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

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

Cimpress Stock Performance

CMPR stock opened at $45.06 on Tuesday. Cimpress plc has a 52 week low of $41.24 and a 52 week high of $104.92. The firm’s fifty day moving average is $58.31 and its 200 day moving average is $72.41. The firm has a market cap of $1.13 billion, a P/E 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 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%. As a group, analysts forecast that Cimpress plc will post 3.69 EPS for the current year.

Wall Street Analysts Forecast Growth

CMPR has been the topic of several recent analyst reports. Barrington Research reiterated an “outperform” rating and issued a $119.00 target price on shares of Cimpress in a research note on Wednesday, January 29th. Truist Financial decreased their price target on shares of Cimpress from $110.00 to $87.00 and set a “buy” rating on the stock in a report on Friday, January 31st. Finally, StockNews.com raised shares of Cimpress from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 8th.

Hedge Funds Weigh In On Cimpress

Several institutional investors and hedge funds have recently made changes to their positions in the business. Mackenzie Financial Corp grew its holdings in shares of Cimpress by 103.6% during the 4th quarter. Mackenzie Financial Corp now owns 20,460 shares of the business services provider’s stock valued at $1,467,000 after purchasing an additional 10,411 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Cimpress by 15.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 30,424 shares of the business services provider’s stock worth $2,182,000 after acquiring an additional 4,004 shares during the last quarter. Squarepoint Ops LLC grew its holdings in Cimpress by 74.9% in the 4th quarter. Squarepoint Ops LLC now owns 21,040 shares of the business services provider’s stock worth $1,509,000 after acquiring an additional 9,012 shares during the last quarter. State of Wyoming grew its holdings in Cimpress by 32.3% in the 4th quarter. State of Wyoming now owns 4,803 shares of the business services provider’s stock worth $344,000 after acquiring an additional 1,173 shares during the last quarter. Finally, ProShare Advisors LLC grew its holdings in Cimpress by 47.3% in the 4th quarter. ProShare Advisors LLC now owns 4,810 shares of the business services provider’s stock worth $345,000 after acquiring an additional 1,544 shares during the last quarter. Institutional investors own 77.64% of the company’s stock.

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.