compass is a technology-driven real estate platform that is revolutionizing traditional brokerage. we're bringing together some of the world's brightest professionals across real estate, technology, business and creative to simplify and improve the real estate process. we were founded in 2012 by ori allon (who started and sold companies to google & twitter) and robert reffkin (former chief of staff to the president & coo of goldman sachs) and have raised $123 million from leading investors, including goldman sachs, founders fund, thrive capital, and institutional venture partners. the company is headquartered in new york with offices in dc, miami, boston, and the hamptons.
Company profile
Ticker
COMP
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Urban Compass, Inc.
SEC CIK
Corporate docs
Subsidiaries
Compass Brokerage, LLC • Compass California II, Inc. • Compass California, Inc. • Compass Management Holdings, LLC ...
IRS number
300751604
COMP stock data
Latest filings (excl ownership)
D
$7.95 mm in equity, sold $6.75 mm, 1 investor
18 Apr 24
DEFA14A
Additional proxy soliciting materials
18 Apr 24
DEF 14A
Definitive proxy
18 Apr 24
8-K
Regulation FD Disclosure
22 Mar 24
S-8
Registration of securities for employees
28 Feb 24
10-K
2023 FY
Annual report
28 Feb 24
8-K
Compass, Inc. Reports Fourth Quarter and Full Year 2023 Results
27 Feb 24
D
$600.00 k in equity, sold $600.00 k, 4 investors
12 Feb 24
D
$5.12 mm in equity, sold $5.12 mm, 1 investor
23 Jan 24
8-K
Departure of Directors or Certain Officers
27 Dec 23
Transcripts
COMP
Earnings call transcript
2023 Q4
27 Feb 24
COMP
Earnings call transcript
2023 Q3
6 Nov 23
COMP
Earnings call transcript
2023 Q2
7 Aug 23
COMP
Earnings call transcript
2023 Q1
9 May 23
COMP
Earnings call transcript
2022 Q4
28 Feb 23
COMP
Earnings call transcript
2022 Q3
11 Nov 22
COMP
Earnings call transcript
2022 Q2
16 Aug 22
COMP
Earnings call transcript
2022 Q1
13 May 22
COMP
Earnings call transcript
2021 Q4
17 Feb 22
COMP
Earnings call transcript
2021 Q3
11 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
---|---|---|---|
Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 220.00 mm | 220.00 mm | 220.00 mm | 220.00 mm | 220.00 mm | 220.00 mm |
Cash burn (monthly) | 38.47 mm | 11.24 mm | 12.97 mm | 32.06 mm | (no burn) | 8.75 mm |
Cash used (since last report) | 265.09 mm | 77.47 mm | 89.36 mm | 220.93 mm | n/a | 60.30 mm |
Cash remaining | -45.09 mm | 142.53 mm | 130.64 mm | -925.79 k | n/a | 159.70 mm |
Runway (months of cash) | -1.2 | 12.7 | 10.1 | -0.0 | n/a | 18.3 |
Institutional ownership, Q3 2023
64.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 185 |
Opened positions | 21 |
Closed positions | 29 |
Increased positions | 66 |
Reduced positions | 45 |
13F shares | Current |
---|---|
Total value | 880.28 bn |
Total shares | 304.25 mm |
Total puts | 1.16 mm |
Total calls | 1.06 mm |
Total put/call ratio | 1.1 |
Largest owners | Shares | Value |
---|---|---|
SB Investment Advisers | 117.37 mm | $340.36 bn |
Vanguard | 47.33 mm | $137.27 bn |
BLK Blackrock | 21.14 mm | $61.30 bn |
ANTIPODES PARTNERS | 16.27 mm | $47.01 bn |
Senvest Management | 15.47 mm | $44.88 bn |
FMR | 8.23 mm | $23.86 bn |
Winslow Capital Management | 7.12 mm | $20.65 bn |
Geode Capital Management | 6.77 mm | $19.63 bn |
STT State Street | 6.51 mm | $18.87 bn |
MS Morgan Stanley | 5.67 mm | $16.45 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
2 Apr 24 | Bradley K Serwin | Class A Common Stock | Payment of exercise | Dispose F | No | No | 3.56 | 40,242 | 143.26 k | 319,889 |
2 Apr 24 | Bradley K Serwin | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 79,400 | 0.00 | 360,131 |
2 Apr 24 | Bradley K Serwin | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 11,826 | 0.00 | 0 |
2 Apr 24 | Bradley K Serwin | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 33,787 | 0.00 | 0 |
2 Apr 24 | Bradley K Serwin | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 33,787 | 0.00 | 0 |
2 Apr 24 | Phillips JR Charles E | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 8,108 | 0.00 | 77,190 |
2 Apr 24 | Phillips JR Charles E | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 8,108 | 0.00 | 8,108 |
2 Apr 24 | Josh N. McCarter | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 3,716 | 0.00 | 62,387 |
2 Apr 24 | Josh N. McCarter | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 3,716 | 0.00 | 3,716 |
2 Apr 24 | Scott R. Wahlers | Class A Common Stock | Payment of exercise | Dispose F | No | No | 3.56 | 51,853 | 184.60 k | 437,535 |
News
10 Real Estate Stocks Move On Thursday: Fed Rate Cut Possibility Sparks Rally For Troubled Sector
21 Mar 24
Inflation Squeezes Stocks, Bitcoin Slips To $68,000, While Commodities On Track For Best Week In Months: What's Driving Markets Friday?
15 Mar 24
Barclays Maintains Equal-Weight Rating for Compass: Here's What You Need To Know
5 Mar 24
Barclays Maintains Equal-Weight on Compass, Raises Price Target to $4
5 Mar 24
UBS Maintains Neutral on Compass, Raises Price Target to $3.5
1 Mar 24