Hantz Financial Services Inc. Buys New Shares in Cimpress plc (NASDAQ:CMPR)

Hantz Financial Services Inc. bought a new position in shares of Cimpress plc (NASDAQ:CMPR) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 144,918 shares of the business services provider’s stock, valued at approximately $12,696,000. Hantz Financial Services Inc. owned approximately 0.57% of Cimpress as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of CMPR. CWM LLC boosted its position in shares of Cimpress by 166.3% during the 2nd quarter. CWM LLC now owns 831 shares of the business services provider’s stock worth $73,000 after purchasing an additional 519 shares in the last quarter. Principal Financial Group Inc. acquired a new position in Cimpress during the 1st quarter worth approximately $200,000. Legacy Capital Group California Inc. bought a new position in Cimpress in the second quarter worth approximately $202,000. Olympiad Research LP bought a new position in Cimpress in the fourth quarter worth approximately $212,000. Finally, Advisory Services Network LLC acquired a new stake in Cimpress in the fourth quarter valued at approximately $216,000. 77.64% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Cimpress news, CFO Sean Edward Quinn sold 24,093 shares of the firm’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 document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, CFO Sean Edward Quinn sold 24,093 shares of the stock in a transaction dated Thursday, August 29th. The shares were 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 SEC, which can be accessed through the SEC website. Also, CEO Florian Baumgartner sold 4,035 shares of Cimpress stock in a transaction dated Monday, June 17th. The stock was sold at an average price of $81.43, for a total transaction of $328,570.05. Following the completion of the transaction, the chief executive officer now directly owns 23,584 shares of the company’s stock, valued at $1,920,445.12. The disclosure for this sale can be found here. In the last quarter, insiders have sold 37,514 shares of company stock worth $3,496,281. Company insiders own 17.90% of the company’s stock.

Analyst Ratings Changes

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

Cimpress Stock Performance

Shares of NASDAQ:CMPR opened at $98.88 on Friday. The company has a market capitalization of $2.48 billion, a P/E ratio of 30.52, a price-to-earnings-growth ratio of 0.80 and a beta of 2.00. The company’s 50-day moving average is $89.66 and its 200 day moving average is $88.86. Cimpress plc has a fifty-two week low of $57.01 and a fifty-two week high of $104.92.

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

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.