Cimpress plc (NASDAQ:CMPR) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. decreased its stake in Cimpress plc (NASDAQ:CMPR - Free Report) by 10.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 218,497 shares of the business services provider's stock after selling 24,451 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.87% of Cimpress worth $15,671,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Public Employees Retirement System of Ohio purchased a new position in Cimpress in the 3rd quarter worth approximately $29,000. Quarry LP acquired a new position in shares of Cimpress during the third quarter worth $111,000. Point72 Asset Management L.P. purchased a new position in shares of Cimpress in the third quarter valued at $115,000. Meeder Asset Management Inc. acquired a new stake in Cimpress during the 3rd quarter valued at $130,000. Finally, Mayfair Advisory Group LLC purchased a new stake in Cimpress during the 4th quarter worth $204,000. Institutional investors and hedge funds own 77.64% of the company's stock.

Analysts Set New Price Targets

CMPR has been the subject of a number of analyst reports. Barrington Research reissued an "outperform" rating and issued a $119.00 price objective on shares of Cimpress in a research report on Wednesday, January 29th. Truist Financial reduced their price target on Cimpress from $110.00 to $87.00 and set a "buy" rating for the company in a report on Friday, January 31st. Finally, StockNews.com upgraded Cimpress from a "buy" rating to a "strong-buy" rating in a report on Saturday, February 8th.

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Insider Transactions at Cimpress

In other Cimpress news, CFO Sean Edward Quinn purchased 5,000 shares of Cimpress stock in a transaction dated Friday, March 14th. The shares were bought at an average cost of $41.50 per share, for a total transaction of $207,500.00. Following the transaction, the chief financial officer now owns 20,224 shares in the company, valued at $839,296. This represents a 32.84 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 17.80% of the company's stock.

Cimpress Trading Up 0.3 %

NASDAQ CMPR traded up $0.14 during trading hours on Monday, reaching $43.46. 173,926 shares of the company traded hands, compared to its average volume of 159,135. The stock has a market capitalization of $1.09 billion, a PE ratio of 7.20, a PEG ratio of 0.50 and a beta of 2.22. Cimpress plc has a 12 month low of $41.24 and a 12 month high of $104.92. The company has a 50 day moving average of $56.30 and a two-hundred day moving average of $70.92.

Cimpress (NASDAQ:CMPR - Get Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The business services provider reported $2.36 EPS for the quarter, missing the consensus estimate of $2.52 by ($0.16). Cimpress had a negative return on equity of 27.64% and a net margin of 4.75%. On average, equities research analysts anticipate that Cimpress plc will post 3.69 earnings per share for the current year.

Cimpress Profile

Cimpress plc provides various mass customization of printing and related products in North America, Europe, and internationally. The company operates through five segments: Vista, PrintBrothers, The Print Group, National Pen, and All Other Businesses. It offers printed and digital marketing products; internet-based canvas-print wall décor, business signage, and other printed products; business cards; and marketing materials, such as flyers and postcards, digital and marketing services, writing instruments, decorated apparel, promotional products and gifts, packaging, design services, textiles, and magazines and catalogs.