Insider Activity to Watch: Compass Diversified Holdings $CODI

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Compass Diversified Holdings (NYSE:CODI) insider have most recently took part in a trading activity. On Jun 22, 2017 Offenberg Alan B, See Remark (a) bought 60,000 shares having total worth of $1,010,400 at the price of $16.84 per share, following the transaction a total of 534,942 shares owned by Offenberg Alan B. Before this latest buy, Offenberg Alan B purchased CODI at 2 other times during the past twelve months, for a total investment of $30.09M at an average of $16.87 per share.

The stock has experienced a total of 3 insider trades in the past three months. These trades include 3 buy trades. Furthermore, over the past 12 months , the stock was traded 16 times by insiders. an employee of the company was the buyer in 16 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 3 0 -1.17%
12 Month 16 0 8.89%

Shares of Compass Diversified Holdings (NYSE:CODI) traded up 0.3% on Jun 21, 2017, hitting $16.9. 121,581 shares of the company’s stock traded hands. Compass Diversified Holdings has a 52 week low of $14.04 and a 52 week high of $19.3. The company’s market cap is $929 million.

Compass Diversified Holdings (NYSE:CODI) last announced its earnings results on May 3, 2017. The company reported -0.46 earnings per share (EPS) for the quarter, lower than the consensus estimate of 0.26 by $0.72. The company had revenue of $290 million for the quarter, compared to the consensus estimate of $276 million. During the same quarter in the previous year, the company posted -0.31 earnings per share. The company’s revenue for the quarter was up 39% on a year-over-year basis.

2017-05-03 2017-03-01 2016-11-02 2016-08-03 2016-05-04 2016-02-29 2015-11-04 2015-08-05 2015-05-06 2015-03-02
earnings per share -0.46 0.36 0.72 0.33 -0.31 0.07 0.16 0.40 -0.47 0.13
Revenue(M) 289.99 318.56 252.29 229.39 208.05 218.09 208.15 284.73 257.27 264.03

Compass Diversified Holdings Shares of Beneficial Interest was incorporated in Delaware on November 18, 2005. The company acquires controlling interests in and actively manage businesses that it thinks operate in industries with long-term macroeconomic growth opportunities, and that have positive and stable cash flows, face minimal threats of technological or competitive obsolescence and have strong management teams largely in place. Its unique public structure provides investors with an opportunity to participate in the ownership and growth of companies which have historically been owned by private equity firms, wealthy individuals or families. Through the acquisition of a diversified group of businesses with these characteristics, the company also offers investors an opportunity to diversify their own portfolio risk while participating in the ongoing cash flows of those businesses through the receipt of distributions. On August 24, 2011, it purchased a controlling interest in CamelBak Products, LLC (‘CamelBak’) with headquarters in Petaluma, California. CamelBak invented the hands-free hydration category and is the global leader in the design and manufacture of personal hydration products for outdoor, recreation and military use. On October 17, 2011, it sold its majority-owned subsidiary, Staffmark Holdings, Inc. (‘Staffmark’) for a total enterprise value of $295 million to a subsidiary of Japan-based Recruit Co., Ltd. It received approximately $217.2 million at the time of sale in net proceeds after deducting fees, costs and non-controlling shareholder’s interests. It recorded a gain of $88.6 million and used the net proceeds to pay down its Prior Revolving Credit Facility. It has two primary strategies that it uses in order to provide distributions to its shareholders and increase shareholder value. First, it focuses on growing the earnings and cash flow from its businesses. The company thinks that the scale and scope of its businesses give it a diverse base of cash flow upon which to further build. Second, it identify, perform due diligence on, negotiate and consummate additional platform acquisitions of small to middle market businesses in attractive industry sectors in accordance with acquisition criteria established by the board of directors. Its operations and facilities are subject to evolving federal, state and local environmental and occupational health and safety laws and regulations.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.