Bares Capital Management Inc. decreased its position in Cimpress plc (NASDAQ:CMPR - Free Report) by 97.1% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 5,031 shares of the business services provider's stock after selling 171,000 shares during the period. Cimpress comprises 0.0% of Bares Capital Management Inc.'s portfolio, making the stock its 18th biggest position. Bares Capital Management Inc.'s holdings in Cimpress were worth $412,000 at the end of the most recent reporting period.
Several other institutional investors have also recently bought and sold shares of the company. Janus Henderson Group PLC lifted its stake in Cimpress by 5.2% in the 3rd quarter. Janus Henderson Group PLC now owns 2,847,327 shares of the business services provider's stock valued at $233,253,000 after acquiring an additional 140,899 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Cimpress by 0.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 512,613 shares of the business services provider's stock worth $44,909,000 after purchasing an additional 4,441 shares during the last quarter. Diamond Hill Capital Management Inc. increased its position in shares of Cimpress by 6.3% during the 3rd quarter. Diamond Hill Capital Management Inc. now owns 450,253 shares of the business services provider's stock worth $36,885,000 after purchasing an additional 26,727 shares during the last quarter. Acadian Asset Management LLC increased its position in shares of Cimpress by 11.0% during the 2nd quarter. Acadian Asset Management LLC now owns 397,170 shares of the business services provider's stock worth $34,776,000 after purchasing an additional 39,438 shares during the last quarter. Finally, Hantz Financial Services Inc. increased its position in shares of Cimpress by 0.5% during the 3rd quarter. Hantz Financial Services Inc. now owns 145,703 shares of the business services provider's stock worth $11,936,000 after purchasing an additional 785 shares during the last quarter. Institutional investors own 77.64% of the company's stock.
Cimpress Price Performance
Shares of CMPR stock traded up $0.36 on Tuesday, hitting $83.53. 122,777 shares of the company's stock were exchanged, compared to its average volume of 151,176. Cimpress plc has a 12 month low of $58.05 and a 12 month high of $104.92. The stock has a market cap of $2.10 billion, a P/E ratio of 14.60, a price-to-earnings-growth ratio of 0.69 and a beta of 2.08. The company has a 50 day moving average of $79.09 and a 200 day moving average of $84.62.
Cimpress (NASDAQ:CMPR - Get Free Report) last issued its earnings results on Wednesday, October 30th. The business services provider reported ($0.50) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.30 by ($0.80). Cimpress had a negative return on equity of 27.15% and a net margin of 4.69%. The firm had revenue of $804.97 million during the quarter, compared to analyst estimates of $800.51 million. During the same period in the previous year, the company earned $0.17 EPS. Sell-side analysts predict that Cimpress plc will post 4.27 EPS for the current fiscal year.
Wall Street Analyst Weigh In
A number of research analysts recently weighed in on CMPR shares. Truist Financial decreased their target price on Cimpress from $120.00 to $110.00 and set a "buy" rating on the stock in a report on Friday, November 1st. StockNews.com lowered Cimpress from a "strong-buy" rating to a "buy" rating in a report on Friday, November 8th. Finally, Barrington Research boosted their target price on Cimpress from $113.00 to $119.00 and gave the stock an "outperform" rating in a report on Tuesday, August 27th.
Read Our Latest Report on CMPR
Cimpress Profile
(
Free Report)
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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