Compass, Inc. (NYSE:COMP) CEO Sells $6,134,125.90 in Stock

Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin sold 775,490 shares of Compass stock in a transaction on Friday, February 14th. The stock was sold at an average price of $7.91, for a total transaction of $6,134,125.90. Following the transaction, the chief executive officer now directly owns 363,646 shares in the company, valued at approximately $2,876,439.86. This represents a 68.08 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Wednesday, February 19th, Robert L. Reffkin sold 2,000,000 shares of Compass stock. The stock was sold at an average price of $9.46, for a total value of $18,920,000.00.

Compass Stock Down 7.9 %

NYSE COMP opened at $9.01 on Friday. The firm’s 50 day moving average is $6.80 and its 200-day moving average is $6.26. The company has a market capitalization of $4.60 billion, a PE ratio of -29.05 and a beta of 2.95. Compass, Inc. has a 12-month low of $2.89 and a 12-month high of $10.25.

Compass (NYSE:COMP) last issued its quarterly earnings results on Tuesday, February 18th. The company reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.10) by $0.02. Compass had a negative net margin of 2.74% and a negative return on equity of 39.72%. The firm had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.38 billion. During the same period in the previous year, the business earned ($0.09) EPS. As a group, sell-side analysts expect that Compass, Inc. will post 0.08 EPS for the current year.

Wall Street Analyst Weigh In

COMP has been the subject of several recent analyst reports. Oppenheimer increased their price target on Compass from $12.00 to $13.00 and gave the stock an “outperform” rating in a report on Wednesday. Needham & Company LLC raised their target price on shares of Compass from $10.00 to $12.00 and gave the stock a “buy” rating in a report on Wednesday. Barclays lifted their price target on shares of Compass from $6.00 to $7.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 11th. UBS Group increased their price objective on shares of Compass from $11.00 to $12.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, The Goldman Sachs Group boosted their price objective on shares of Compass from $8.00 to $9.00 and gave the company a “buy” rating in a research report on Wednesday. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $8.69.

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.