Cimpress (NASDAQ:CMPR) EVP Sean Edward Quinn Sells 22,980 Shares

Cimpress plc (NASDAQ:CMPR) EVP Sean Edward Quinn sold 22,980 shares of Cimpress stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $104.61, for a total transaction of $2,403,937.80. Following the completion of the sale, the executive vice president directly owned 28,937 shares of the company’s stock, valued at approximately $3,027,099.57. This trade represents a 44.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Sean Edward Quinn also recently made the following trade(s):

• On Thursday, May 28th, Sean Edward Quinn sold 5,009 shares of Cimpress stock. The shares were sold at an average price of $104.22, for a total transaction of $522,037.98.

Cimpress Trading Down 1.3%

CMPR opened at $98.56 on Friday. Cimpress plc has a 1-year low of $42.05 and a 1-year high of $106.13. The company has a market cap of $2.39 billion, a P/E ratio of 55.37 and a beta of 1.79. The company has a fifty day moving average price of $84.48 and a two-hundred day moving average price of $76.64.

Cimpress (NASDAQ:CMPR) last posted its quarterly earnings results on Wednesday, April 29th. The business services provider reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.40. Cimpress had a net margin of 1.24% and a negative return on equity of 8.25%. The firm had revenue of $886.21 million during the quarter, compared to the consensus estimate of $858.80 million. On average, research analysts forecast that Cimpress plc will post 3.81 EPS for the current fiscal year.

Institutional Investors Weigh In On Cimpress

Several hedge funds and other institutional investors have recently made changes to their positions in CMPR. Rubric Capital Management LP increased its position in shares of Cimpress by 110.3% during the third quarter. Rubric Capital Management LP now owns 1,180,789 shares of the business services provider’s stock worth $74,437,000 after acquiring an additional 619,360 shares in the last quarter. ArrowMark Colorado Holdings LLC boosted its holdings in Cimpress by 66.8% during the third quarter. ArrowMark Colorado Holdings LLC now owns 1,258,040 shares of the business services provider’s stock worth $79,307,000 after purchasing an additional 503,849 shares during the last quarter. Janus Henderson Group PLC boosted its holdings in Cimpress by 8.1% during the fourth quarter. Janus Henderson Group PLC now owns 3,620,423 shares of the business services provider’s stock worth $241,083,000 after purchasing an additional 272,260 shares during the last quarter. AQR Capital Management LLC boosted its holdings in Cimpress by 89.0% during the second quarter. AQR Capital Management LLC now owns 296,184 shares of the business services provider’s stock worth $13,921,000 after purchasing an additional 139,482 shares during the last quarter. Finally, Smith Thomas W purchased a new position in Cimpress during the fourth quarter worth about $8,617,000. 77.64% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

CMPR has been the subject of several research analyst reports. Zacks Research downgraded shares of Cimpress from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 4th. Wall Street Zen raised shares of Cimpress from a “buy” rating to a “strong-buy” rating in a research report on Sunday, March 1st. Weiss Ratings reissued a “hold (c)” rating on shares of Cimpress in a research report on Wednesday, April 29th. Truist Financial set a $110.00 target price on shares of Cimpress in a research report on Friday, May 1st. Finally, Barrington Research boosted their target price on shares of Cimpress from $95.00 to $113.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 6th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Cimpress has a consensus rating of “Moderate Buy” and an average target price of $111.50.

Cimpress Company Profile

Cimpress NV is a global leader in mass customization and web-to-print services, offering businesses and consumers an online platform to design, order and personalize printed marketing materials and promotional products. As the parent company of Vistaprint and a portfolio of regional print service providers, Cimpress leverages proprietary technology to connect millions of small- and medium-sized customers with a network of manufacturing facilities around the world. Its product range spans business cards, brochures, signage, labels, apparel, packaging and a variety of bespoke merchandise.

The company traces its roots to Vistaprint, founded in 1995 by Robert W.