Cimpress plc (NASDAQ:CMPR) Shares Purchased by Auxano Advisors LLC

Auxano Advisors LLC raised its stake in Cimpress plc (NASDAQ:CMPR) by 3.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,744 shares of the business services provider’s stock after buying an additional 430 shares during the quarter. Auxano Advisors LLC owned about 0.05% of Cimpress worth $986,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Cimpress by 5.0% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,521 shares of the business services provider’s stock valued at $287,000 after buying an additional 169 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Cimpress by 1.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 21,937 shares of the business services provider’s stock worth $1,797,000 after acquiring an additional 215 shares in the last quarter. Rhumbline Advisers boosted its holdings in Cimpress by 0.9% during the 4th quarter. Rhumbline Advisers now owns 25,381 shares of the business services provider’s stock valued at $1,820,000 after acquiring an additional 232 shares during the period. Public Employees Retirement System of Ohio acquired a new position in Cimpress in the 3rd quarter valued at about $29,000. Finally, Optimist Retirement Group LLC increased its stake in Cimpress by 15.1% during the third quarter. Optimist Retirement Group LLC now owns 2,685 shares of the business services provider’s stock worth $220,000 after purchasing an additional 352 shares during the period. Hedge funds and other institutional investors own 77.64% of the company’s stock.

Cimpress Stock Performance

Shares of Cimpress stock opened at $48.08 on Monday. The business has a 50-day simple moving average of $64.47 and a 200-day simple moving average of $76.07. Cimpress plc has a one year low of $46.06 and a one year high of $104.92. The company has a market cap of $1.21 billion, a PE ratio of 7.96, a P/E/G ratio of 0.50 and a beta of 2.08.

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 analysts’ consensus estimates of $2.52 by ($0.16). Cimpress had a negative return on equity of 27.64% and a net margin of 4.75%. On average, sell-side analysts predict that Cimpress plc will post 3.69 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on CMPR shares. StockNews.com raised shares of Cimpress from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 8th. Barrington Research reissued an “outperform” rating and issued a $119.00 price target on shares of Cimpress in a research report on Wednesday, January 29th. Finally, Truist Financial cut their price objective 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 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.