Two Sigma Securities LLC purchased a new stake in shares of Cimpress plc (NASDAQ:CMPR - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 7,681 shares of the business services provider's stock, valued at approximately $551,000.
Other hedge funds also recently modified their holdings of the company. Vestcor Inc bought a new stake in Cimpress during the fourth quarter worth approximately $144,000. Mayfair Advisory Group LLC acquired a new stake in shares of Cimpress during the fourth quarter worth $204,000. Optimist Retirement Group LLC lifted its holdings in shares of Cimpress by 15.1% during the third 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 position in Cimpress in the 4th quarter worth about $263,000. Finally, Prudential Financial Inc. raised its holdings in 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 period. 77.64% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Cimpress
In other news, CFO Sean Edward Quinn bought 5,000 shares of the stock in a transaction on Friday, March 14th. The shares were purchased at an average price of $41.50 per share, for a total transaction of $207,500.00. Following the completion of the purchase, the chief financial officer now directly owns 20,224 shares of the company's stock, valued at $839,296. This trade represents a 32.84 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 17.80% of the stock is currently owned by company insiders.
Cimpress Stock Up 1.7 %
Shares of CMPR traded up $0.71 during trading hours on Tuesday, reaching $42.68. The company's stock had a trading volume of 183,683 shares, compared to its average volume of 171,338. The company has a 50 day moving average of $44.33 and a two-hundred day moving average of $63.20. The firm has a market cap of $1.07 billion, a price-to-earnings ratio of 7.07, a P/E/G ratio of 0.50 and a beta of 1.94. Cimpress plc has a 1-year low of $39.11 and a 1-year high of $104.92.
Cimpress (NASDAQ:CMPR - Get Free Report) last released its quarterly earnings data on Wednesday, January 29th. The business services provider reported $2.36 earnings per share 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, analysts forecast that Cimpress plc will post 3.69 EPS for the current fiscal year.
Wall Street Analyst Weigh In
A number of research firms have recently issued reports on CMPR. Truist Financial cut their price target on shares of Cimpress from $110.00 to $87.00 and set a "buy" rating on the stock in a report on Friday, January 31st. Barrington Research reissued an "outperform" rating and set a $119.00 target price on shares of Cimpress in a research note on Wednesday, January 29th. Finally, StockNews.com raised Cimpress from a "buy" rating to a "strong-buy" rating in a research report on Saturday, February 8th.
Check Out Our Latest Analysis on CMPR
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.
Featured Articles
Before you consider Cimpress, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cimpress wasn't on the list.
While Cimpress currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
