Cimpress plc (NASDAQ:CMPR) CEO Florian Baumgartner Sells 4,035 Shares

Cimpress plc (NASDAQ:CMPR) CEO Florian Baumgartner sold 4,035 shares of Cimpress stock in a transaction that occurred on Monday, June 17th. The shares were sold at an average price of $81.43, for a total value of $328,570.05. Following the sale, the chief executive officer now directly owns 23,584 shares in the company, valued at approximately $1,920,445.12. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Florian Baumgartner also recently made the following trade(s):

• On Monday, June 3rd, Florian Baumgartner sold 4,035 shares of Cimpress stock. The shares were sold at an average price of $81.28, for a total value of $327,964.80.
• On Wednesday, May 15th, Florian Baumgartner sold 3,410 shares of Cimpress stock. The shares were sold at an average price of $85.18, for a total value of $290,463.80.
• On Wednesday, May 1st, Florian Baumgartner sold 3,410 shares of Cimpress stock. The shares were sold at an average price of $84.83, for a total value of $289,270.30.
• On Monday, April 15th, Florian Baumgartner sold 4,432 shares of Cimpress stock. The shares were sold at an average price of $92.24, for a total value of $408,807.68.
• On Monday, April 8th, Florian Baumgartner sold 4,433 shares of Cimpress stock. The shares were sold at an average price of $97.88, for a total value of $433,902.04.
• On Monday, April 1st, Florian Baumgartner sold 5,683 shares of Cimpress stock. The shares were sold at an average price of $89.97, for a total value of $511,299.51.
• On Thursday, March 21st, Florian Baumgartner sold 5,683 shares of Cimpress stock. The shares were sold at an average price of $92.81, for a total value of $527,439.23.

Cimpress Stock Performance

Shares of Cimpress stock opened at $83.13 on Tuesday. The stock has a market cap of $2.12 billion, a price-to-earnings ratio of 25.66, a price-to-earnings-growth ratio of 1.05 and a beta of 1.97. The stock has a 50 day moving average price of $86.77 and a 200-day moving average price of $84.78. Cimpress plc has a one year low of $52.03 and a one year high of $100.01.

Cimpress (NASDAQ:CMPR) last announced its earnings results on Wednesday, May 1st. The business services provider reported ($0.15) EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.29). The company had revenue of $780.59 million during the quarter, compared to analysts’ expectations of $782.65 million. Cimpress had a negative return on equity of 14.44% and a net margin of 2.69%. During the same quarter last year, the firm posted ($0.97) EPS. Sell-side analysts predict that Cimpress plc will post 2.93 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Cimpress

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in shares of Cimpress by 5.3% in the 1st quarter. Vanguard Group Inc. now owns 1,812,047 shares of the business services provider’s stock worth $160,384,000 after purchasing an additional 91,543 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Cimpress by 1.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 485,989 shares of the business services provider’s stock worth $38,905,000 after acquiring an additional 6,902 shares during the last quarter. Acadian Asset Management LLC lifted its stake in shares of Cimpress by 4.4% during the 1st quarter. Acadian Asset Management LLC now owns 357,732 shares of the business services provider’s stock worth $31,644,000 after acquiring an additional 15,157 shares during the last quarter. Lazard Asset Management LLC lifted its stake in shares of Cimpress by 9,821.4% during the 1st quarter. Lazard Asset Management LLC now owns 156,361 shares of the business services provider’s stock worth $13,838,000 after acquiring an additional 154,785 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of Cimpress during the 4th quarter worth approximately $9,433,000. Hedge funds and other institutional investors own 77.64% of the company’s stock.

Analysts Set New Price Targets

CMPR has been the subject of several research analyst reports. StockNews.com cut Cimpress from a “strong-buy” rating to a “buy” rating in a report on Monday, May 6th. Barrington Research restated an “outperform” rating and set a $113.00 price target on shares of Cimpress in a report on Tuesday, May 28th.

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.