Insider Selling: Compass, Inc. (NYSE:COMP) CEO Sells 182,348 Shares of Stock

Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin sold 182,348 shares of Compass stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $6.91, for a total value of $1,260,024.68. Following the sale, the chief executive officer now directly owns 1,395,602 shares in the company, valued at $9,643,609.82. The trade was a 11.56 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through 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 COMP stock opened at $6.60 on Friday. Compass, Inc. has a 52 week low of $1.99 and a 52 week high of $7.01. The stock has a market capitalization of $3.37 billion, a PE ratio of -16.76 and a beta of 2.91. The stock’s fifty day moving average is $6.08 and its 200-day moving average is $4.80.

Analysts Set New Price Targets

COMP has been the subject of a number of analyst reports. Oppenheimer reaffirmed an “outperform” rating and set a $8.50 price objective (up from $8.00) on shares of Compass in a report on Friday, November 1st. Barclays lifted their price objective on Compass from $5.00 to $6.00 and gave the company an “equal weight” rating in a report on Thursday, October 31st. Needham & Company LLC increased their target price on Compass from $6.00 to $8.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. The Goldman Sachs Group boosted their price target on Compass from $4.00 to $4.50 and gave the company a “buy” rating in a research note on Thursday, August 1st. Finally, UBS Group increased their price objective on Compass from $4.40 to $6.50 and gave the stock a “neutral” rating in a research note on Tuesday, October 22nd. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, Compass presently has an average rating of “Moderate Buy” and an average price target of $5.53.

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.