Stevens Capital Management LP bought a new stake in shares of Cimpress (NASDAQ:CMPR) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 6,265 shares of the business services provider’s stock, valued at approximately $969,000.
Several other institutional investors also recently added to or reduced their stakes in the company. O Shaughnessy Asset Management LLC bought a new position in shares of Cimpress during the 1st quarter valued at approximately $177,000. ETRADE Capital Management LLC grew its position in shares of Cimpress by 13.1% during the 1st quarter. ETRADE Capital Management LLC now owns 5,300 shares of the business services provider’s stock valued at $820,000 after acquiring an additional 614 shares during the period. Engineers Gate Manager LP bought a new position in shares of Cimpress during the 1st quarter valued at approximately $4,268,000. Great Lakes Advisors LLC grew its position in shares of Cimpress by 63.4% during the 1st quarter. Great Lakes Advisors LLC now owns 97,968 shares of the business services provider’s stock valued at $15,156,000 after acquiring an additional 38,025 shares during the period. Finally, M&T Bank Corp bought a new position in Cimpress in the 1st quarter worth approximately $249,000. 91.17% of the stock is owned by hedge funds and other institutional investors.
Cimpress opened at $134.74 on Wednesday, according to Marketbeat Ratings. The company has a market capitalization of $4.25 billion, a P/E ratio of 168.55, a price-to-earnings-growth ratio of 5.28 and a beta of -0.12. Cimpress has a 12 month low of $80.61 and a 12 month high of $171.76. The company has a quick ratio of 0.40, a current ratio of 0.54 and a debt-to-equity ratio of 9.51.
Cimpress (NASDAQ:CMPR) last released its quarterly earnings data on Wednesday, May 2nd. The business services provider reported ($0.07) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by ($0.24). The business had revenue of $636.07 million during the quarter, compared to the consensus estimate of $615.66 million. Cimpress had a return on equity of 28.27% and a net margin of 0.65%. The firm’s quarterly revenue was up 15.5% on a year-over-year basis. During the same period last year, the business posted ($1.38) earnings per share. equities analysts expect that Cimpress will post 1.31 earnings per share for the current year.
In other Cimpress news, CFO Sean Edward Quinn sold 766 shares of the firm’s stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of $163.99, for a total value of $125,616.34. Following the completion of 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 legal filing with the SEC, which can be accessed through the SEC website. Also, insider Katryn Blake sold 9,297 shares of the firm’s stock in a transaction on Monday, May 7th. The shares were sold at an average price of $140.61, for a total transaction of $1,307,251.17. Following the completion of the transaction, the insider now directly owns 15,776 shares of the company’s stock, valued at $2,218,263.36. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 14,711 shares of company stock valued at $2,081,728. 18.80% of the stock is owned by insiders.
Several research firms recently commented on CMPR. BidaskClub raised shares of Cimpress from a “buy” rating to a “strong-buy” rating in a report on Wednesday, February 7th. Barrington Research reaffirmed a “buy” rating and issued a $165.00 price objective on shares of Cimpress in a report on Tuesday, May 1st. SunTrust Banks reaffirmed a “hold” rating and issued a $144.00 price objective on shares of Cimpress in a report on Tuesday, May 8th. Aegis reaffirmed a “sell” rating and issued a $114.00 price objective on shares of Cimpress in a report on Tuesday, May 8th. Finally, ValuEngine raised shares of Cimpress from a “sell” rating to a “hold” rating in a report on Wednesday, May 2nd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $140.00.
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.
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