Cimpress plc (NASDAQ:CMPR) CFO Sean Edward Quinn Purchases 5,000 Shares

Cimpress plc (NASDAQ:CMPR) CFO Sean Edward Quinn purchased 5,000 shares of Cimpress stock in a transaction that occurred on Friday, March 14th. The stock was acquired at an average cost of $41.50 per share, with a total value of $207,500.00. Following the acquisition, the chief financial officer now directly owns 20,224 shares of the company’s stock, valued at $839,296. The trade was a 32.84 % increase in their position. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink.

Cimpress Stock Up 0.0 %

NASDAQ:CMPR opened at $45.08 on Wednesday. The business’s 50 day moving average is $57.81 and its two-hundred day moving average is $72.03. Cimpress plc has a 52 week low of $41.24 and a 52 week high of $104.92. The company has a market cap of $1.13 billion, a PE ratio of 7.46, a P/E/G ratio of 0.50 and a beta of 2.22.

Cimpress (NASDAQ:CMPR) last released its earnings results on Wednesday, January 29th. The business services provider reported $2.36 EPS for the quarter, missing analysts’ consensus estimates of $2.52 by ($0.16). Cimpress had a negative return on equity of 27.64% and a net margin of 4.75%. As a group, sell-side analysts expect that Cimpress plc will post 3.69 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. StockNews.com raised Cimpress from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 8th. Truist Financial reduced their price target on Cimpress from $110.00 to $87.00 and set a “buy” rating for the company in a report on Friday, January 31st. Finally, Barrington Research reissued an “outperform” rating and issued a $119.00 price target on shares of Cimpress in a report on Wednesday, January 29th.

Institutional Trading of Cimpress

A number of institutional investors and hedge funds have recently made changes to their positions in CMPR. Victory Capital Management Inc. raised its position in shares of Cimpress by 14.8% during the 3rd quarter. Victory Capital Management Inc. now owns 3,274 shares of the business services provider’s stock worth $268,000 after purchasing an additional 423 shares during the period. Meeder Asset Management Inc. acquired a new stake in shares of Cimpress during the 3rd quarter worth approximately $130,000. Connor Clark & Lunn Investment Management Ltd. raised its position in shares of Cimpress by 42.8% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 98,322 shares of the business services provider’s stock worth $8,055,000 after purchasing an additional 29,484 shares during the period. Moran Wealth Management LLC raised its position in shares of Cimpress by 35.4% during the 3rd quarter. Moran Wealth Management LLC now owns 6,302 shares of the business services provider’s stock worth $516,000 after purchasing an additional 1,649 shares during the period. Finally, Intech Investment Management LLC acquired a new stake in shares of Cimpress during the 3rd quarter worth approximately $477,000. 77.64% of the stock is currently owned by institutional investors and hedge funds.

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.