Jackson Creek Investment Advisors LLC Takes Position in Cimpress plc $CMPR

Jackson Creek Investment Advisors LLC bought a new stake in Cimpress plc (NASDAQ:CMPR) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 27,732 shares of the business services provider’s stock, valued at approximately $1,847,000. Jackson Creek Investment Advisors LLC owned 0.11% of Cimpress at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. Allworth Financial LP increased its stake in Cimpress by 250.0% during the 3rd quarter. Allworth Financial LP now owns 518 shares of the business services provider’s stock worth $33,000 after buying an additional 370 shares during the period. Headlands Technologies LLC boosted its position in Cimpress by 32.3% in the 2nd quarter. Headlands Technologies LLC now owns 986 shares of the business services provider’s stock valued at $46,000 after buying an additional 241 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Cimpress during the second quarter valued at about $51,000. Quarry LP acquired a new stake in shares of Cimpress during the third quarter valued at about $55,000. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Cimpress during the third quarter valued at about $80,000. 77.64% of the stock is owned by institutional investors and hedge funds.

Cimpress Price Performance

Shares of CMPR opened at $104.06 on Wednesday. The stock has a market capitalization of $2.52 billion, a PE ratio of 58.46 and a beta of 1.79. The business’s fifty day moving average price is $82.70 and its 200 day moving average price is $75.92. Cimpress plc has a 12-month low of $42.05 and a 12-month high of $105.09.

Cimpress (NASDAQ:CMPR) last released its 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. The firm had revenue of $886.21 million during the quarter, compared to analyst estimates of $858.80 million. Cimpress had a net margin of 1.24% and a negative return on equity of 8.25%. As a group, research analysts anticipate that Cimpress plc will post 3.81 earnings per share for the current fiscal year.

Insider Buying and Selling at Cimpress

In related news, EVP Maarten Wensveen sold 19,251 shares of the business’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $92.96, for a total transaction of $1,789,572.96. Following the completion of the sale, the executive vice president owned 19,674 shares of the company’s stock, valued at $1,828,895.04. This represents a 49.46% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 10.20% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on CMPR shares. Zacks Research downgraded Cimpress from a “strong-buy” rating to a “hold” rating in a report on Monday, May 4th. Weiss Ratings restated a “hold (c)” rating on shares of Cimpress in a report on Wednesday, April 29th. Barrington Research upped their target price on Cimpress from $95.00 to $113.00 and gave the company an “outperform” rating in a research report on Wednesday, May 6th. Wall Street Zen upgraded Cimpress from a “buy” rating to a “strong-buy” rating in a research note on Sunday, March 1st. Finally, Truist Financial set a $110.00 price target on shares of Cimpress in a research report on Friday, May 1st. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average 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.