Robert L. Reffkin Sells 804,893 Shares of Compass, Inc. (NYSE:COMP) Stock

Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin sold 804,893 shares of Compass stock in a transaction on Monday, January 6th. The stock was sold at an average price of $5.91, for a total transaction of $4,756,917.63. Following the completion of the transaction, the chief executive officer now owns 2,145,791 shares in the company, valued at $12,681,624.81. This trade represents a 27.28 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Compass Stock Performance

NYSE:COMP opened at $5.59 on Thursday. The firm has a 50 day moving average of $6.51 and a 200-day moving average of $5.56. Compass, Inc. has a 1 year low of $2.89 and a 1 year high of $7.69. The stock has a market capitalization of $2.85 billion, a P/E ratio of -13.97 and a beta of 2.92.

Analysts Set New Price Targets

Several equities analysts recently weighed in on COMP shares. UBS Group boosted their price objective on Compass from $4.40 to $6.50 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. The Goldman Sachs Group upped their price target on Compass from $7.00 to $8.00 and gave the company a “buy” rating in a report on Tuesday, December 3rd. Oppenheimer boosted their price objective on Compass from $8.50 to $9.50 and gave the company an “outperform” rating in a research report on Tuesday, December 3rd. Barclays raised their target price on Compass from $6.00 to $7.00 and gave the stock an “equal weight” rating in a research report on Wednesday, December 11th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $8.00 price objective on shares of Compass in a report on Tuesday, December 3rd. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $6.72.

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.