Compass Diversified Holdings (NYSE:CODI) insider James Bottiglieri acquired 3,000 shares of the stock in a transaction that occurred on Wednesday, May 17th. The stock was acquired at an average cost of $16.24 per share, for a total transaction of $48,720.00. Following the completion of the transaction, the insider now directly owns 45,462 shares in the company, valued at approximately $738,302.88. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Compass Diversified Holdings (NYSE:CODI) traded up 0.62% during trading on Thursday, reaching $16.30. The company had a trading volume of 132,160 shares. Compass Diversified Holdings has a 12-month low of $15.61 and a 12-month high of $19.50. The stock has a 50 day moving average of $16.63 and a 200-day moving average of $17.36. The stock has a market capitalization of $976.37 million, a P/E ratio of 105.16 and a beta of 0.75.

Compass Diversified Holdings (NYSE:CODI) last announced its earnings results on Wednesday, March 1st. The financial services provider reported $0.07 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.47 by $0.40. The firm had revenue of $318.56 million during the quarter, compared to analyst estimates of $315.31 million. Compass Diversified Holdings had a net margin of 5.59% and a return on equity of 9.65%. Compass Diversified Holdings’s revenue was up 59.7% on a year-over-year basis. During the same quarter last year, the business earned ($0.39) earnings per share. On average, analysts forecast that Compass Diversified Holdings will post $1.53 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for Compass Diversified Holdings (NYSE:CODI)

The company also recently announced a quarterly dividend, which was paid on Thursday, April 27th. Shareholders of record on Thursday, April 20th were paid a $0.36 dividend. The ex-dividend date was Tuesday, April 18th. This represents a $1.44 annualized dividend and a yield of 8.83%. Compass Diversified Holdings’s dividend payout ratio (DPR) is 378.95%.

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Several research firms recently issued reports on CODI. Zacks Investment Research cut Compass Diversified Holdings from a “hold” rating to a “sell” rating in a research report on Monday, January 23rd. TheStreet cut Compass Diversified Holdings from a “b” rating to a “c+” rating in a research report on Wednesday, March 1st. SunTrust Banks, Inc. reaffirmed a “buy” rating and issued a $19.00 price objective on shares of Compass Diversified Holdings in a research report on Wednesday, February 8th. Finally, Jefferies Group LLC reaffirmed a “buy” rating and issued a $22.00 price objective on shares of Compass Diversified Holdings in a research report on Thursday, March 16th. One equities research analyst has rated the stock with a sell rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $19.75.

Large investors have recently made changes to their positions in the stock. American Century Companies Inc. increased its stake in shares of Compass Diversified Holdings by 18.1% in the first quarter. American Century Companies Inc. now owns 2,029,803 shares of the financial services provider’s stock valued at $33,695,000 after buying an additional 311,075 shares during the period. Schroder Investment Management Group increased its stake in shares of Compass Diversified Holdings by 11.8% in the first quarter. Schroder Investment Management Group now owns 1,065,877 shares of the financial services provider’s stock valued at $17,480,000 after buying an additional 112,677 shares during the period. Essex Financial Services Inc. increased its stake in shares of Compass Diversified Holdings by 9.0% in the first quarter. Essex Financial Services Inc. now owns 619,076 shares of the financial services provider’s stock valued at $1,028,000 after buying an additional 51,250 shares during the period. Morgan Stanley increased its stake in shares of Compass Diversified Holdings by 1.5% in the first quarter. Morgan Stanley now owns 483,861 shares of the financial services provider’s stock valued at $8,033,000 after buying an additional 7,296 shares during the period. Finally, Renaissance Technologies LLC increased its stake in shares of Compass Diversified Holdings by 76.1% in the fourth quarter. Renaissance Technologies LLC now owns 380,179 shares of the financial services provider’s stock valued at $6,805,000 after buying an additional 164,236 shares during the period. Institutional investors own 33.83% of the company’s stock.

About Compass Diversified Holdings

Compass Diversified Holdings (the Trust) and Compass Group Diversified Holdings, LLC, (the Company), acquires and manages small and middle-market businesses. The Company operates through segments include Acquisition Corp. (5.11 Tactical), The Ergo Baby Carrier, Inc (Ergobaby), Liberty Safe and Security Products, Inc (Liberty), Fresh Hemp Foods Ltd.

5 Day Chart for NYSE:CODI

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