Sequoia Financial Advisors LLC Buys 7,535 Shares of Cimpress plc (NASDAQ:CMPR)

Sequoia Financial Advisors LLC raised its stake in shares of Cimpress plc (NASDAQ:CMPR) by 8.1% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 100,087 shares of the business services provider’s stock after purchasing an additional 7,535 shares during the period. Sequoia Financial Advisors LLC owned 0.40% of Cimpress worth $7,178,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of CMPR. Public Employees Retirement System of Ohio bought a new stake in Cimpress during the third quarter valued at about $29,000. Quarry LP bought a new stake in Cimpress during the third quarter valued at about $111,000. Point72 Asset Management L.P. bought a new stake in Cimpress during the third quarter valued at about $115,000. Meeder Asset Management Inc. bought a new stake in Cimpress during the third quarter valued at about $130,000. Finally, Mayfair Advisory Group LLC bought a new stake in Cimpress during the fourth quarter valued at about $204,000. Institutional investors own 77.64% of the company’s stock.

Cimpress Stock Down 1.3 %

NASDAQ CMPR opened at $43.92 on Thursday. The firm has a market cap of $1.10 billion, a price-to-earnings ratio of 7.27, a price-to-earnings-growth ratio of 0.50 and a beta of 2.23. The business has a 50-day moving average price of $59.98 and a 200-day moving average price of $73.73. Cimpress plc has a twelve month low of $43.39 and a twelve month high of $104.92.

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

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. StockNews.com raised Cimpress from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 8th. Truist Financial dropped their price objective on Cimpress from $110.00 to $87.00 and set a “buy” rating for the company in a research note on Friday, January 31st. Finally, Barrington Research reaffirmed an “outperform” rating and issued a $119.00 price objective on shares of Cimpress in a research note on Wednesday, January 29th.

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.