CompoSecure (NASDAQ:CMPO) Shares Up 2.5% – Time to Buy?

CompoSecure, Inc. (NASDAQ:CMPO)’s stock price was up 2.5% during trading on Friday . The stock traded as high as $15.25 and last traded at $14.97. Approximately 1,642,138 shares traded hands during mid-day trading, an increase of 59% from the average daily volume of 1,030,516 shares. The stock had previously closed at $14.60.

CompoSecure Price Performance

The stock’s 50 day moving average is $13.68 and its 200-day moving average is $18.08. The company has a market capitalization of $1.84 billion, a P/E ratio of -8.68 and a beta of 0.98.

CompoSecure Announces Dividend

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

Institutional Investors Weigh In On CompoSecure

Several hedge funds have recently made changes to their positions in the company. CIBC Private Wealth Group LLC grew its stake in CompoSecure by 74.3% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,407 shares of the company’s stock worth $27,000 after purchasing an additional 600 shares during the period. Kemnay Advisory Services Inc. bought a new stake in shares of CompoSecure during the 4th quarter valued at $57,000. Kestra Advisory Services LLC purchased a new stake in shares of CompoSecure in the 4th quarter worth about $59,000. Tower Research Capital LLC TRC grew its position in shares of 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 buying an additional 713 shares during the period. Finally, CWM LLC increased its stake in shares of CompoSecure by 24.5% in the 4th quarter. CWM LLC now owns 4,614 shares of the company’s stock worth $89,000 after acquiring an additional 907 shares in the last quarter. 37.56% of the stock is currently 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.