Compass, Inc. (NYSE:COMP) CEO Sells $884,452.47 in Stock

Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin sold 141,061 shares of the business’s stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $6.27, for a total value of $884,452.47. Following the completion of the sale, the chief executive officer now owns 2,000,000 shares of the company’s stock, valued at $12,540,000. The trade was a 6.59 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

Compass Stock Up 0.2 %

Shares of Compass stock opened at $6.75 on Monday. The firm’s 50 day moving average is $6.43 and its two-hundred day moving average is $5.69. The firm has a market capitalization of $3.44 billion, a P/E ratio of -16.86 and a beta of 2.92. Compass, Inc. has a 52 week low of $2.89 and a 52 week high of $7.69.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on COMP shares. Barclays upped their target price on Compass from $6.00 to $7.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 11th. The Goldman Sachs Group boosted their target price 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. UBS Group lifted their target price on shares of Compass from $4.40 to $6.50 and gave the stock a “neutral” rating in a research note on Tuesday, October 22nd. Oppenheimer increased their price target on Compass from $8.50 to $9.50 and gave the company an “outperform” rating in a report on Tuesday, December 3rd. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $10.00 price target on shares of Compass in a research note on Thursday. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $7.01.

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.