Compass, Inc. (NYSE:COMP) CAO Scott R. Wahlers Sells 250,000 Shares

Compass, Inc. (NYSE:COMP) CAO Scott R. Wahlers sold 250,000 shares of the stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $9.27, for a total value of $2,317,500.00. Following the sale, the chief accounting officer now directly owns 329,187 shares in the company, valued at $3,051,563.49. This trade represents a 43.16 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Compass Trading Down 7.9 %

Shares of COMP opened at $9.01 on Friday. Compass, Inc. has a 12 month low of $2.89 and a 12 month high of $10.25. The stock has a fifty day moving average price of $6.80 and a 200-day moving average price of $6.27. The firm has a market cap of $4.60 billion, a PE ratio of -29.05 and a beta of 2.95.

Compass (NYSE:COMP) last issued its quarterly earnings data on Tuesday, February 18th. The company reported ($0.08) EPS for the quarter, beating the consensus estimate of ($0.10) by $0.02. The firm had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.38 billion. Compass had a negative return on equity of 39.72% and a negative net margin of 2.74%. During the same quarter in the prior year, the business posted ($0.09) EPS. As a group, research analysts forecast that Compass, Inc. will post 0.09 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. The Goldman Sachs Group increased their target price on Compass from $8.00 to $9.00 and gave the company a “buy” rating in a research report on Wednesday. Needham & Company LLC increased their target price on Compass from $10.00 to $12.00 and gave the company a “buy” rating in a research report on Wednesday. Barclays increased their target price on Compass from $6.00 to $7.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 11th. UBS Group increased their target price on Compass from $11.00 to $12.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, Morgan Stanley increased their target price on Compass from $6.00 to $8.50 and gave the company an “equal weight” rating in a research report on Wednesday. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, Compass presently has a consensus rating of “Moderate Buy” and a consensus target price of $8.69.

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.