CompoSecure Pick of the Week at Smart Insider Following Chair David Cote's Stock Purchase

MT Newswires Live
04 Mar

CompoSecure (CMPO) was Smart Insider's stock pick of the week after the company's Chair David Cote bought $13.8 million worth of CompoSecure's shares at an average price of $15.74 apiece in February.

Cote also bought $372 million worth of company shares in September and took a control position, Smart Insider said in a note Tuesday.

"Six months after that transaction, it is interesting to see additional large purchases from him, even after the stock has doubled and is at a multi-year high," the note said.

Smart Insider ranked the stock +1, or strong positive signal, on Feb. 24.

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