Insider Selling: Cimpress (NASDAQ:CMPR) EVP Sells $522,037.98 in Stock

Cimpress plc (NASDAQ:CMPR) EVP Sean Edward Quinn sold 5,009 shares of the business’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $104.22, for a total value of $522,037.98. Following the completion of the sale, the executive vice president directly owned 28,937 shares of the company’s stock, valued at $3,015,814.14. The trade was a 14.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Wednesday, May 27th, Sean Edward Quinn sold 22,980 shares of Cimpress stock. The shares were sold at an average price of $104.61, for a total value of $2,403,937.80.

Cimpress Stock Performance

Shares of CMPR opened at $98.56 on Monday. The stock has a 50 day moving average price of $84.48 and a two-hundred day moving average price of $76.72. The firm has a market capitalization of $2.39 billion, a P/E ratio of 55.37 and a beta of 1.80. Cimpress plc has a 52 week low of $42.05 and a 52 week high of $106.13.

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

Analyst Ratings Changes

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

Hedge Funds Weigh In On Cimpress

Several institutional investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC grew its holdings in shares of Cimpress by 27.7% in the first quarter. EverSource Wealth Advisors LLC now owns 817 shares of the business services provider’s stock valued at $60,000 after acquiring an additional 177 shares in the last quarter. Quantinno Capital Management LP grew its holdings in shares of Cimpress by 2.7% in the first quarter. Quantinno Capital Management LP now owns 7,162 shares of the business services provider’s stock valued at $523,000 after acquiring an additional 189 shares in the last quarter. Ieq Capital LLC grew its holdings in shares of Cimpress by 0.4% in the fourth quarter. Ieq Capital LLC now owns 58,058 shares of the business services provider’s stock valued at $3,866,000 after acquiring an additional 220 shares in the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of Cimpress by 2.6% in the fourth quarter. The Manufacturers Life Insurance Company now owns 8,905 shares of the business services provider’s stock valued at $593,000 after acquiring an additional 225 shares in the last quarter. Finally, Cerity Partners LLC grew its holdings in shares of Cimpress by 1.3% in the fourth quarter. Cerity Partners LLC now owns 18,477 shares of the business services provider’s stock valued at $1,230,000 after acquiring an additional 233 shares in the last quarter. 77.64% of the stock is owned by institutional investors.

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.