Compass general counsel Bradley Serwin sells $1.26m in stock

Published 21/02/2025, 22:40
Compass general counsel Bradley Serwin sells $1.26m in stock

Bradley K. Serwin, General Counsel and Secretary at Compass , Inc. (NYSE:COMP), has recently sold shares of the company’s Class A common stock. According to a recent SEC filing, Serwin disposed of a total of 137,472 shares on February 19, 2025. The transactions were executed at prices ranging from $9.0725 to $10.00 per share, resulting in a total value of approximately $1.26 million. The sale comes as Compass stock has shown remarkable strength, delivering a 180% return over the past year and reaching near its 52-week high of $10.25. InvestingPro analysis indicates the stock is currently trading in overbought territory.

Following these transactions, Serwin holds 221,595 shares of Compass stock. The sales were part of an automatic trading plan under Rule 10b5-1, which Serwin adopted on May 10, 2024. This plan allows insiders to set up a predetermined schedule for selling stocks, aiming to avoid any potential accusations of insider trading. For deeper insights into insider trading patterns and comprehensive analysis, InvestingPro offers detailed research reports covering over 1,400 US stocks, including Compass’s current market position and future prospects.

In other recent news, Compass Inc. has seen several analysts revise their price targets and ratings following notable financial developments and strategic initiatives. UBS analyst Chris Kuntarich raised the company’s stock price target to $12.00 from $11.00, maintaining a Buy rating due to stronger-than-anticipated first-quarter guidance and strategic acquisitions like Christie’s. Meanwhile, Morgan Stanley (NYSE:MS) increased its price target to $8.50 from $6.00, retaining an Equalweight rating, citing strong operational execution and cost management despite challenges in the real estate market. Needham analysts also lifted their target to $12.00, reaffirming a Buy rating, driven by the integration of Christie’s and better-than-expected fourth-quarter results.

Oppenheimer’s Jason Helfstein adjusted the price target to $12.00 from $9.50, maintaining an Outperform rating, following positive management commentary and a favorable fourth-quarter pre-announcement. UBS had previously upgraded Compass from Neutral to Buy, increasing the price target to $11.00, highlighting the potential for organic growth and market share gains. The company’s recent performance, including a significant revision of revenue and EBITDA estimates, has been supported by strategic marketing and acquisitions. Analysts have noted Compass’s ability to manage growth and expenses effectively, positioning the company well for future opportunities. These developments reflect a broadly positive outlook from analysts regarding Compass’s strategic direction and financial trajectory.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.