SoftBank Vision fund sells $91.5 million in Compass stock

SoftBank (TYO:9984) Vision Fund (AIV M1) L.P., through its subsidiary SVF Excalibur (Cayman) Ltd, has sold 10 million shares of Class A common stock in Compass , Inc. (NYSE:COMP) at a price of $9.15 per share. The transaction, completed on March 24, 2025, totals approximately $91.5 million. The sale comes as Compass shares have surged over 170% in the past year, with the company now commanding a market capitalization of $5.2 billion.

Following the sale, SVF Excalibur (Cayman) Ltd holds 48,070,273 shares of Compass. The securities are indirectly owned through a chain of subsidiaries, with SB Investment Advisers (UK) Limited acting as the alternative investment fund manager responsible for managing the investments of SoftBank Vision Fund. According to InvestingPro, analysts expect Compass to achieve profitability this year, with projected sales growth ahead.

This transaction highlights SoftBank’s ongoing management of its investment portfolio, while Compass, a prominent player in the real estate technology sector, continues to navigate the market landscape. InvestingPro analysis reveals 12+ additional exclusive insights about Compass’s financial health and market position, available to subscribers.

In other recent news, Compass Inc. has seen several analysts revise their price targets and ratings following the company’s financial performance and strategic moves. UBS analyst Chris Kuntarich raised the price target for Compass to $12.00, citing stronger than anticipated first-quarter guidance and strategic acquisitions such as Christie’s. Needham analysts also increased their target to $12.00, emphasizing the positive impact of the Christie’s acquisition and the company’s robust fourth-quarter results. Morgan Stanley (NYSE:MS) adjusted its price target to $8.50, noting Compass’s effective performance amidst challenging real estate market conditions and its disciplined approach to expenses.

Oppenheimer’s Jason Helfstein lifted the price target to $12.00, driven by a favorable pre-announcement of fourth-quarter results that exceeded expectations in revenue and EBITDA. The report highlighted potential growth opportunities in the housing market and the possibility of changes to the "Clear Cooperation" policy. UBS further upgraded Compass’s stock rating to Buy, with a target of $11.00, reflecting optimism about the company’s potential for organic growth and market share gains.

These developments underscore Compass’s strategic initiatives and financial performance, with analysts from UBS, Needham, Morgan Stanley, and Oppenheimer expressing confidence in the company’s growth trajectory. The recent acquisition of Christie’s and various marketing strategies are seen as key contributors to Compass’s enhanced market position. Investors are encouraged to note these updates as Compass continues to navigate the evolving real estate landscape.

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