Cimpress plc (NASDAQ:CMPR) CEO Florian Baumgartner Sells 3,410 Shares

Cimpress plc (NASDAQ:CMPR) CEO Florian Baumgartner sold 3,410 shares of the stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $84.83, for a total transaction of $289,270.30. Following the completion of the transaction, the chief executive officer now owns 29,804 shares of the company’s stock, valued at approximately $2,528,273.32. The sale was disclosed in a filing with the SEC, which is accessible through this link.

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

• On Monday, April 15th, Florian Baumgartner sold 4,432 shares of Cimpress stock. The stock was sold at an average price of $92.24, for a total transaction 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 Price Performance

CMPR opened at $84.30 on Thursday. The stock has a market capitalization of $2.25 billion, a P/E ratio of 55.83, a price-to-earnings-growth ratio of 1.12 and a beta of 1.94. The company’s 50 day simple moving average is $91.36 and its 200-day simple moving average is $80.22. Cimpress plc has a one year low of $42.84 and a one year high of $100.01.

Cimpress (NASDAQ:CMPR) last announced its quarterly earnings data on Wednesday, January 31st. The business services provider reported $2.14 EPS for the quarter, beating analysts’ consensus estimates of $1.24 by $0.90. The firm had revenue of $921.36 million for the quarter, compared to analyst estimates of $901.13 million. Cimpress had a negative return on equity of 10.76% and a net margin of 1.31%. As a group, analysts anticipate that Cimpress plc will post 3.16 EPS for the current year.

Hedge Funds Weigh In On Cimpress

Hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in shares of Cimpress by 5.5% during the 4th quarter. Vanguard Group Inc. now owns 1,720,504 shares of the business services provider’s stock worth $137,726,000 after buying an additional 89,931 shares during the period. Dimensional Fund Advisors LP grew 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 in the last quarter. Acadian Asset Management LLC raised its holdings in shares of Cimpress by 37.8% in the third quarter. Acadian Asset Management LLC now owns 289,394 shares of the business services provider’s stock valued at $20,247,000 after purchasing an additional 79,340 shares during the last quarter. Norges Bank acquired a new position in Cimpress during the fourth quarter worth $9,433,000. Finally, Federated Hermes Inc. increased its stake in Cimpress by 28.3% in the 3rd quarter. Federated Hermes Inc. now owns 107,856 shares of the business services provider’s stock valued at $7,551,000 after buying an additional 23,788 shares during the last quarter. Institutional investors own 77.64% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on CMPR shares. Barrington Research boosted their price target on shares of Cimpress from $100.00 to $113.00 and gave the company an “outperform” rating in a research report on Monday, February 5th. Truist Financial boosted their target price on Cimpress from $90.00 to $110.00 and gave the stock a “buy” rating in a report on Friday, February 2nd.

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.