Why a Fund Trimmed a $41 Million CompoSecure Stake Amid a 47% Stock Run
Amid a monster year and, more recently, a transformative deal announcement, this move raises a sharper question about how much upside is really left at today’s valuation.Charlotte-based Tikvah Management cut its stake in CompoSecure (CMPO +0.62%) by 280,000 shares and saw its position value reduced by an estimated $9.31 million, according to a November 14 SEC filing.What HappenedAccording to a Securities and Exchange Commission (SEC) filing dated November 14, Tikvah Management reduced its position in Compo ...