Sean Edward Quinn Sells 22,980 Shares of Cimpress (NASDAQ:CMPR) Stock

Cimpress plc (NASDAQ:CMPR) EVP Sean Edward Quinn sold 22,980 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $104.61, for a total transaction of $2,403,937.80. Following the transaction, the executive vice president owned 28,937 shares of the company’s stock, valued at approximately $3,027,099.57. This trade represents a 44.26% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Sean Edward Quinn also recently made the following trade(s):

• On Thursday, May 28th, Sean Edward Quinn sold 5,009 shares of Cimpress stock. The shares were sold at an average price of $104.22, for a total transaction of $522,037.98.

Cimpress Trading Down 1.3%

CMPR stock opened at $98.56 on Friday. Cimpress plc has a one year low of $42.05 and a one year high of $106.13. The firm has a market capitalization of $2.39 billion, a PE ratio of 55.37 and a beta of 1.79. The firm has a 50-day moving average of $84.48 and a two-hundred day moving average of $76.64.

Cimpress (NASDAQ:CMPR) last posted its quarterly earnings data on Wednesday, April 29th. The business services provider reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.40. Cimpress had a net margin of 1.24% and a negative return on equity of 8.25%. The company had revenue of $886.21 million during the quarter, compared to analyst estimates of $858.80 million. On average, equities research analysts anticipate that Cimpress plc will post 3.81 earnings per share for the current year.

Institutional Trading of Cimpress

A number of hedge funds have recently made changes to their positions in CMPR. JPMorgan Chase & Co. increased its holdings in Cimpress by 77.8% in the third quarter. JPMorgan Chase & Co. now owns 37,989 shares of the business services provider’s stock worth $2,395,000 after buying an additional 16,624 shares during the last quarter. ArrowMark Colorado Holdings LLC grew its holdings in Cimpress by 66.8% during the third quarter. ArrowMark Colorado Holdings LLC now owns 1,258,040 shares of the business services provider’s stock valued at $79,307,000 after purchasing an additional 503,849 shares during the last quarter. SG Americas Securities LLC grew its holdings in Cimpress by 174.9% during the fourth quarter. SG Americas Securities LLC now owns 42,668 shares of the business services provider’s stock valued at $2,841,000 after purchasing an additional 27,146 shares during the last quarter. Wedge Capital Management L L P NC acquired a new position in Cimpress during the fourth quarter valued at approximately $1,968,000. Finally, Pallas Capital Advisors LLC grew its holdings in Cimpress by 38.9% during the third quarter. Pallas Capital Advisors LLC now owns 34,283 shares of the business services provider’s stock valued at $2,161,000 after purchasing an additional 9,607 shares during the last quarter. 77.64% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have commented on CMPR shares. Barrington Research upped their price objective on shares of Cimpress from $95.00 to $113.00 and gave the company an “outperform” rating in a research note on Wednesday, May 6th. Zacks Research lowered shares of Cimpress from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 4th. Wall Street Zen raised shares of Cimpress from a “buy” rating to a “strong-buy” rating in a research note on Sunday, March 1st. Truist Financial set a $110.00 price objective on shares of Cimpress in a research note on Friday, May 1st. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Cimpress in a research note on Wednesday, April 29th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Cimpress presently has an average rating of “Moderate Buy” and an average target price of $111.50.

About Cimpress

Cimpress NV is a global leader in mass customization and web-to-print services, offering businesses and consumers an online platform to design, order and personalize printed marketing materials and promotional products. As the parent company of Vistaprint and a portfolio of regional print service providers, Cimpress leverages proprietary technology to connect millions of small- and medium-sized customers with a network of manufacturing facilities around the world. Its product range spans business cards, brochures, signage, labels, apparel, packaging and a variety of bespoke merchandise.

The company traces its roots to Vistaprint, founded in 1995 by Robert W.