Compass, Inc. (NYSE:COMP) CEO Sells $291,457.56 in Stock

Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin sold 49,316 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $5.91, for a total value of $291,457.56. Following the completion of the transaction, the chief executive officer now directly owns 2,950,684 shares in the company, valued at approximately $17,438,542.44. The trade was a 1.64 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Compass Price Performance

Shares of NYSE:COMP traded up $0.08 during trading on Friday, reaching $5.88. 3,606,347 shares of the company’s stock traded hands, compared to its average volume of 3,615,124. The stock has a market capitalization of $3.00 billion, a P/E ratio of -14.70 and a beta of 2.89. Compass, Inc. has a 12 month low of $2.89 and a 12 month high of $7.69. The company has a 50 day moving average of $6.50 and a 200-day moving average of $5.48.

Analyst Ratings Changes

COMP has been the subject of a number of research analyst reports. The Goldman Sachs Group lifted their price target on shares of Compass from $7.00 to $8.00 and gave the stock a “buy” rating in a research note on Tuesday, December 3rd. Oppenheimer boosted their target price on shares of Compass from $8.50 to $9.50 and gave the stock an “outperform” rating in a research report on Tuesday, December 3rd. UBS Group increased their price target on shares of Compass from $4.40 to $6.50 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. Barclays boosted their price objective on Compass from $6.00 to $7.00 and gave the company an “equal weight” rating in a report on Wednesday, December 11th. Finally, Needham & Company LLC restated a “buy” rating and set a $8.00 price objective on shares of Compass in a research note on Tuesday, December 3rd. Three 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 stock currently has a consensus rating of “Moderate Buy” and an average price target of $6.72.

Compass Company Profile

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.