research report on Thursday, January 8th. Six analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $25.50.

CompoSecure Stock Performance

NASDAQ CMPO opened at $23.50 on Friday. CompoSecure, Inc. has a one year low of $9.24 and a one year high of $26.78. The company has a market capitalization of $2.97 billion, a price-to-earnings ratio of -13.99 and a beta of 0.98. The company’s 50-day simple moving average is $22.97 and its two-hundred day simple moving average is $20.92.

CompoSecure Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 13th were paid a $0.0025 dividend. The ex-dividend date of this dividend was Friday, February 13th. This represents a $0.01 dividend on an annualized basis and a yield of 0.0%.

About CompoSecure

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.