Compass, Inc. (NYSE:COMP - Get Free Report) CEO Robert L. Reffkin sold 141,061 shares of the business's stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $6.27, for a total value of $884,452.47. Following the completion of the transaction, the chief executive officer now directly owns 2,000,000 shares in the company, valued at $12,540,000. The trade was a 6.59 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
NYSE:COMP traded up $0.02 on Friday, reaching $6.75. The company's stock had a trading volume of 6,016,287 shares, compared to its average volume of 5,795,487. Compass, Inc. has a 1-year low of $2.89 and a 1-year high of $7.69. The business's 50-day moving average price is $6.43 and its two-hundred day moving average price is $5.64. The firm has a market cap of $3.44 billion, a PE ratio of -16.86 and a beta of 2.92.
A number of research firms recently issued reports on COMP. Needham & Company LLC reaffirmed a "buy" rating and issued a $10.00 price target on shares of Compass in a report on Thursday. Oppenheimer raised their price target on Compass from $8.50 to $9.50 and gave the stock an "outperform" rating in a research report on Tuesday, December 3rd. UBS Group upped their price objective on Compass from $4.40 to $6.50 and gave the company a "neutral" rating in a report on Tuesday, October 22nd. Barclays raised their target price on Compass from $6.00 to $7.00 and gave the stock an "equal weight" rating in a report on Wednesday, December 11th. Finally, The Goldman Sachs Group upped their price target on Compass from $7.00 to $8.00 and gave the company a "buy" rating in a research note on Tuesday, December 3rd. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $7.01.
Get Our Latest Report on Compass
Compass, Inc provides real estate brokerage services in the United States. It operates a cloud-based platform that provides an integrated suite of software for customer relationship management, marketing, client service, operations, and other functionality in the real estate industry. The company offers mobile apps that allow agents to manage their business anytime and anywhere, as well as designs consumer-grade user interfaces, automated and simplified workflows for agent-client interactions, and insight-rich dashboards and reports.
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