Cimpress plc (NASDAQ:CMPR) Shares Acquired by Cwm LLC

Cwm LLC grew its stake in shares of Cimpress plc (NASDAQ:CMPR) by 51.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,258 shares of the business services provider’s stock after acquiring an additional 427 shares during the period. Cwm LLC’s holdings in Cimpress were worth $103,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Diversified Trust Co grew its stake in Cimpress by 54.0% in the third quarter. Diversified Trust Co now owns 4,840 shares of the business services provider’s stock worth $396,000 after purchasing an additional 1,697 shares in the last quarter. Handelsbanken Fonder AB raised its position in shares of Cimpress by 14.6% during the 3rd quarter. Handelsbanken Fonder AB now owns 6,296 shares of the business services provider’s stock valued at $516,000 after acquiring an additional 800 shares in the last quarter. Creative Planning boosted its holdings in Cimpress by 10.5% in the second quarter. Creative Planning now owns 7,492 shares of the business services provider’s stock worth $656,000 after purchasing an additional 710 shares during the period. Algert Global LLC increased its stake in Cimpress by 3.9% during the second quarter. Algert Global LLC now owns 57,783 shares of the business services provider’s stock valued at $5,062,000 after purchasing an additional 2,151 shares during the last quarter. Finally, Mackenzie Financial Corp raised its holdings in shares of Cimpress by 20.1% during the second quarter. Mackenzie Financial Corp now owns 2,856 shares of the business services provider’s stock worth $250,000 after purchasing an additional 477 shares during the period. Institutional investors own 77.64% of the company’s stock.

Cimpress Price Performance

CMPR opened at $75.86 on Friday. The stock’s 50 day moving average price is $84.96 and its 200 day moving average price is $86.50. The stock has a market cap of $1.92 billion, a P/E ratio of 11.69, a P/E/G ratio of 0.65 and a beta of 2.03. Cimpress plc has a 12 month low of $57.01 and a 12 month high of $104.92.

Cimpress (NASDAQ:CMPR) last issued its quarterly earnings results on Wednesday, July 31st. The business services provider reported $4.33 EPS for the quarter, beating analysts’ consensus estimates of $0.77 by $3.56. The company had revenue of $832.61 million for the quarter, compared to analyst estimates of $832.90 million. Cimpress had a negative return on equity of 29.56% and a net margin of 5.28%. Equities analysts anticipate that Cimpress plc will post 4.4 EPS for the current year.

Insider Buying and Selling at Cimpress

In other news, CEO Robert S. Keane sold 45,310 shares of the stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $99.09, for a total value of $4,489,767.90. Following the completion of the transaction, the chief executive officer now directly owns 1,012,890 shares in the company, valued at $100,367,270.10. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other Cimpress news, CEO Robert S. Keane sold 45,310 shares of the company’s stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $99.09, for a total value of $4,489,767.90. Following the completion of the sale, the chief executive officer now directly owns 1,012,890 shares in the company, valued at $100,367,270.10. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Maarten Wensveen sold 1,317 shares of the stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of $90.00, for a total value of $118,530.00. Following the transaction, the executive vice president now directly owns 22,830 shares of the company’s stock, valued at approximately $2,054,700. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 71,116 shares of company stock valued at $7,019,606. Company insiders own 17.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Barrington Research raised their target price on shares of Cimpress from $113.00 to $119.00 and gave the stock an “outperform” rating in a report on Tuesday, August 27th. StockNews.com lowered shares of Cimpress from a “strong-buy” rating to a “buy” rating in a research report on Monday, October 14th. Finally, Truist Financial lifted their price objective on shares of Cimpress from $110.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, August 2nd.

About Cimpress

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.