Cimpress plc (NASDAQ:CMPR) Shares Purchased by Vanguard Group Inc.

Vanguard Group Inc. raised its stake in Cimpress plc (NASDAQ:CMPR) by 0.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,833,202 shares of the business services provider’s stock after buying an additional 13,988 shares during the period. Vanguard Group Inc. owned approximately 0.07% of Cimpress worth $131,477,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. FMR LLC raised its position in shares of Cimpress by 26.5% during the third quarter. FMR LLC now owns 78,216 shares of the business services provider’s stock worth $6,407,000 after purchasing an additional 16,380 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Cimpress by 5.0% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,521 shares of the business services provider’s stock worth $287,000 after purchasing an additional 169 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Cimpress by 54.5% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 26,420 shares of the business services provider’s stock worth $2,164,000 after buying an additional 9,324 shares during the period. Point72 Asset Management L.P. acquired a new position in shares of Cimpress in the third quarter worth about $115,000. Finally, Public Employees Retirement System of Ohio purchased a new position in shares of Cimpress in the third quarter worth approximately $29,000. Institutional investors and hedge funds own 77.64% of the company’s stock.

Insider Buying and Selling at Cimpress

In other news, CFO Sean Edward Quinn purchased 5,000 shares of the business’s stock in a transaction dated Friday, March 14th. The stock was bought at an average cost of $41.50 per share, with a total value of $207,500.00. Following the purchase, the chief financial officer now directly owns 20,224 shares of the company’s stock, valued at approximately $839,296. This trade represents a 32.84 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 17.80% of the company’s stock.

Analyst Ratings Changes

CMPR has been the subject of several research analyst reports. Barrington Research restated an “outperform” rating and issued a $119.00 price target on shares of Cimpress in a research report on Wednesday, January 29th. Truist Financial reduced their target price on Cimpress from $110.00 to $87.00 and set a “buy” rating for the company in a report on Friday, January 31st. Finally, StockNews.com upgraded Cimpress from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 8th.

Cimpress Stock Performance

CMPR stock opened at $41.57 on Tuesday. The firm has a 50 day simple moving average of $49.98 and a 200 day simple moving average of $67.78. Cimpress plc has a 52 week low of $40.62 and a 52 week high of $104.92. The stock has a market cap of $1.05 billion, a P/E ratio of 6.88, a P/E/G ratio of 0.50 and a beta of 1.94.

Cimpress (NASDAQ:CMPR) last issued its earnings results on Wednesday, January 29th. The business services provider reported $2.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.52 by ($0.16). Cimpress had a net margin of 4.75% and a negative return on equity of 27.64%. Sell-side analysts predict that Cimpress plc will post 3.69 EPS for the current year.

Cimpress Company Profile

Cimpress plc provides various mass customization of printing and related products in North America, Europe, and internationally. The company operates through five segments: Vista, PrintBrothers, The Print Group, National Pen, and All Other Businesses. It offers printed and digital marketing products; internet-based canvas-print wall décor, business signage, and other printed products; business cards; and marketing materials, such as flyers and postcards, digital and marketing services, writing instruments, decorated apparel, promotional products and gifts, packaging, design services, textiles, and magazines and catalogs.