Cimpress (CMPR) Shares Sold by Meadow Creek Investment Management LLC

Meadow Creek Investment Management LLC reduced its stake in Cimpress (NASDAQ:CMPR) by 6.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 42,772 shares of the business services provider’s stock after selling 3,094 shares during the quarter. Meadow Creek Investment Management LLC owned approximately 0.14% of Cimpress worth $5,128,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of CMPR. Koch Industries Inc. bought a new stake in Cimpress in the fourth quarter valued at $560,000. California Public Employees Retirement System boosted its stake in Cimpress by 3.6% in the fourth quarter. California Public Employees Retirement System now owns 69,430 shares of the business services provider’s stock worth $8,323,000 after purchasing an additional 2,440 shares in the last quarter. Atlantic Trust Group LLC boosted its stake in Cimpress by 19.8% in the third quarter. Atlantic Trust Group LLC now owns 24,854 shares of the business services provider’s stock worth $2,428,000 after purchasing an additional 4,112 shares in the last quarter. Wells Fargo & Company MN boosted its stake in Cimpress by 13.0% in the third quarter. Wells Fargo & Company MN now owns 42,795 shares of the business services provider’s stock worth $4,179,000 after purchasing an additional 4,925 shares in the last quarter. Finally, Swiss National Bank boosted its stake in Cimpress by 2.0% in the fourth quarter. Swiss National Bank now owns 39,900 shares of the business services provider’s stock worth $4,783,000 after purchasing an additional 800 shares in the last quarter. Hedge funds and other institutional investors own 98.48% of the company’s stock.

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CMPR has been the topic of several research reports. ValuEngine lowered Cimpress from a “hold” rating to a “sell” rating in a research note on Tuesday, December 12th. Aegis lowered Cimpress from a “hold” rating to a “sell” rating and set a $110.00 target price on the stock. in a research note on Friday, January 26th. Zacks Investment Research raised Cimpress from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 16th. Finally, BidaskClub downgraded Cimpress from a “strong-buy” rating to a “buy” rating in a report on Saturday, December 9th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. Cimpress has a consensus rating of “Hold” and an average target price of $109.50.

NASDAQ CMPR traded down $2.77 during trading hours on Friday, hitting $150.86. 163,354 shares of the company traded hands, compared to its average volume of 317,678. Cimpress has a twelve month low of $78.80 and a twelve month high of $171.76. The stock has a market capitalization of $4,669.52, a PE ratio of -112.58, a price-to-earnings-growth ratio of 8.00 and a beta of -0.13. The company has a debt-to-equity ratio of 6.43, a quick ratio of 0.33 and a current ratio of 0.44.

Cimpress (NASDAQ:CMPR) last released its quarterly earnings data on Wednesday, January 31st. The business services provider reported $0.93 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.83 by $0.10. The company had revenue of $762.10 million during the quarter, compared to analysts’ expectations of $692.34 million. Cimpress had a negative return on equity of 15.72% and a negative net margin of 1.00%. The business’s revenue was up 32.1% on a year-over-year basis. During the same period last year, the firm posted $1.07 earnings per share. research analysts forecast that Cimpress will post 1.31 EPS for the current year.

In other Cimpress news, CFO Sean Edward Quinn sold 766 shares of Cimpress stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $163.99, for a total transaction of $125,616.34. Following the transaction, the chief financial officer now directly owns 566 shares of the company’s stock, valued at approximately $92,818.34. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Katryn Blake sold 37,406 shares of Cimpress stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $144.17, for a total value of $5,392,823.02. Following the transaction, the insider now directly owns 47,220 shares in the company, valued at $6,807,707.40. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 39,672 shares of company stock worth $5,754,734. Corporate insiders own 11.80% of the company’s stock.

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About Cimpress

Cimpress N.V. operates as a technology based company in North America, Europe, Australia, New Zealand, South America, the Asia Pacific, and internationally. It aggregates individually customized orders for a range of print, signage, apparel, and related products primarily through the Internet. The company operates through four segments: Vistaprint, Upload and Print, National Pen, and All Other Businesses.

Institutional Ownership by Quarter for Cimpress (NASDAQ:CMPR)

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