Florian Baumgartner Sells 4,034 Shares of Cimpress plc (NASDAQ:CMPR) Stock

Cimpress plc (NASDAQ:CMPR) CEO Florian Baumgartner sold 4,034 shares of the firm’s stock in a transaction on Monday, July 1st. The shares were sold at an average price of $86.40, for a total transaction of $348,537.60. Following the transaction, the chief executive officer now directly owns 19,550 shares of the company’s stock, valued at $1,689,120. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

• On Monday, June 17th, Florian Baumgartner sold 4,035 shares of Cimpress stock. The shares were sold at an average price of $81.43, for a total transaction of $328,570.05.
• 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 transaction 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 transaction 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 transaction 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.

Cimpress Trading Up 0.9 %

Cimpress stock opened at $89.61 on Thursday. The firm has a 50-day moving average price of $85.16 and a 200-day moving average price of $85.57. The firm has a market capitalization of $2.28 billion, a PE ratio of 27.66, a price-to-earnings-growth ratio of 0.78 and a beta of 2.00. Cimpress plc has a 12-month low of $55.37 and a 12-month high of $100.01.

Cimpress (NASDAQ:CMPR) last released its earnings results on Wednesday, May 1st. The business services provider reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.29). The firm had revenue of $780.59 million during the quarter, compared to the consensus estimate of $782.65 million. Cimpress had a negative return on equity of 14.44% and a net margin of 2.69%. During the same quarter last year, the business posted ($0.97) EPS. As a group, sell-side analysts predict that Cimpress plc will post 2.93 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Cimpress

Institutional investors have recently made changes to their positions in the company. Bayesian Capital Management LP bought a new stake in Cimpress during the 1st quarter valued at about $341,000. Price T Rowe Associates Inc. MD lifted its holdings in Cimpress by 5.7% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 12,039 shares of the business services provider’s stock valued at $1,066,000 after buying an additional 648 shares in the last quarter. Lazard Asset Management LLC lifted its holdings in Cimpress by 9,821.4% during the 1st quarter. Lazard Asset Management LLC now owns 156,361 shares of the business services provider’s stock valued at $13,838,000 after buying an additional 154,785 shares in the last quarter. Seven Eight Capital LP bought a new stake in Cimpress during the 1st quarter valued at about $263,000. Finally, Hillsdale Investment Management Inc. lifted its holdings in Cimpress by 8.7% during the 1st quarter. Hillsdale Investment Management Inc. now owns 47,863 shares of the business services provider’s stock valued at $4,236,000 after buying an additional 3,841 shares in the last quarter. Institutional investors own 77.64% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on CMPR. StockNews.com cut shares of Cimpress from a “strong-buy” rating to a “buy” rating in a research note on Monday, May 6th. Barrington Research reissued an “outperform” rating and issued a $113.00 price objective on shares of Cimpress in a research note on Tuesday, May 28th.

About Cimpress

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.