CafePress Insider Wes Herman Sells 25,564 Shares (PRSS)
CafePress (NASDAQ:PRSS) Insider Wes Herman sold 25,564 shares of the stock on the open market in a transaction that occurred on Tuesday, January 7th. The stock was sold at an average price of $6.35, for a total value of $162,331.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
CafePress (NASDAQ:PRSS) traded up 1.90% during mid-day trading on Wednesday, hitting $6.45. The stock had a trading volume of 28,995 shares. CafePress has a 1-year low of $5.31 and a 1-year high of $7.47. The stock’s 50-day moving average is $6.28 and its 200-day moving average is $6.21. The company’s market cap is $110.7 million.
CafePress (NASDAQ:PRSS) last announced its earnings results on Wednesday, November 6th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.08) by $0.02. The company had revenue of $50.40 million for the quarter, compared to the consensus estimate of $50.47 million. The company’s quarterly revenue was up 15.6% on a year-over-year basis. Analysts expect that CafePress will post $0.09 EPS for the current fiscal year.
A number of analysts have recently weighed in on PRSS shares. Analysts at JPMorgan Chase & Co. cut their price target on shares of CafePress from $9.00 to $8.00 in a research note to investors on Thursday, November 7th. They now have a “neutral” rating on the stock. Separately, analysts at Jefferies Group cut their price target on shares of CafePress from $7.00 to $6.50 in a research note to investors on Thursday, November 7th. They now have a “hold” rating on the stock. Finally, analysts at Cowen and Company cut their price target on shares of CafePress from $7.00 to $6.25 in a research note to investors on Thursday, November 7th. They now have a “market perform” rating on the stock. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $7.44.
CafePress Inc (NASDAQ:PRSS) is an e-commerce platform enabling customers to create, buy and sell a range of customized and personalized products.
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