Key Points
- Compass CFO Scott Wahlers sold 99,986 shares on Jan. 7 at an average price of $12.03 for about $1.20M, trimming his stake by ~28.6% to 250,073 shares (valued ~ $3.01M).
- Compass’s merger with Anywhere was overwhelmingly approved and key regulatory hurdles (HSR/antitrust) have cleared, making a near‑term closing more likely and serving as a potential catalyst for the stock.
- Compass priced an upsized $850M convertible senior notes offering (with a $150M option) to boost liquidity ahead of integration, which supports cash needs but could introduce future equity dilution if the notes convert.
Compass, Inc. (NYSE:COMP - Get Free Report) CFO Scott Wahlers sold 99,986 shares of the company's stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $12.03, for a total value of $1,202,831.58. Following the sale, the chief financial officer owned 250,073 shares of the company's stock, valued at $3,008,378.19. This represents a 28.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Compass Trading Up 3.7%
COMP opened at $12.28 on Friday. The company has a fifty day simple moving average of $10.13 and a 200 day simple moving average of $8.64. Compass, Inc. has a twelve month low of $5.10 and a twelve month high of $12.58. The firm has a market cap of $6.89 billion, a price-to-earnings ratio of -111.59 and a beta of 2.53.
Compass (NYSE:COMP - Get Free Report) last issued its quarterly earnings results on Tuesday, November 4th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.02) by $0.01. The business had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.79 billion. Compass had a negative net margin of 0.85% and a negative return on equity of 8.83%. On average, analysts forecast that Compass, Inc. will post 0.09 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Several research analysts have commented on the stock. Wall Street Zen cut shares of Compass from a "buy" rating to a "hold" rating in a research report on Wednesday. UBS Group raised their target price on shares of Compass from $11.00 to $12.00 and gave the company a "buy" rating in a research note on Wednesday, November 5th. Zacks Research upgraded Compass from a "strong sell" rating to a "hold" rating in a report on Monday, November 10th. Wells Fargo & Company upped their price target on shares of Compass from $7.00 to $8.00 and gave the stock an "equal weight" rating in a research note on Wednesday, November 5th. Finally, BTIG Research lifted their price target on shares of Compass from $12.50 to $15.00 and gave the company a "buy" rating in a research report on Thursday. Seven analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $11.33.
Check Out Our Latest Analysis on COMP
Compass News Roundup
Here are the key news stories impacting Compass this week:
- Positive Sentiment: Stockholders of Compass and Anywhere overwhelmingly approved the merger at special meetings, clearing a key corporate step toward closing and potential scale/synergy benefits. Compass and Anywhere Stockholders Overwhelmingly Approve Merger
- Positive Sentiment: Regulatory hurdles have been cleared (the HSR waiting period passed and antitrust review showed no conditions), making a near-term closing more likely — a catalyst that typically supports share gains. Proposed Compass, Anywhere merger clears major antitrust hurdle
- Neutral Sentiment: Compass priced an upsized private offering of $850M in convertible senior notes due 2031 (with an option to upsell $150M). The raise boosts liquidity ahead of integration but introduces potential future dilution if notes convert—mixed implications for equity holders. Compass, Inc. Announces Upsize and Pricing of $850,000,000 Convertible Senior Notes
- Negative Sentiment: Compass’s CFO, Scott Wahlers, sold 99,986 shares on Jan. 7 at about $12.03, trimming his stake by ~28.6% — an insider sale that can spook investors even if legally routine. SEC Form 4 — CFO Sale
- Negative Sentiment: Market commentators note a recent rapid share move on heavy volume but caution that recent analyst estimate revisions don’t yet point to sustained upside, suggesting the rally may need fundamental follow-through. Compass (COMP) Surges 9.3%: Is This an Indication of Further Gains?
About Compass
(
Get Free Report)
Compass, Inc is a technology-driven real estate brokerage firm that provides a full suite of services for home buyers, sellers and renters. Utilizing a proprietary software platform, the company equips its network of licensed real estate agents with data analytics, marketing automation and client relationship tools designed to enhance efficiency and transaction transparency.
Founded in 2012 by Ori Allon and Robert Reffkin, Compass has grown from a single office in New York City to serve more than 300 markets across the United States.
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