Composecure (NYSE:GPGI) Director Rebecca Corbin Loree Purchases 3,925 Shares of Stock

Composecure, Inc. (NYSE:GPGI) Director Rebecca Corbin Loree bought 3,925 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The stock was bought at an average price of $12.87 per share, with a total value of $50,514.75. Following the acquisition, the director directly owned 63,220 shares in the company, valued at $813,641.40. The trade was a 6.62% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink.

Composecure Stock Performance

NYSE:GPGI opened at $12.41 on Friday. Composecure, Inc. has a 52 week low of $12.01 and a 52 week high of $26.78. The firm has a market cap of $3.60 billion, a price-to-earnings ratio of -5.17 and a beta of 0.98.

Composecure (NYSE:GPGI) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.03. The business had revenue of $421.20 million during the quarter. Composecure had a positive return on equity of 12.59% and a negative net margin of 56.76%.During the same period in the previous year, the firm posted $0.25 earnings per share.

Composecure Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Monday, May 18th will be issued a dividend of $0.0025 per share. This represents a $0.01 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Monday, May 18th. Composecure’s dividend payout ratio (DPR) is -0.42%.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Needham & Company LLC reissued a “buy” rating on shares of Composecure in a research report on Wednesday, March 25th. Weiss Ratings started coverage on shares of Composecure in a report on Monday, March 16th. They issued a “sell (d-)” rating for the company. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

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.