Potomac Capital Management Inc. Buys New Shares in CompoSecure, Inc. $CMPO

Potomac Capital Management Inc. bought a new stake in CompoSecure, Inc. (NASDAQ:CMPOFree Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 117,000 shares of the company’s stock, valued at approximately $2,256,000. CompoSecure accounts for 1.8% of Potomac Capital Management Inc.’s holdings, making the stock its 16th largest position. Potomac Capital Management Inc. owned approximately 0.09% of CompoSecure at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Capital Research Global Investors acquired a new position in CompoSecure in the fourth quarter valued at $166,827,000. Vanguard Group Inc. lifted its holdings in CompoSecure by 54.6% in the fourth quarter. Vanguard Group Inc. now owns 5,138,837 shares of the company’s stock valued at $99,077,000 after buying an additional 1,813,937 shares during the period. Capital World Investors lifted its holdings in CompoSecure by 156.9% in the fourth quarter. Capital World Investors now owns 4,590,237 shares of the company’s stock valued at $84,716,000 after buying an additional 2,803,712 shares during the period. Thrivent Financial for Lutherans lifted its holdings in CompoSecure by 73.4% in the fourth quarter. Thrivent Financial for Lutherans now owns 2,862,632 shares of the company’s stock valued at $55,192,000 after buying an additional 1,211,980 shares during the period. Finally, Wellington Management Group LLP lifted its holdings in CompoSecure by 13.3% in the third quarter. Wellington Management Group LLP now owns 2,731,784 shares of the company’s stock valued at $56,876,000 after buying an additional 321,396 shares during the period. Institutional investors and hedge funds own 37.56% of the company’s stock.

CompoSecure Price Performance

CMPO stock opened at $11.89 on Wednesday. The firm has a market cap of $1.50 billion, a price-to-earnings ratio of -7.08 and a beta of 0.98. CompoSecure, Inc. has a 12-month low of $10.65 and a 12-month high of $26.78. The company’s fifty day simple moving average is $14.55 and its 200 day simple moving average is $18.89.

CompoSecure Announces Dividend

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 $0.0025 dividend. The ex-dividend date was Monday, May 18th. This represents a $0.01 annualized dividend and a yield of 0.1%.

About CompoSecure

(Free Report)

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.

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Institutional Ownership by Quarter for CompoSecure (NASDAQ:CMPO)

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