Cimpress plc (NASDAQ:CMPR) CFO Acquires $207,500.00 in Stock

Cimpress plc (NASDAQ:CMPR) CFO Sean Edward Quinn bought 5,000 shares of the stock in a transaction on Friday, March 14th. The shares were acquired at an average cost of $41.50 per share, for a total transaction of $207,500.00. Following the purchase, the chief financial officer now owns 20,224 shares in the company, valued at $839,296. The trade was a 32.84 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Cimpress Stock Up 0.4 %

NASDAQ CMPR opened at $45.24 on Thursday. Cimpress plc has a 52 week low of $41.24 and a 52 week high of $104.92. The business’s fifty day simple moving average is $57.32 and its 200-day simple moving average is $71.84. The firm has a market cap of $1.14 billion, a PE ratio of 7.49, a P/E/G ratio of 0.50 and a beta of 2.22.

Cimpress (NASDAQ:CMPR) last posted 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 net margin of 4.75% and a negative return on equity of 27.64%. Research analysts expect that Cimpress plc will post 3.69 EPS for the current year.

Analysts Set New Price Targets

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

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Public Employees Retirement System of Ohio purchased a new stake in Cimpress in the third quarter valued at $29,000. Quarry LP purchased a new stake in Cimpress in the 3rd quarter valued at about $111,000. Point72 Asset Management L.P. acquired a new position in Cimpress in the third quarter valued at about $115,000. Meeder Asset Management Inc. purchased a new position in Cimpress during the third quarter worth about $130,000. Finally, Vestcor Inc acquired a new stake in shares of Cimpress during the fourth quarter valued at about $144,000. 77.64% of the stock is currently owned by hedge funds and other 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.