Key Points
- EVP Maarten Wensveen sold 19,251 Cimpress shares on May 5 at an average price of $92.96 for about $1.79M, reducing his direct stake by 49.46% to 19,674 shares, according to the SEC filing.
- Cimpress beat Q1 expectations with EPS $0.55 vs $0.15 and revenue of $886.2M (vs. $858.8M est.), though net margin was only 1.24% and return on equity was negative 8.25%.
- The stock trades near $92 (12‑month range $40.90–$96.00) with a market cap of $2.23B and a P/E of 51.67; analysts' consensus is a Moderate Buy with an average price target of $111.50.
Cimpress plc (NASDAQ:CMPR - Get Free Report) EVP Maarten Wensveen sold 19,251 shares of the firm's stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $92.96, for a total value of $1,789,572.96. Following the completion of the sale, the executive vice president directly owned 19,674 shares in the company, valued at approximately $1,828,895.04. The trade was a 49.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
Cimpress Price Performance
CMPR opened at $91.98 on Friday. Cimpress plc has a 12 month low of $40.90 and a 12 month high of $96.00. The business has a 50-day moving average of $76.20 and a two-hundred day moving average of $73.24. The stock has a market capitalization of $2.23 billion, a price-to-earnings ratio of 51.67 and a beta of 1.79.
Cimpress (NASDAQ:CMPR - Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The business services provider reported $0.55 earnings per share for the quarter, topping 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 business had revenue of $886.21 million for the quarter, compared to analyst estimates of $858.80 million. Equities research analysts anticipate that Cimpress plc will post 3.41 earnings per share for the current year.
Institutional Investors Weigh In On Cimpress
Several institutional investors have recently bought and sold shares of CMPR. KBC Group NV acquired a new stake in shares of Cimpress in the first quarter worth $30,000. First Horizon Corp acquired a new position in shares of Cimpress during the 3rd quarter valued at $27,000. Allworth Financial LP lifted its holdings in shares of Cimpress by 250.0% during the 3rd quarter. Allworth Financial LP now owns 518 shares of the business services provider's stock valued at $33,000 after acquiring an additional 370 shares in the last quarter. Quarry LP purchased a new stake in Cimpress during the 3rd quarter worth $55,000. Finally, Headlands Technologies LLC boosted its position in Cimpress by 32.3% during the 2nd quarter. Headlands Technologies LLC now owns 986 shares of the business services provider's stock worth $46,000 after purchasing an additional 241 shares during the period. 77.64% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of brokerages have weighed in on CMPR. Wall Street Zen upgraded shares of Cimpress from a "buy" rating to a "strong-buy" rating in a report on Sunday, March 1st. Barrington Research upped their price objective on Cimpress from $95.00 to $113.00 and gave the stock an "outperform" rating in a report on Wednesday. Truist Financial set a $110.00 target price on Cimpress in a report on Friday, May 1st. Zacks Research downgraded Cimpress from a "strong-buy" rating to a "hold" rating in a research report on Monday. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Cimpress in a research note on Wednesday, April 29th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $111.50.
Get Our Latest Research Report on Cimpress
Cimpress Company Profile
(
Get Free Report)
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.
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