AlphaCrest Capital Management LLC acquired a new position in shares of Cimpress NV (NASDAQ:CMPR) during the fourth quarter, HoldingsChannel.com reports. The firm acquired 2,000 shares of the business services provider’s stock, valued at approximately $207,000.
Several other large investors also recently modified their holdings of CMPR. Vanguard Group Inc raised its holdings in shares of Cimpress by 4.6% during the third quarter. Vanguard Group Inc now owns 1,999,725 shares of the business services provider’s stock worth $273,182,000 after acquiring an additional 87,792 shares during the period. Vanguard Group Inc. raised its holdings in shares of Cimpress by 4.6% during the third quarter. Vanguard Group Inc. now owns 1,999,725 shares of the business services provider’s stock worth $273,182,000 after acquiring an additional 87,792 shares during the period. Rehmann Capital Advisory Group raised its holdings in shares of Cimpress by 13,371.7% during the third quarter. Rehmann Capital Advisory Group now owns 48,633 shares of the business services provider’s stock worth $356,000 after acquiring an additional 48,272 shares during the period. Phoenician Capital LLC acquired a new stake in shares of Cimpress during the fourth quarter worth $3,620,000. Finally, Man Group plc bought a new position in Cimpress in the third quarter valued at $1,966,000. Institutional investors and hedge funds own 86.79% of the company’s stock.
In other news, Director John J. Gavin, Jr. sold 14,763 shares of Cimpress stock in a transaction dated Tuesday, December 18th. The shares were sold at an average price of $107.81, for a total value of $1,591,599.03. Following the completion of the transaction, the director now owns 3,175 shares of the company’s stock, valued at approximately $342,296.75. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 18.40% of the company’s stock.
A number of research analysts recently weighed in on the stock. BidaskClub downgraded shares of Cimpress from a “buy” rating to a “hold” rating in a research report on Thursday, January 31st. ValuEngine downgraded shares of Cimpress from a “hold” rating to a “sell” rating in a research report on Thursday, January 31st. SunTrust Banks downgraded shares of Cimpress from a “hold” rating to a “sell” rating in a research report on Thursday, January 31st. Barrington Research reaffirmed a “buy” rating and issued a $135.00 target price on shares of Cimpress in a research report on Tuesday, January 29th. Finally, Zacks Investment Research downgraded shares of Cimpress from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 2nd. Four investment analysts have rated the stock with a sell rating, one has given a hold rating and one has given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $134.67.
Cimpress stock opened at $74.91 on Friday. Cimpress NV has a 1-year low of $73.96 and a 1-year high of $171.76. The firm has a market capitalization of $2.31 billion, a P/E ratio of 88.13, a price-to-earnings-growth ratio of 1.56 and a beta of -0.09. The company has a quick ratio of 0.37, a current ratio of 0.51 and a debt-to-equity ratio of 8.65.
Cimpress (NASDAQ:CMPR) last announced its quarterly earnings data on Wednesday, January 30th. The business services provider reported $2.17 EPS for the quarter, missing analysts’ consensus estimates of $2.38 by ($0.21). Cimpress had a net margin of 1.67% and a return on equity of 58.85%. The firm had revenue of $825.57 million during the quarter, compared to the consensus estimate of $854.97 million. During the same period last year, the business earned $0.93 EPS. The business’s revenue was up 8.3% on a year-over-year basis. On average, research analysts anticipate that Cimpress NV will post 3.29 earnings per share for the current year.
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Cimpress Company Profile
Cimpress N.V. provides various mass customization services in the United States, Germany, and internationally. The company delivers various volumes of individually small-sized customized orders for a range of print, signage, photo merchandise, invitation and announcement, packaging, apparel, and other categories primarily through the Internet.
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