GSA Capital Partners LLP decreased its holdings in shares of Cimpress plc (NASDAQ:CMPR - Free Report) by 69.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,864 shares of the business services provider's stock after selling 15,370 shares during the quarter. GSA Capital Partners LLP's holdings in Cimpress were worth $562,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of the business. ProShare Advisors LLC boosted its holdings in Cimpress by 8.6% in the 1st quarter. ProShare Advisors LLC now owns 3,238 shares of the business services provider's stock valued at $287,000 after purchasing an additional 257 shares during the period. Swiss National Bank boosted its holdings in Cimpress by 0.9% in the 1st quarter. Swiss National Bank now owns 34,100 shares of the business services provider's stock valued at $3,018,000 after purchasing an additional 300 shares during the period. Rhumbline Advisers lifted its holdings in shares of Cimpress by 1.1% during the 2nd quarter. Rhumbline Advisers now owns 27,106 shares of the business services provider's stock worth $2,375,000 after acquiring an additional 308 shares during the period. The Manufacturers Life Insurance Company lifted its holdings in shares of Cimpress by 3.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 10,383 shares of the business services provider's stock worth $910,000 after acquiring an additional 334 shares during the period. Finally, CWM LLC lifted its holdings in shares of Cimpress by 51.4% during the 3rd quarter. CWM LLC now owns 1,258 shares of the business services provider's stock worth $103,000 after acquiring an additional 427 shares during the period. Institutional investors and hedge funds own 77.64% of the company's stock.
Insider Buying and Selling at Cimpress
In other Cimpress news, EVP Maarten Wensveen sold 1,317 shares of the business's stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $90.00, for a total transaction of $118,530.00. Following the completion of the transaction, the executive vice president now owns 22,830 shares of the company's stock, valued at approximately $2,054,700. The trade was a 5.45 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Sean Edward Quinn sold 24,093 shares of the business's stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $98.48, for a total value of $2,372,678.64. The disclosure for this sale can be found here. Insiders have sold a total of 71,116 shares of company stock worth $7,019,606 over the last ninety days. Insiders own 17.80% of the company's stock.
Cimpress Price Performance
CMPR traded up $1.35 during trading on Wednesday, reaching $78.38. The company had a trading volume of 156,305 shares, compared to its average volume of 153,061. Cimpress plc has a 12 month low of $58.05 and a 12 month high of $104.92. The business's fifty day moving average price is $79.63 and its 200 day moving average price is $84.98. The company has a market cap of $1.97 billion, a P/E ratio of 13.47, a PEG ratio of 0.66 and a beta of 2.05.
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 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 for the quarter, compared to analyst estimates of $800.51 million. During the same quarter in the previous year, the firm posted $0.17 earnings per share. As a group, sell-side analysts predict that Cimpress plc will post 4.3 EPS for the current fiscal year.
Analysts Set New Price Targets
A number of equities analysts have recently commented on CMPR shares. StockNews.com downgraded shares of Cimpress from a "strong-buy" rating to a "buy" rating in a report on Friday, November 8th. Barrington Research raised their price objective on shares of Cimpress from $113.00 to $119.00 and gave the company an "outperform" rating in a research report on Tuesday, August 27th. Finally, Truist Financial lowered their price objective on shares of Cimpress from $120.00 to $110.00 and set a "buy" rating for the company in a research report on Friday, November 1st.
Get Our Latest Stock Report on Cimpress
Cimpress Company 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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