Formula Growth Ltd. Has $2,344,000 Stake in Cimpress N.V (CMPR)
Formula Growth Ltd. maintained its position in shares of Cimpress N.V (NASDAQ:CMPR) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 24,800 shares of the business services provider’s stock at the end of the 2nd quarter. Formula Growth Ltd. owned about 0.08% of Cimpress N.V worth $2,344,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors also recently added to or reduced their stakes in CMPR. Strs Ohio boosted its holdings in Cimpress N.V by 57.1% in the second quarter. Strs Ohio now owns 1,100 shares of the business services provider’s stock valued at $103,000 after acquiring an additional 400 shares in the last quarter. Ameritas Investment Partners Inc. bought a new stake in Cimpress N.V in the first quarter valued at $187,000. Legato Capital Management LLC bought a new stake in Cimpress N.V in the second quarter valued at $217,000. Oppenheimer Asset Management Inc. bought a new stake in Cimpress N.V in the first quarter valued at $218,000. Finally, D.A. Davidson & CO. boosted its holdings in Cimpress N.V by 1.7% in the second quarter. D.A. Davidson & CO. now owns 3,109 shares of the business services provider’s stock valued at $293,000 after acquiring an additional 52 shares in the last quarter. Institutional investors and hedge funds own 88.34% of the company’s stock.
Several research firms recently weighed in on CMPR. BidaskClub upgraded shares of Cimpress N.V from a “buy” rating to a “strong-buy” rating in a report on Wednesday, July 12th. Zacks Investment Research raised Cimpress N.V from a “hold” rating to a “strong-buy” rating and set a $109.00 price objective for the company in a research report on Tuesday, July 4th. ValuEngine raised Cimpress N.V from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. Barrington Research raised Cimpress N.V from a “market perform” rating to an “outperform” rating and set a $110.00 price objective for the company in a research report on Monday, September 18th. Finally, Cantor Fitzgerald reissued a “hold” rating on shares of Cimpress N.V in a research report on Monday, June 26th. Eight equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Cimpress N.V has a consensus rating of “Hold” and a consensus target price of $91.14.
Shares of Cimpress N.V (NASDAQ:CMPR) traded up 0.07% during trading on Friday, reaching $98.25. The company’s stock had a trading volume of 111,505 shares. The company has a 50-day moving average price of $91.50 and a 200-day moving average price of $89.08. Cimpress N.V has a one year low of $78.80 and a one year high of $104.18. The stock’s market cap is $3.08 billion.
In other news, insider Katryn Blake sold 1,501 shares of the stock in a transaction on Monday, September 11th. The stock was sold at an average price of $95.00, for a total transaction of $142,595.00. Following the transaction, the insider now owns 10,810 shares of the company’s stock, valued at approximately $1,026,950. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Sean Edward Quinn sold 1,660 shares of the stock in a transaction on Friday, July 7th. The stock was sold at an average price of $95.00, for a total value of $157,700.00. Following the transaction, the chief financial officer now directly owns 2,422 shares in the company, valued at approximately $230,090. The disclosure for this sale can be found here. Insiders have sold a total of 5,943 shares of company stock worth $562,220 in the last three months. Corporate insiders own 11.50% of the company’s stock.
Cimpress N.V Profile
Cimpress N.V., formerly Vistaprint N.V., is a technology driven company, which aggregates through the Internet, large volumes of small, individually customized orders for a spectrum of print, signage, apparel and similar products. The Company operates through segments, which include Vistaprint business unit, Upload and Print business units and All Other business units.
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