Insider Selling: Compass, Inc. (NYSE:COMP) CEO Sells 52,501 Shares of Stock

Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin sold 52,501 shares of the business’s stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $6.90, for a total transaction of $362,256.90. Following the sale, the chief executive officer now directly owns 947,499 shares in the company, valued at $6,537,743.10. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Friday, August 23rd, Robert L. Reffkin sold 814,302 shares of Compass stock. The stock was sold at an average price of $4.91, for a total transaction of $3,998,222.82.

Compass Stock Performance

Shares of Compass stock traded down $0.40 on Wednesday, reaching $6.47. 8,398,698 shares of the stock were exchanged, compared to its average volume of 4,631,298. The firm’s 50 day moving average is $5.90 and its 200-day moving average is $4.66. Compass, Inc. has a one year low of $1.88 and a one year high of $7.01.

Analyst Ratings Changes

Several equities research analysts have commented on COMP shares. Oppenheimer reissued an “outperform” rating and set a $8.50 price target (up from $8.00) on shares of Compass in a research report on Friday, November 1st. UBS Group boosted their price objective 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. Needham & Company LLC boosted their price objective on shares of Compass from $6.00 to $8.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. The Goldman Sachs Group boosted their price objective on shares of Compass from $4.00 to $4.50 and gave the stock a “buy” rating in a research note on Thursday, August 1st. Finally, Barclays boosted their price objective on shares of Compass from $5.00 to $6.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 31st. Five equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $5.17.

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.