Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin Sells 705,083 Shares

Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin sold 705,083 shares of the firm’s stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $5.92, for a total value of $4,174,091.36. Following the transaction, the chief executive officer now owns 239,219 shares of the company’s stock, valued at approximately $1,416,176.48. The transaction was disclosed in a document filed with the SEC, which is available through this link.

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 shares were sold at an average price of $4.91, for a total transaction of $3,998,222.82.

Compass Stock Performance

COMP traded up $0.03 during trading on Wednesday, hitting $5.99. The stock had a trading volume of 4,650,391 shares, compared to its average volume of 4,583,035. Compass, Inc. has a twelve month low of $1.82 and a twelve month high of $5.99. The stock has a 50 day simple moving average of $4.63 and a two-hundred day simple moving average of $3.97. The company has a market capitalization of $2.96 billion, a PE ratio of -9.65 and a beta of 2.91.

Compass (NYSE:COMP) last released its quarterly earnings results on Wednesday, July 31st. The company reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.03. The company had revenue of $1.70 billion during the quarter, compared to analysts’ expectations of $1.65 billion. Compass had a negative return on equity of 57.23% and a negative net margin of 4.53%. During the same period last year, the business posted ($0.10) earnings per share. On average, equities research analysts anticipate that Compass, Inc. will post -0.39 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on COMP shares. Gordon Haskett raised Compass from an “underperform” rating to a “hold” rating and boosted their target price for the company from $3.00 to $3.75 in a research report on Tuesday, June 25th. Oppenheimer reiterated an “outperform” rating and issued a $6.00 target price on shares of Compass in a research note on Wednesday, June 26th. Needham & Company LLC boosted their target price on shares of Compass from $5.00 to $6.00 and gave the company a “buy” rating in a research note on Thursday, August 1st. Barclays increased their price objective on Compass from $4.00 to $5.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 1st. Finally, The Goldman Sachs Group boosted their price target on shares of Compass from $4.00 to $4.50 and gave the company a “buy” rating in a report on Thursday, August 1st. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $4.28.

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.