Insider Buying: Cimpress plc (NASDAQ:CMPR) CFO Purchases 5,000 Shares of Stock

Cimpress plc (NASDAQ:CMPR) CFO Sean Edward Quinn acquired 5,000 shares of Cimpress stock in a transaction that occurred on Friday, March 14th. The shares were purchased at an average cost of $41.50 per share, for a total transaction 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 position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Cimpress Stock Up 5.1 %

Shares of CMPR traded up $2.15 during trading on Monday, reaching $44.03. The company’s stock had a trading volume of 25,169 shares, compared to its average volume of 156,872. Cimpress plc has a twelve month low of $41.24 and a twelve month high of $104.92. The company has a market cap of $1.11 billion, a price-to-earnings ratio of 7.28, a P/E/G ratio of 0.50 and a beta of 2.22. The company has a fifty day moving average of $58.85 and a two-hundred day moving average of $72.79.

Cimpress (NASDAQ:CMPR) last posted its quarterly earnings data on Wednesday, January 29th. The business services provider reported $2.36 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%. As a group, equities analysts forecast that Cimpress plc will post 3.69 EPS for the current fiscal year.

Analyst Ratings Changes

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Public Employees Retirement System of Ohio bought a new stake in shares of Cimpress during the third quarter valued at about $29,000. Quarry LP bought a new stake in shares of Cimpress during the 3rd quarter worth about $111,000. Point72 Asset Management L.P. acquired a new stake in shares of Cimpress in the 3rd quarter worth approximately $115,000. Meeder Asset Management Inc. bought a new position in shares of Cimpress in the third quarter valued at approximately $130,000. Finally, Vestcor Inc acquired a new position in shares of Cimpress during the fourth quarter valued at approximately $144,000. Institutional investors own 77.64% of the company’s stock.

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.