Sean Edward Quinn Acquires 5,000 Shares of Cimpress plc (NASDAQ:CMPR) Stock

Cimpress plc (NASDAQ:CMPR) CFO Sean Edward Quinn purchased 5,000 shares of the business’s stock in a transaction that occurred on Friday, March 14th. The stock was bought 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 owns 20,224 shares of the company’s stock, valued at approximately $839,296. The trade was a 32.84 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Cimpress Price Performance

Shares of CMPR traded up $2.15 during mid-day trading on Monday, reaching $44.03. The company’s stock had a trading volume of 25,169 shares, compared to its average volume of 156,872. Cimpress plc has a 12-month low of $41.24 and a 12-month high of $104.92. The stock has a market cap of $1.11 billion, a PE ratio of 7.28, a price-to-earnings-growth ratio of 0.50 and a beta of 2.22. The company’s 50 day moving average is $58.85 and its 200 day moving average is $72.79.

Cimpress (NASDAQ:CMPR) last announced its earnings results on Wednesday, January 29th. The business services provider reported $2.36 earnings per share for the quarter, missing the consensus estimate 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 anticipate that Cimpress plc will post 3.69 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

Institutional Trading of Cimpress

A number of hedge funds have recently added to or reduced their stakes in the stock. Victory Capital Management Inc. raised its stake in shares of Cimpress by 14.8% during the third 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 last quarter. Meeder Asset Management Inc. purchased a new position in Cimpress in the 3rd quarter valued at 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 last quarter. Moran Wealth Management LLC lifted its stake in Cimpress by 35.4% in the 3rd quarter. Moran Wealth Management LLC now owns 6,302 shares of the business services provider’s stock valued at $516,000 after buying an additional 1,649 shares in the last quarter. Finally, Intech Investment Management LLC acquired a new stake in Cimpress during the 3rd quarter valued at $477,000. 77.64% of the stock is 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.