Insider Buying: Compass Diversified Holdings (CODI) Insider Buys 2,500 Shares of Stock
Compass Diversified Holdings (NYSE:CODI) insider James Bottiglieri acquired 2,500 shares of the stock in a transaction that occurred on Tuesday, November 20th. The stock was acquired at an average cost of $15.18 per share, for a total transaction of $37,950.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
NYSE CODI traded down $0.17 during trading hours on Tuesday, reaching $14.96. The company’s stock had a trading volume of 201,700 shares, compared to its average volume of 171,633. The stock has a market cap of $910.48 million, a price-to-earnings ratio of 22.35 and a beta of 0.55. Compass Diversified Holdings has a fifty-two week low of $14.06 and a fifty-two week high of $18.35. The company has a current ratio of 2.52, a quick ratio of 1.35 and a debt-to-equity ratio of 1.45.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 25th. Investors of record on Thursday, October 18th were paid a $0.36 dividend. The ex-dividend date was Wednesday, October 17th. This represents a $1.44 dividend on an annualized basis and a yield of 9.63%.
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Millennium Management LLC grew its stake in shares of Compass Diversified by 398.2% in the first quarter. Millennium Management LLC now owns 86,880 shares of the financial services provider’s stock worth $1,425,000 after purchasing an additional 69,441 shares during the last quarter. Allianz Asset Management GmbH bought a new stake in Compass Diversified during the 1st quarter valued at approximately $624,000. Gilman Hill Asset Management LLC boosted its position in Compass Diversified by 2.5% during the 2nd quarter. Gilman Hill Asset Management LLC now owns 234,605 shares of the financial services provider’s stock valued at $4,059,000 after acquiring an additional 5,719 shares in the last quarter. Kendall Capital Management bought a new stake in Compass Diversified during the 2nd quarter valued at approximately $233,000. Finally, Wellington Shields & Co. LLC boosted its position in Compass Diversified by 26.7% during the 2nd quarter. Wellington Shields & Co. LLC now owns 49,510 shares of the financial services provider’s stock valued at $857,000 after acquiring an additional 10,440 shares in the last quarter. 35.43% of the stock is currently owned by hedge funds and other institutional investors.
About Compass Diversified
Compass Diversified Holdings LLC is a private equity firm specializing in acquisitions, buyouts, industry consolidation, recapitalization, and middle market investments. It seeks to invest in niche industrial or branded consumer companies, manufacturing, distribution, consumer products, business services sector, safety & security, electronic components, food, foodservice.
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