Cimpress plc (NASDAQ:CMPR) Shares Purchased by Barclays PLC

Barclays PLC increased its stake in shares of Cimpress plc (NASDAQ:CMPR - Free Report) by 32.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 84,744 shares of the business services provider's stock after buying an additional 20,919 shares during the quarter. Barclays PLC owned about 0.34% of Cimpress worth $6,078,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vestcor Inc acquired a new position in shares of Cimpress during the 4th quarter valued at about $144,000. Mayfair Advisory Group LLC purchased a new position in Cimpress during the fourth quarter worth about $204,000. Optimist Retirement Group LLC boosted its holdings in Cimpress by 15.1% in the 3rd quarter. Optimist Retirement Group LLC now owns 2,685 shares of the business services provider's stock valued at $220,000 after purchasing an additional 352 shares during the last quarter. Pallas Capital Advisors LLC purchased a new stake in shares of Cimpress in the 4th quarter valued at approximately $263,000. Finally, Prudential Financial Inc. increased its holdings in shares of Cimpress by 36.4% during the 4th quarter. Prudential Financial Inc. now owns 3,707 shares of the business services provider's stock worth $266,000 after buying an additional 990 shares during the last quarter. Institutional investors and hedge funds own 77.64% of the company's stock.

Cimpress Stock Performance

Cimpress stock opened at $42.45 on Friday. The firm has a 50 day moving average price of $44.46 and a 200 day moving average price of $63.71. Cimpress plc has a fifty-two week low of $39.11 and a fifty-two week high of $104.92. The company has a market capitalization of $1.07 billion, a PE ratio of 7.03, a price-to-earnings-growth ratio of 0.50 and a beta of 1.94.

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

Analyst Ratings Changes

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

Insider Transactions at Cimpress

In related news, CFO Sean Edward Quinn acquired 5,000 shares of Cimpress stock in a transaction dated Friday, March 14th. The shares were acquired at an average cost of $41.50 per share, for a total transaction of $207,500.00. Following the completion of the purchase, the chief financial officer now owns 20,224 shares in the company, valued at approximately $839,296. The trade was a 32.84 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 17.80% of the company's stock.

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.

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