Compass, Inc. (NYSE:COMP) General Counsel Bradley K. Serwin Sells 137,472 Shares of Stock

Compass, Inc. (NYSE:COMP) General Counsel Bradley K. Serwin sold 137,472 shares of the business’s stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $9.16, for a total transaction of $1,259,243.52. Following the completion of the transaction, the general counsel now owns 221,595 shares in the company, valued at approximately $2,029,810.20. The trade was a 38.29 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Compass Trading Down 7.9 %

Shares of COMP stock opened at $9.01 on Friday. The stock has a market capitalization of $4.60 billion, a P/E ratio of -29.05 and a beta of 2.95. The firm’s 50 day moving average is $6.80 and its 200 day moving average is $6.26. Compass, Inc. has a 12 month low of $2.89 and a 12 month high of $10.25.

Compass (NYSE:COMP) last announced its quarterly earnings results on Tuesday, February 18th. The company reported ($0.08) EPS for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.02. The company had revenue of $1.38 billion for the quarter, compared to analysts’ expectations of $1.38 billion. Compass had a negative net margin of 2.74% and a negative return on equity of 39.72%. During the same period in the prior year, the company posted ($0.09) EPS. On average, equities analysts predict that Compass, Inc. will post 0.08 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on COMP shares. The Goldman Sachs Group boosted their target price on shares of Compass from $8.00 to $9.00 and gave the company a “buy” rating in a research note on Wednesday. Barclays boosted their target price on shares of Compass from $6.00 to $7.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 11th. Needham & Company LLC boosted their target price on shares of Compass from $10.00 to $12.00 and gave the company a “buy” rating in a research note on Wednesday. UBS Group upped their price target on shares of Compass from $11.00 to $12.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Oppenheimer upped their price target on shares of Compass from $12.00 to $13.00 and gave the company an “outperform” rating in a research note on Wednesday. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, Compass presently has a consensus rating of “Moderate Buy” and an average target price of $8.69.

About Compass

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.