Cimpress plc (NASDAQ:CMPR) CFO Sean Edward Quinn Sells 7,795 Shares of Stock

Cimpress plc (NASDAQ:CMPR) CFO Sean Edward Quinn sold 7,795 shares of the stock in a transaction dated Thursday, September 14th. The shares were sold at an average price of $68.00, for a total value of $530,060.00. Following the sale, the chief financial officer now owns 6,959 shares of the company’s stock, valued at $473,212. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

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

• On Wednesday, August 16th, Sean Edward Quinn sold 3,032 shares of Cimpress stock. The shares were sold at an average price of $69.74, for a total value of $211,451.68.
• On Monday, August 14th, Sean Edward Quinn sold 15,011 shares of Cimpress stock. The shares were sold at an average price of $69.06, for a total value of $1,036,659.66.

Cimpress Stock Performance

NASDAQ CMPR opened at $69.87 on Tuesday. Cimpress plc has a fifty-two week low of $18.00 and a fifty-two week high of $72.97. The stock has a market cap of $1.84 billion, a P/E ratio of -9.83 and a beta of 1.76. The stock has a 50 day simple moving average of $66.05 and a two-hundred day simple moving average of $53.64.

Cimpress (NASDAQ:CMPR) last announced its earnings results on Wednesday, July 26th. The business services provider reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.87. The firm had revenue of $788.85 million during the quarter, compared to the consensus estimate of $782.15 million. Sell-side analysts predict that Cimpress plc will post 2.35 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. The Manufacturers Life Insurance Company raised its position in shares of Cimpress by 2.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 6,938 shares of the business services provider’s stock worth $413,000 after acquiring an additional 164 shares in the last quarter. Ameritas Investment Partners Inc. increased its position in Cimpress by 10.2% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,926 shares of the business services provider’s stock valued at $115,000 after buying an additional 179 shares in the last quarter. Envestnet Asset Management Inc. increased its position in Cimpress by 10.1% during the 1st quarter. Envestnet Asset Management Inc. now owns 3,168 shares of the business services provider’s stock valued at $201,000 after buying an additional 290 shares in the last quarter. PNC Financial Services Group Inc. increased its position in Cimpress by 12.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,161 shares of the business services provider’s stock valued at $87,000 after buying an additional 346 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD increased its position in Cimpress by 3.1% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 12,227 shares of the business services provider’s stock valued at $338,000 after buying an additional 371 shares in the last quarter. Institutional investors own 76.41% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on CMPR. StockNews.com assumed coverage on Cimpress in a report on Thursday, August 17th. They set a “buy” rating for the company. Truist Financial increased their price objective on Cimpress from $87.00 to $90.00 in a report on Friday. TheStreet upgraded Cimpress from a “d” rating to a “c-” rating in a report on Thursday, July 27th. Finally, Barrington Research increased their price objective on Cimpress from $66.00 to $91.00 and gave the stock an “outperform” rating in a report on Monday, July 31st.

Cimpress Company Profile

Cimpress plc provides various mass customization of printing and related products in North America, Europe, and internationally. The company operates through five segments: Vista, PrintBrothers, The Print Group, National Pen, and All Other Businesses. It offers printed and digital marketing products; internet-based canvas-print wall décor, business signage, and other printed products; business cards; and marketing materials, such as flyers and postcards, digital and marketing services, writing instruments, decorated apparel, promotional products and gifts, packaging, design services, textiles, and magazines and catalogs.