Cimpress NV (CMPR) Insider Sells $172,440.00 in Stock
Cimpress NV (NASDAQ:CMPR) insider Katryn Blake sold 1,916 shares of the stock in a transaction dated Wednesday, May 24th. The shares were sold at an average price of $90.00, for a total transaction of $172,440.00. Following the completion of the transaction, the insider now owns 13,331 shares of the company’s stock, valued at approximately $1,199,790. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Cimpress NV (NASDAQ:CMPR) traded down 0.25% during mid-day trading on Thursday, reaching $90.22. 159,650 shares of the company’s stock were exchanged. The stock’s market cap is $2.81 billion. Cimpress NV has a 52 week low of $78.80 and a 52 week high of $104.18. The stock has a 50-day moving average price of $86.31 and a 200-day moving average price of $87.08.
Cimpress NV (NASDAQ:CMPR) last posted its earnings results on Wednesday, April 26th. The business services provider reported ($1.38) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.58 by $1.96. The company had revenue of $550.59 million for the quarter, compared to analyst estimates of $533.58 million. Cimpress NV had a positive return on equity of 52.88% and a negative net margin of 0.54%. Cimpress NV’s quarterly revenue was up 26.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($1.06) earnings per share. On average, analysts forecast that Cimpress NV will post ($1.10) earnings per share for the current year.
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Several institutional investors have recently bought and sold shares of CMPR. Janus Capital Management LLC raised its position in Cimpress NV by 18.8% in the first quarter. Janus Capital Management LLC now owns 4,013,452 shares of the business services provider’s stock valued at $345,919,000 after buying an additional 634,662 shares during the last quarter. FMR LLC boosted its position in Cimpress NV by 12.8% in the first quarter. FMR LLC now owns 2,600,000 shares of the business services provider’s stock valued at $224,094,000 after buying an additional 295,000 shares during the period. Vanguard Group Inc. boosted its position in Cimpress NV by 3.1% in the first quarter. Vanguard Group Inc. now owns 1,575,872 shares of the business services provider’s stock valued at $135,824,000 after buying an additional 47,128 shares during the period. BlackRock Inc. boosted its position in Cimpress NV by 49,794.4% in the first quarter. BlackRock Inc. now owns 1,121,627 shares of the business services provider’s stock valued at $96,674,000 after buying an additional 1,119,379 shares during the period. Finally, D. E. Shaw & Co. Inc. boosted its position in Cimpress NV by 12.3% in the third quarter. D. E. Shaw & Co. Inc. now owns 565,945 shares of the business services provider’s stock valued at $57,262,000 after buying an additional 61,781 shares during the period. Institutional investors own 95.75% of the company’s stock.
CMPR has been the subject of a number of research analyst reports. Zacks Investment Research downgraded shares of Cimpress NV from a “buy” rating to a “hold” rating in a report on Tuesday, January 31st. Cantor Fitzgerald reissued a “neutral” rating on shares of Cimpress NV in a report on Monday, April 10th. Finally, Jefferies Group LLC reissued a “hold” rating and issued a $84.00 price target on shares of Cimpress NV in a report on Thursday, April 27th. One investment analyst has rated the stock with a sell rating and seven have given a hold rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $89.17.
About Cimpress NV
Cimpress N.V., formerly Vistaprint N.V., is a technology driven company, which aggregates through the Internet, large volumes of small, individually customized orders for a spectrum of print, signage, apparel and similar products. The Company operates through segments, which include Vistaprint business unit, Upload and Print business units and All Other business units.
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