Cimpress plc (NASDAQ:CMPR) EVP Sells $148,590.00 in Stock

Cimpress plc (NASDAQ:CMPRGet Free Report) EVP Maarten Wensveen sold 1,651 shares of the stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $90.00, for a total transaction of $148,590.00. Following the completion of the transaction, the executive vice president now directly owns 10,779 shares of the company’s stock, valued at $970,110. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Cimpress Trading Up 1.8 %

CMPR opened at $91.60 on Monday. Cimpress plc has a 12-month low of $30.17 and a 12-month high of $99.00. The firm has a 50 day moving average of $80.67 and a two-hundred day moving average of $72.19. The firm has a market capitalization of $2.44 billion, a PE ratio of 60.66, a P/E/G ratio of 1.20 and a beta of 1.93.

Cimpress (NASDAQ:CMPRGet Free Report) last issued its earnings results on Wednesday, January 31st. The business services provider reported $2.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.90. Cimpress had a net margin of 1.31% and a negative return on equity of 10.76%. The firm had revenue of $921.36 million during the quarter, compared to analysts’ expectations of $901.13 million. As a group, analysts predict that Cimpress plc will post 3.19 EPS for the current fiscal year.

Institutional Trading of Cimpress

A number of hedge funds have recently modified their holdings of the stock. Advisor Group Holdings Inc. lifted its holdings in Cimpress by 85.1% in the fourth quarter. Advisor Group Holdings Inc. now owns 1,616 shares of the business services provider’s stock valued at $44,000 after acquiring an additional 743 shares during the period. Tower Research Capital LLC TRC increased its holdings in shares of Cimpress by 239.7% during the 3rd quarter. Tower Research Capital LLC TRC now owns 2,687 shares of the business services provider’s stock valued at $66,000 after purchasing an additional 1,896 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of Cimpress by 12.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,161 shares of the business services provider’s stock valued at $87,000 after purchasing an additional 346 shares during the period. DekaBank Deutsche Girozentrale purchased a new stake in Cimpress during the third quarter worth $88,000. Finally, Ameritas Investment Partners Inc. boosted its holdings in Cimpress by 10.2% during the second quarter. Ameritas Investment Partners Inc. now owns 1,926 shares of the business services provider’s stock worth $115,000 after buying an additional 179 shares in the last quarter. Hedge funds and other institutional investors own 76.41% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on CMPR. Barrington Research raised their price target on shares of Cimpress from $100.00 to $113.00 and gave the stock an “outperform” rating in a report on Monday, February 5th. Truist Financial raised their target price on Cimpress from $90.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday, February 2nd.

Check Out Our Latest Stock Report on Cimpress

About Cimpress

(Get 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.

Further Reading

Insider Buying and Selling by Quarter for Cimpress (NASDAQ:CMPR)

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