Sei Investments Co. Acquires 5,095 Shares of Cimpress plc (NASDAQ:CMPR)

Sei Investments Co. lifted its holdings in shares of Cimpress plc (NASDAQ:CMPR) by 8.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 65,235 shares of the business services provider’s stock after purchasing an additional 5,095 shares during the period. Sei Investments Co. owned about 0.26% of Cimpress worth $4,679,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the stock. Janus Henderson Group PLC raised its holdings in shares of Cimpress by 5.2% in the 3rd quarter. Janus Henderson Group PLC now owns 2,847,327 shares of the business services provider’s stock worth $233,253,000 after purchasing an additional 140,899 shares during the period. Diamond Hill Capital Management Inc. grew its stake in shares of Cimpress by 31.5% during the 4th quarter. Diamond Hill Capital Management Inc. now owns 592,195 shares of the business services provider’s stock worth $42,472,000 after acquiring an additional 141,942 shares during the period. Hantz Financial Services Inc. increased its holdings in Cimpress by 9.1% in the 4th quarter. Hantz Financial Services Inc. now owns 159,000 shares of the business services provider’s stock worth $11,403,000 after acquiring an additional 13,297 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its stake in Cimpress by 39.1% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 136,724 shares of the business services provider’s stock valued at $9,806,000 after acquiring an additional 38,402 shares during the period. Finally, Hennessy Advisors Inc. lifted its holdings in Cimpress by 6.9% during the fourth quarter. Hennessy Advisors Inc. now owns 110,400 shares of the business services provider’s stock valued at $7,918,000 after purchasing an additional 7,100 shares during the last quarter. Institutional investors own 77.64% of the company’s stock.

Insider Transactions at Cimpress

In related news, CFO Sean Edward Quinn acquired 5,000 shares of Cimpress stock in a transaction that occurred on Friday, March 14th. The stock was bought at an average price of $41.50 per share, with a total value of $207,500.00. Following the transaction, the chief financial officer now directly owns 20,224 shares in the company, valued at approximately $839,296. This represents a 32.84 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 17.80% of the company’s stock.

Analysts Set New Price Targets

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

Cimpress Price Performance

NASDAQ CMPR opened at $47.14 on Thursday. Cimpress plc has a 1 year low of $41.01 and a 1 year high of $104.92. The stock has a market capitalization of $1.19 billion, a PE ratio of 7.80, a PEG ratio of 0.50 and a beta of 2.22. The business’s 50-day moving average is $51.78 and its 200 day moving average is $68.74.

Cimpress (NASDAQ:CMPR) last announced its quarterly earnings results on Wednesday, January 29th. The business services provider reported $2.36 earnings per share (EPS) for the quarter, missing the consensus estimate 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 research analysts anticipate that Cimpress plc will post 3.69 earnings per share for the current year.

Cimpress 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.