Compass, Inc. (NYSE:COMP) CEO Sells $4,756,917.63 in Stock

Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin sold 804,893 shares of Compass stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $5.91, for a total value of $4,756,917.63. Following the transaction, the chief executive officer now directly owns 2,145,791 shares in the company, valued at approximately $12,681,624.81. The trade was a 27.28 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Compass Price Performance

NYSE:COMP opened at $5.35 on Friday. Compass, Inc. has a 1 year low of $2.89 and a 1 year high of $7.69. The stock’s 50 day simple moving average is $6.48 and its two-hundred day simple moving average is $5.57. The company has a market cap of $2.73 billion, a price-to-earnings ratio of -13.37 and a beta of 2.92.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on COMP shares. Oppenheimer lifted their price objective on Compass from $8.50 to $9.50 and gave the company an “outperform” rating in a research report on Tuesday, December 3rd. The Goldman Sachs Group boosted their price target on Compass from $7.00 to $8.00 and gave the stock a “buy” rating in a report on Tuesday, December 3rd. Barclays boosted their price target on Compass from $6.00 to $7.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 11th. Needham & Company LLC reissued a “buy” rating and issued a $8.00 price target on shares of Compass in a report on Tuesday, December 3rd. Finally, UBS Group boosted their price target on Compass from $4.40 to $6.50 and gave the stock a “neutral” rating in a report on Tuesday, October 22nd. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $6.72.

About 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.