Insider Selling: Compass, Inc. (NYSE:COMP) CEO Sells 52,501 Shares of Stock

Compass, Inc. (NYSE:COMP) CEO Robert L. Reffkin sold 52,501 shares of the firm’s stock in a transaction on Monday, November 4th. The shares were sold at an average price of $6.90, for a total transaction of $362,256.90. Following the transaction, the chief executive officer now directly owns 947,499 shares of the company’s stock, valued at $6,537,743.10. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at 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 shares were sold at an average price of $4.91, for a total transaction of $3,998,222.82.

Compass Stock Down 5.8 %

Shares of Compass stock traded down $0.40 during trading hours on Wednesday, reaching $6.47. The company’s stock had a trading volume of 8,398,698 shares, compared to its average volume of 4,631,298. Compass, Inc. has a one year low of $1.88 and a one year high of $7.01. The stock’s fifty day simple moving average is $5.90 and its two-hundred day simple moving average is $4.66.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on COMP shares. Needham & Company LLC raised their price target on shares of Compass from $6.00 to $8.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. UBS Group raised their price target on shares of Compass from $4.40 to $6.50 and gave the company a “neutral” rating in a research note on Tuesday, October 22nd. The Goldman Sachs Group increased their price objective on shares of Compass from $4.00 to $4.50 and gave the stock a “buy” rating in a research report on Thursday, August 1st. Barclays increased their price objective on shares of Compass from $5.00 to $6.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 31st. Finally, Oppenheimer restated an “outperform” rating and issued a $8.50 price target (up from $8.00) on shares of Compass in a report on Friday, November 1st. Five equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $5.17.

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.