Florian Baumgartner Sells 4,035 Shares of Cimpress plc (NASDAQ:CMPR) Stock

Cimpress plc (NASDAQ:CMPR) CEO Florian Baumgartner sold 4,035 shares of the stock in a transaction that occurred on Monday, June 17th. The shares were sold at an average price of $81.43, for a total transaction of $328,570.05. Following the sale, the chief executive officer now directly owns 23,584 shares of the company’s stock, valued at $1,920,445.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Florian Baumgartner also recently made the following trade(s):

• On Monday, June 3rd, Florian Baumgartner sold 4,035 shares of Cimpress stock. The shares were sold at an average price of $81.28, for a total value of $327,964.80.
• On Wednesday, May 15th, Florian Baumgartner sold 3,410 shares of Cimpress stock. The shares were sold at an average price of $85.18, for a total value of $290,463.80.
• On Wednesday, May 1st, Florian Baumgartner sold 3,410 shares of Cimpress stock. The shares were sold at an average price of $84.83, for a total value of $289,270.30.
• On Monday, April 15th, Florian Baumgartner sold 4,432 shares of Cimpress stock. The shares were sold at an average price of $92.24, for a total transaction of $408,807.68.
• On Monday, April 8th, Florian Baumgartner sold 4,433 shares of Cimpress stock. The stock was sold at an average price of $97.88, for a total transaction of $433,902.04.
• On Monday, April 1st, Florian Baumgartner sold 5,683 shares of Cimpress stock. The shares were sold at an average price of $89.97, for a total transaction of $511,299.51.
• On Thursday, March 21st, Florian Baumgartner sold 5,683 shares of Cimpress stock. The stock was sold at an average price of $92.81, for a total transaction of $527,439.23.

Cimpress Stock Performance

Shares of CMPR opened at $83.27 on Wednesday. The company has a market capitalization of $2.12 billion, a PE ratio of 25.70, a PEG ratio of 1.05 and a beta of 1.97. The company’s 50 day moving average price is $86.47 and its 200 day moving average price is $84.87. Cimpress plc has a 52 week low of $52.03 and a 52 week high of $100.01.

Cimpress (NASDAQ:CMPR) last issued its earnings results on Wednesday, May 1st. The business services provider reported ($0.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.29). Cimpress had a net margin of 2.69% and a negative return on equity of 14.44%. The company had revenue of $780.59 million for the quarter, compared to analyst estimates of $782.65 million. During the same period last year, the business earned ($0.97) EPS. On average, equities analysts forecast that Cimpress plc will post 2.93 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of Cimpress by 17.7% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 66,921 shares of the business services provider’s stock valued at $4,685,000 after buying an additional 10,057 shares in the last quarter. Legacy Advisors LLC bought a new stake in Cimpress in the third quarter worth approximately $833,000. Lazard Asset Management LLC increased its stake in shares of Cimpress by 2,607.2% during the 3rd quarter. Lazard Asset Management LLC now owns 59,991 shares of the business services provider’s stock worth $4,199,000 after purchasing an additional 57,775 shares during the last quarter. SG Americas Securities LLC raised its holdings in shares of Cimpress by 673.6% during the 4th quarter. SG Americas Securities LLC now owns 31,796 shares of the business services provider’s stock valued at $2,545,000 after purchasing an additional 27,686 shares in the last quarter. Finally, Graham Capital Management L.P. lifted its stake in shares of Cimpress by 22.7% in the 3rd quarter. Graham Capital Management L.P. now owns 5,358 shares of the business services provider’s stock valued at $375,000 after purchasing an additional 992 shares during the last quarter. 77.64% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently issued reports on CMPR. Barrington Research restated an “outperform” rating and issued a $113.00 target price on shares of Cimpress in a report on Tuesday, May 28th. StockNews.com downgraded Cimpress from a “strong-buy” rating to a “buy” rating in a research note on Monday, May 6th.

Cimpress Company 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.