Key Points
- Cimpress EVP Sean Edward Quinn sold 5,009 shares on May 28 at an average price of $104.22, totaling about $522,038. After the sale, he still held 28,937 shares valued at roughly $3.02 million.
- Quinn also sold 22,980 additional shares on May 27 for about $2.40 million, making the two recent transactions a notable reduction in his Cimpress stake.
- Cimpress has been trading near its 52-week high, and the company recently reported better-than-expected quarterly results with EPS of $0.55 versus $0.15 expected and revenue of $886.21 million versus $858.80 million estimated.
Cimpress plc (NASDAQ:CMPR - Get Free Report) EVP Sean Edward Quinn sold 5,009 shares of Cimpress stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $104.22, for a total transaction of $522,037.98. Following the completion of the sale, the executive vice president owned 28,937 shares of the company's stock, valued at approximately $3,015,814.14. This trade represents a 14.76% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Sean Edward Quinn also recently made the following trade(s):
- On Wednesday, May 27th, Sean Edward Quinn sold 22,980 shares of Cimpress stock. The shares were sold at an average price of $104.61, for a total transaction of $2,403,937.80.
Cimpress Price Performance
CMPR stock 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 firm has a fifty day moving average price of $84.48 and a two-hundred day moving average price of $76.64. The firm has a market cap of $2.39 billion, a price-to-earnings ratio of 55.37 and a beta of 1.79.
Cimpress (NASDAQ:CMPR - Get Free Report) 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. 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 analyst estimates of $858.80 million. As a group, analysts expect that Cimpress plc will post 3.81 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several analysts have weighed in on CMPR shares. Barrington Research boosted their target price on shares of Cimpress from $95.00 to $113.00 and gave the company an "outperform" rating in a research note on Wednesday, May 6th. Zacks Research lowered shares of Cimpress from a "strong-buy" rating to a "hold" rating in a research note on Monday, May 4th. Weiss Ratings reiterated a "hold (c)" rating on shares of Cimpress in a research note on Wednesday, April 29th. Truist Financial set a $110.00 target price on shares of Cimpress in a research note on Friday, May 1st. Finally, Wall Street Zen raised shares of Cimpress from a "buy" rating to a "strong-buy" rating in a report on Sunday, March 1st. Three research 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 stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $111.50.
View Our Latest Stock Report on Cimpress
Institutional Investors Weigh In On Cimpress
Several institutional investors have recently bought and sold shares of the stock. Janus Henderson Group PLC lifted its holdings in Cimpress by 2.6% in the first quarter. Janus Henderson Group PLC now owns 3,713,187 shares of the business services provider's stock worth $271,063,000 after purchasing an additional 92,764 shares during the period. Rubric Capital Management LP lifted its holdings in Cimpress by 6.8% in the first quarter. Rubric Capital Management LP now owns 1,629,419 shares of the business services provider's stock worth $118,948,000 after purchasing an additional 104,419 shares during the period. ArrowMark Colorado Holdings LLC lifted its holdings in Cimpress by 66.8% in 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 period. Dimensional Fund Advisors LP lifted its holdings in Cimpress by 4.3% in the first quarter. Dimensional Fund Advisors LP now owns 446,936 shares of the business services provider's stock worth $32,627,000 after purchasing an additional 18,262 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in Cimpress by 7.0% in the fourth quarter. Geode Capital Management LLC now owns 405,101 shares of the business services provider's stock worth $26,979,000 after purchasing an additional 26,547 shares during the period. Institutional investors and hedge funds own 77.64% of the company's stock.
About Cimpress
(
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.
Further Reading
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