Rebecca Corbin Loree Purchases 3,925 Shares of Composecure (NYSE:GPGI) Stock

Composecure, Inc. (NYSE:GPGI) Director Rebecca Corbin Loree bought 3,925 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were acquired at an average price of $12.87 per share, for a total transaction of $50,514.75. Following the completion of the transaction, the director directly owned 63,220 shares in the company, valued at approximately $813,641.40. This trade represents a 6.62% 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.

Composecure Price Performance

NYSE:GPGI opened at $12.08 on Friday. Composecure, Inc. has a 52 week low of $12.01 and a 52 week high of $26.78. The firm has a market cap of $3.50 billion, a PE ratio of -5.03 and a beta of 0.98. The company’s 50-day simple moving average is $16.03.

Composecure (NYSE:GPGI) last posted its earnings results on Thursday, May 7th. The company reported $0.12 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $0.03. Composecure had a positive return on equity of 12.59% and a negative net margin of 56.76%.The firm had revenue of $421.20 million for the quarter. During the same quarter last year, the business earned $0.25 earnings per share.

Composecure Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Monday, May 18th will be issued a dividend of $0.0025 per share. This represents a $0.01 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Monday, May 18th. Composecure’s dividend payout ratio (DPR) is presently -0.42%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on GPGI shares. Wall Street Zen downgraded shares of Composecure from a “hold” rating to a “sell” rating in a report on Saturday. JPMorgan Chase & Co. decreased their price objective on shares of Composecure from $22.00 to $15.00 and set a “neutral” rating on the stock in a report on Friday. Needham & Company LLC reaffirmed a “buy” rating on shares of Composecure in a report on Wednesday, March 25th. Finally, Weiss Ratings started coverage on shares of Composecure in a report on Monday, March 16th. They set a “sell (d-)” rating on the stock. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $15.00.

Composecure Company Profile

CompoSecure, Inc manufactures and designs metal, plastic, composite ID, and proprietary financial transaction cards in the United States and internationally. Its primary metal form factors include embedded, metal veneer lite, metal veneer, and full metal products. The company also offers Arculus Cold Storage Wallet, a three-factor authentication solution, which comprise the Arculus Key card Cold Storage hardware device and companion Arculus Wallet mobile App to keep the Private Key in the Arculus Key card highly secure and store cryptocurrency and digital assets.