CompoSecure director Joseph DeAngelo purchases $500,900 in stock

Published 19/03/2025, 01:56
CompoSecure director Joseph DeAngelo purchases $500,900 in stock

Joseph J. DeAngelo, a director at CompoSecure, Inc. (NASDAQ:CMPO), recently acquired 45,045 shares of the company’s Class A common stock. According to a filing with the Securities and Exchange Commission, the shares were purchased on March 17 at a weighted average price of $11.12, resulting in a total transaction value of approximately $500,900.

The purchase was executed in multiple transactions, with prices ranging from $11.08 to $11.14 per share. Following this acquisition, DeAngelo now directly owns 45,045 shares of CompoSecure. The company, based in Somerset, New Jersey, operates within the finance services sector, focusing on crypto assets. With a market capitalization of $1.1 billion and revenue of $420 million in the last twelve months, InvestingPro analysis reveals additional insights, including 10+ exclusive ProTips and comprehensive financial metrics available to subscribers.

In other recent news, CompoSecure Inc. reported its fourth-quarter and full-year 2024 earnings, which fell short of analysts’ expectations for both earnings per share (EPS) and revenue. The company posted an EPS of $0.20, missing the forecast of $0.22, and reported revenue of $100.9 million, which was below the anticipated $102.58 million. Despite these misses, full-year net sales increased by 8% year-over-year. Notably, CompoSecure’s Arculus platform achieved profitability in the fourth quarter, contributing $3.5 million to adjusted EBITDA. Analysts from Needham adjusted their price target for CompoSecure to $15.00, down from $16.00, while maintaining a Buy rating, citing confidence in the company’s strategic direction post-Resolute spin-off. Similarly, Benchmark analyst Mark Palmer lowered the price target for CompoSecure to $14.00 from $17.00, also retaining a Buy rating, reflecting a more conservative valuation aligned with the firm’s adjusted financial expectations. Both analyst firms highlighted the leadership’s potential to positively impact CompoSecure’s market position.

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.