Insider Buying: Composecure (NYSE:GPGI) Insider Acquires $751,520.00 in Stock

Composecure, Inc. (NYSE:GPGI) insider Thomas Knott acquired 44,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The shares were bought at an average cost of $17.08 per share, with a total value of $751,520.00. Following the completion of the purchase, the insider owned 44,000 shares of the company’s stock, valued at $751,520. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.

Composecure Trading Down 1.2%

NYSE:GPGI opened at $17.07 on Friday. Composecure, Inc. has a 1-year low of $9.24 and a 1-year high of $26.78. The stock has a market capitalization of $4.95 billion, a price-to-earnings ratio of 19.43 and a beta of 1.00.

Composecure (NYSE:GPGI) last issued its earnings results on Thursday, March 12th. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.05. Composecure had a positive return on equity of 211.60% and a negative net margin of 56.76%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings assumed coverage on shares of Composecure in a report on Monday. They set a “sell (d-)” rating for the company. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

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.