Sean Edward Quinn Purchases 5,000 Shares of Cimpress plc (NASDAQ:CMPR) Stock

Cimpress plc (NASDAQ:CMPR) CFO Sean Edward Quinn bought 5,000 shares of the company’s stock in a transaction that occurred on Friday, March 14th. The stock was acquired at an average price of $41.50 per share, with a total value of $207,500.00. Following the completion of the purchase, the chief financial officer now directly owns 20,224 shares of the company’s stock, valued at approximately $839,296. The trade was a 32.84 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Cimpress Price Performance

Shares of NASDAQ:CMPR opened at $45.08 on Wednesday. The firm has a market capitalization of $1.13 billion, a PE ratio of 7.46, a P/E/G ratio of 0.50 and a beta of 2.22. The business has a 50-day moving average of $57.81 and a two-hundred day moving average of $72.03. Cimpress plc has a 12 month low of $41.24 and a 12 month high of $104.92.

Cimpress (NASDAQ:CMPR) last announced its quarterly earnings results on Wednesday, January 29th. The business services provider reported $2.36 EPS for the quarter, missing the consensus estimate of $2.52 by ($0.16). Cimpress had a negative return on equity of 27.64% and a net margin of 4.75%. As a group, research analysts anticipate that Cimpress plc will post 3.69 earnings per share for the current year.

Institutional Investors Weigh In On Cimpress

Institutional investors and hedge funds have recently modified their holdings of the stock. Public Employees Retirement System of Ohio purchased a new stake in shares of Cimpress in the third quarter worth about $29,000. Quarry LP purchased a new stake in shares of Cimpress in the third quarter worth about $111,000. Point72 Asset Management L.P. purchased a new stake in shares of Cimpress in the third quarter worth about $115,000. Meeder Asset Management Inc. purchased a new stake in shares of Cimpress in the third quarter worth about $130,000. Finally, Vestcor Inc purchased a new stake in shares of Cimpress in the fourth quarter worth about $144,000. Hedge funds and other institutional investors own 77.64% of the company’s stock.

Wall Street Analyst Weigh In

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

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.