Vanguard Group Inc. Raises Stock Holdings in Cimpress plc (NASDAQ:CMPR)

Vanguard Group Inc. raised its position in shares of Cimpress plc (NASDAQ:CMPR) by 5.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,720,504 shares of the business services provider’s stock after buying an additional 89,931 shares during the quarter. Vanguard Group Inc. owned about 6.46% of Cimpress worth $137,726,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of CMPR. Contravisory Investment Management Inc. purchased a new position in Cimpress during the 4th quarter valued at about $185,000. Crestwood Advisors Group LLC bought a new stake in shares of Cimpress in the 3rd quarter worth approximately $210,000. Olympiad Research LP purchased a new stake in shares of Cimpress in the 4th quarter worth approximately $212,000. Advisory Services Network LLC purchased a new stake in shares of Cimpress in the 4th quarter worth approximately $216,000. Finally, VELA Investment Management LLC purchased a new position in Cimpress during the fourth quarter valued at $239,000. Institutional investors own 77.64% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Insider Activity

In related news, CEO Florian Baumgartner sold 4,432 shares of the firm’s stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $92.24, for a total value of $408,807.68. Following the sale, the chief executive officer now owns 29,804 shares in the company, valued at $2,749,120.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold 27,789 shares of company stock valued at $2,427,516 over the last three months. Insiders own 17.90% of the company’s stock.

Cimpress Trading Up 0.9 %

Cimpress stock opened at $89.61 on Friday. Cimpress plc has a 12 month low of $55.37 and a 12 month high of $100.01. The stock has a fifty day simple moving average of $85.18 and a two-hundred day simple moving average of $85.60. The firm has a market cap of $2.28 billion, a price-to-earnings ratio of 27.66, a PEG ratio of 0.78 and a beta of 2.00.

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

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.