Cimpress plc (NASDAQ:CMPR) CFO Sean Edward Quinn Sells 24,093 Shares

Cimpress plc (NASDAQ:CMPR) CFO Sean Edward Quinn sold 24,093 shares of the company’s stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $98.48, for a total transaction of $2,372,678.64. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Cimpress Price Performance

Shares of Cimpress stock opened at $98.88 on Friday. The firm has a fifty day moving average price of $89.66 and a two-hundred day moving average price of $88.86. Cimpress plc has a fifty-two week low of $57.01 and a fifty-two week high of $104.92. The company has a market cap of $2.48 billion, a PE ratio of 30.52, a price-to-earnings-growth ratio of 0.80 and a beta of 2.00.

Cimpress (NASDAQ:CMPR) last released its earnings results on Wednesday, July 31st. The business services provider reported $4.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.77 by $3.56. The business had revenue of $832.61 million for the quarter, compared to the consensus estimate of $832.90 million. Cimpress had a negative return on equity of 29.56% and a net margin of 5.28%. Analysts expect that Cimpress plc will post 4.24 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently issued reports on CMPR shares. Barrington Research raised their target price on shares of Cimpress from $113.00 to $119.00 and gave the company an “outperform” rating in a research note on Tuesday. StockNews.com raised Cimpress from a “buy” rating to a “strong-buy” rating in a research report on Thursday, August 1st. Finally, Truist Financial increased their target price on Cimpress from $110.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, August 2nd.

Institutional Trading of Cimpress

A number of institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. raised its position in Cimpress by 5.3% in the first quarter. Vanguard Group Inc. now owns 1,812,047 shares of the business services provider’s stock worth $160,384,000 after purchasing an additional 91,543 shares in the last quarter. Lazard Asset Management LLC grew its position in Cimpress by 9,821.4% in the first quarter. Lazard Asset Management LLC now owns 156,361 shares of the business services provider’s stock valued at $13,838,000 after acquiring an additional 154,785 shares during the period. Acadian Asset Management LLC raised its stake in Cimpress by 4.4% during the first quarter. Acadian Asset Management LLC now owns 357,732 shares of the business services provider’s stock worth $31,644,000 after acquiring an additional 15,157 shares in the last quarter. Susquehanna Fundamental Investments LLC bought a new position in shares of Cimpress during the first quarter valued at $273,000. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Cimpress by 1.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 485,989 shares of the business services provider’s stock worth $38,905,000 after purchasing an additional 6,902 shares during the last quarter. 77.64% of the stock is currently owned by institutional investors.

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.