Insider Selling: Compass, Inc. (NYSE:COMP) CEO Sells 496,302 Shares of Stock

Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin sold 496,302 shares of the firm’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $6.18, for a total transaction of $3,067,146.36. Following the sale, the chief executive officer now owns 653,444 shares of the company’s stock, valued at approximately $4,038,283.92. The trade was a 43.17 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Robert L. Reffkin also recently made the following trade(s):

• On Friday, August 23rd, Robert L. Reffkin sold 814,302 shares of Compass stock. The shares were sold at an average price of $4.91, for a total transaction of $3,998,222.82.

Compass Price Performance

Shares of NYSE COMP traded down $0.14 during midday trading on Monday, hitting $6.19. The company’s stock had a trading volume of 2,875,748 shares, compared to its average volume of 4,602,783. The firm has a market capitalization of $3.16 billion, a price-to-earnings ratio of -15.46 and a beta of 2.91. The business’s fifty day simple moving average is $6.13 and its two-hundred day simple moving average is $4.87. Compass, Inc. has a 1 year low of $1.99 and a 1 year high of $7.01.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. UBS Group increased their price objective on Compass from $4.40 to $6.50 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. The Goldman Sachs Group upped their target price on shares of Compass from $4.00 to $4.50 and gave the company a “buy” rating in a research report on Thursday, August 1st. Oppenheimer reiterated an “outperform” rating and set a $8.50 price target (up from $8.00) on shares of Compass in a research report on Friday, November 1st. Barclays upped their price objective on shares of Compass from $5.00 to $6.00 and gave the stock an “equal weight” rating in a report on Thursday, October 31st. Finally, Needham & Company LLC lifted their target price on shares of Compass from $6.00 to $8.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $5.53.

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.