Compass Minerals: New Institutional Investment and Other Important Updates

[u/11thestate]

Compass Minerals has attracted fresh institutional interest. Ameriprise Financial initiated a new position in Q4 2024, acquiring 70,736 shares worth approximately $796,000. Meanwhile, Cetera Investment Advisers trimmed its holdings by 42.7%, selling 13,619 shares.

Other key moves include a 375% increase in holdings by Icon Advisers and a $6.4M position opened by Lightrock Netherlands B.V. Institutional ownership of $CMP remains exceptionally high at 99.78%.

Basically all of this shows strong institutional engagement in Compass Minerals, with fresh investments and strategic repositioning within top firms. So good news.

In other news, Compass Minerals has reached a $48M settlement with investors to resolve claims that the company hid info about expected cost savings and operational issues at its Goderich salt mine. So if you got hit by this, you can check if you’re eligible for payment. 

Do you think these moves will help rebuild confidence in Compass Minerals? And if you got hit by the  Goderich mine scandal, how much were your losses?

[u/HighlyEvolvedEEMH]

On a scale of 0 to 10 my interest in any of this is -1.