PEAK6 Investments L.P. raised its position in shares of Cimpress NV (NASDAQ:CMPR) by 71.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 19,909 shares of the business services provider’s stock after buying an additional 8,330 shares during the period. PEAK6 Investments L.P. owned about 0.06% of Cimpress worth $2,387,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently made changes to their positions in CMPR. SG Americas Securities LLC purchased a new stake in Cimpress during the 3rd quarter valued at $119,000. Macquarie Group Ltd. purchased a new stake in Cimpress during the 3rd quarter valued at $156,000. Dean Capital Investments Management LLC purchased a new stake in Cimpress during the 4th quarter valued at $224,000. Strs Ohio boosted its position in Cimpress by 42.9% during the 4th quarter. Strs Ohio now owns 2,000 shares of the business services provider’s stock valued at $239,000 after buying an additional 600 shares during the period. Finally, Advisory Services Network LLC purchased a new stake in Cimpress during the 4th quarter valued at $264,000. 98.64% of the stock is owned by institutional investors and hedge funds.
Shares of Cimpress NV (NASDAQ CMPR) opened at $160.23 on Wednesday. Cimpress NV has a 12-month low of $78.80 and a 12-month high of $171.76. The company has a debt-to-equity ratio of 6.43, a current ratio of 0.44 and a quick ratio of 0.33. The company has a market cap of $4,869.98, a PE ratio of -192.39, a PEG ratio of 5.22 and a beta of -0.15.
Several equities research analysts have recently commented on CMPR shares. Zacks Investment Research raised shares of Cimpress from a “hold” rating to a “buy” rating and set a $137.00 target price for the company in a research report on Tuesday, November 28th. ValuEngine cut shares of Cimpress from a “hold” rating to a “sell” rating in a research report on Tuesday, December 12th. BidaskClub cut shares of Cimpress from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 9th. Aegis cut shares of Cimpress from a “hold” rating to a “sell” rating and set a $110.00 target price for the company. in a research report on Friday, January 26th. Finally, Barrington Research reaffirmed a “buy” rating and issued a $125.00 target price (up from $110.00) on shares of Cimpress in a research report on Tuesday, November 14th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $109.50.
In related news, insider Katryn Blake sold 30,000 shares of the stock in a transaction dated Wednesday, December 20th. The shares were sold at an average price of $118.55, for a total value of $3,556,500.00. Following the completion of the transaction, the insider now directly owns 39,814 shares in the company, valued at approximately $4,719,949.70. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Donald Leblanc sold 1,500 shares of the stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $157.53, for a total transaction of $236,295.00. Following the completion of the transaction, the executive vice president now owns 23,047 shares of the company’s stock, valued at $3,630,593.91. The disclosure for this sale can be found here. Over the last quarter, insiders sold 69,672 shares of company stock valued at $9,311,234. 11.80% of the stock is owned by company insiders.
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Cimpress Company Profile
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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