Compass Diversified (NYSE:CODI) Insider Patrick A. Maciariello Buys 5,000 Shares

Compass Diversified (NYSE:CODI) insider Patrick A. Maciariello bought 5,000 shares of the stock in a transaction on Friday, September 20th. The stock was purchased at an average cost of $21.87 per share, for a total transaction of $109,350.00. Following the acquisition, the insider now owns 228,518 shares of the company’s stock, valued at approximately $4,997,688.66. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Compass Diversified Price Performance

NYSE CODI opened at $21.95 on Wednesday. The company has a quick ratio of 1.65, a current ratio of 4.18 and a debt-to-equity ratio of 1.48. The firm has a market capitalization of $1.65 billion, a P/E ratio of 129.12, a PEG ratio of 1.34 and a beta of 1.68. The company has a 50-day moving average price of $21.71 and a 200-day moving average price of $22.32. Compass Diversified has a 52 week low of $16.88 and a 52 week high of $25.07.

Compass Diversified (NYSE:CODI) last released its quarterly earnings results on Wednesday, July 31st. The financial services provider reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.39. Compass Diversified had a net margin of 4.82% and a return on equity of 11.94%. The business had revenue of $542.60 million for the quarter, compared to the consensus estimate of $550.45 million. Equities research analysts anticipate that Compass Diversified will post 1.9 earnings per share for the current year.

Compass Diversified Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 25th. Shareholders of record on Thursday, July 18th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 4.56%. The ex-dividend date of this dividend was Thursday, July 18th. Compass Diversified’s dividend payout ratio is presently 588.24%.

Institutional Trading of Compass Diversified

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Mather Group LLC. purchased a new stake in Compass Diversified in the 1st quarter worth approximately $30,000. HHM Wealth Advisors LLC purchased a new stake in shares of Compass Diversified in the second quarter worth $33,000. Future Financial Wealth Managment LLC bought a new stake in shares of Compass Diversified during the 1st quarter valued at $48,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Compass Diversified during the 2nd quarter valued at $53,000. Finally, Ridgewood Investments LLC bought a new stake in Compass Diversified during the second quarter valued at about $55,000. Hedge funds and other institutional investors own 72.73% of the company’s stock.

Compass Diversified Company Profile

Compass Diversified is a private equity firm specializing in add on acquisitions, buyouts, industry consolidation, recapitalization, late stage and middle market investments. It seeks to invest in niche industrial or branded consumer companies, manufacturing, distribution, consumer products, business services sector, healthcare, safety & security, electronic components, food and foodservice.