APR 7·MarketBeat→
Compass Diversified (NYSE:CODI) Given New $10.50 Price Target at B. Riley Financial
B. Riley Financial has raised its price target for Compass Diversified (NYSE:CODI) to $10.50 from $8.00, maintaining a "neutral" rating, which implies a potential 7.8% upside. This adjustment comes after the company reported a significant earnings miss in its last quarter, with shares currently trading near $9.74. Despite the mixed analyst ratings, which average out to a "Hold" with a target price of $12.75, insider Stephen Keller recently purchased 30,000 shares, and institutional ownership stands at approximately 72.7%.
APR 6·MarketBeat→
Stephen Keller Buys 30,000 Shares of Compass Diversified (NYSE:CODI) Stock
Insider Stephen Keller recently purchased 30,000 shares of Compass Diversified (NYSE:CODI) for a total of $258,300, increasing his stake to 20,000 shares after the transaction. The company's stock traded at $9.56 mid-day with a negative P/E ratio, and institutional investors hold a significant portion of its shares. Analysts generally rate CODI as a "Hold" with an average price target of $11.50.