CafePress Inc. (NASDAQ:PRSS) major shareholder Sequoia Capital Enterpreneurs sold 2,869,258 shares of CafePress stock in a transaction dated Friday, September 29th. The shares were sold at an average price of $1.75, for a total value of $5,021,201.50. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Sequoia Capital Enterpreneurs also recently made the following trade(s):

  • On Friday, September 22nd, Sequoia Capital Enterpreneurs sold 33,525 shares of CafePress stock. The stock was sold at an average price of $1.56, for a total transaction of $52,299.00.

CafePress Inc. (PRSS) opened at 1.90 on Wednesday. The stock’s 50 day moving average is $2.07 and its 200 day moving average is $2.44. CafePress Inc. has a 12-month low of $1.68 and a 12-month high of $3.72. The stock’s market capitalization is $31.94 million.

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A number of institutional investors and hedge funds have recently made changes to their positions in the business. Goldman Sachs Group Inc. boosted its holdings in shares of CafePress by 68.2% in the first quarter. Goldman Sachs Group Inc. now owns 49,505 shares of the information services provider’s stock valued at $150,000 after buying an additional 20,066 shares during the period. Spark Investment Management LLC raised its holdings in shares of CafePress by 31.0% during the first quarter. Spark Investment Management LLC now owns 55,800 shares of the information services provider’s stock worth $168,000 after acquiring an additional 13,200 shares during the period. Blackhill Capital Inc. raised its holdings in shares of CafePress by 38.8% during the second quarter. Blackhill Capital Inc. now owns 94,605 shares of the information services provider’s stock worth $235,000 after acquiring an additional 26,449 shares during the period. Finally, Renaissance Technologies LLC raised its holdings in shares of CafePress by 8.3% during the first quarter. Renaissance Technologies LLC now owns 590,000 shares of the information services provider’s stock worth $1,782,000 after acquiring an additional 45,000 shares during the period. 10.83% of the stock is currently owned by hedge funds and other institutional investors.

Several analysts recently commented on the stock. ValuEngine cut shares of CafePress from a “sell” rating to a “strong sell” rating in a report on Tuesday, September 26th. Zacks Investment Research lowered shares of CafePress from a “hold” rating to a “sell” rating in a research note on Thursday, August 3rd.

CafePress Company Profile

CafePress Inc is an online retailer of personalized products offering various gifts and accessories, including t-shirts and apparel, mugs and drinkware, and home goods, such as custom shower curtains and bed coverings. The Company conducts its business on its primary United States-based domain, CafePress.com, and also operates CafePress branded Websites for the markets in the United Kingdom, Canada and Australia.

Insider Buying and Selling by Quarter for CafePress (NASDAQ:PRSS)

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