Cimpress plc (NASDAQ:CMPR) CEO Florian Baumgartner Sells 4,432 Shares

Cimpress plc (NASDAQ:CMPR) CEO Florian Baumgartner sold 4,432 shares of the business’s stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $92.24, for a total transaction of $408,807.68. Following the completion of the sale, the chief executive officer now directly owns 29,804 shares in the company, valued at approximately $2,749,120.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Florian Baumgartner also recently made the following trade(s):

• On Monday, April 8th, Florian Baumgartner sold 4,433 shares of Cimpress stock. The shares were sold at an average price of $97.88, for a total transaction of $433,902.04.
• On Monday, April 1st, Florian Baumgartner sold 5,683 shares of Cimpress stock. The shares were sold at an average price of $89.97, for a total transaction of $511,299.51.
• On Thursday, March 21st, Florian Baumgartner sold 5,683 shares of Cimpress stock. The shares were sold at an average price of $92.81, for a total transaction of $527,439.23.

Cimpress Price Performance

CMPR stock opened at $91.59 on Tuesday. Cimpress plc has a one year low of $42.78 and a one year high of $100.01. The stock has a market cap of $2.44 billion, a PE ratio of 60.66, a P/E/G ratio of 1.23 and a beta of 1.97. The firm has a 50 day simple moving average of $91.15 and a two-hundred day simple moving average of $78.59.

Cimpress (NASDAQ:CMPR) last released its quarterly earnings results on Wednesday, January 31st. The business services provider reported $2.14 EPS for the quarter, topping analysts’ consensus estimates of $1.24 by $0.90. Cimpress had a net margin of 1.31% and a negative return on equity of 10.76%. The business had revenue of $921.36 million during the quarter, compared to analysts’ expectations of $901.13 million. On average, research analysts expect that Cimpress plc will post 3.16 EPS for the current fiscal year.

Hedge Funds Weigh In On Cimpress

A number of hedge funds and other institutional investors have recently bought and sold shares of CMPR. Envestnet Asset Management Inc. boosted its stake in shares of Cimpress by 10.1% in the 1st quarter. Envestnet Asset Management Inc. now owns 3,168 shares of the business services provider’s stock valued at $201,000 after purchasing an additional 290 shares in the last quarter. Raymond James & Associates boosted its stake in shares of Cimpress by 10.5% in the 1st quarter. Raymond James & Associates now owns 38,062 shares of the business services provider’s stock valued at $2,420,000 after purchasing an additional 3,628 shares in the last quarter. American Century Companies Inc. boosted its stake in shares of Cimpress by 28.2% in the 1st quarter. American Century Companies Inc. now owns 17,421 shares of the business services provider’s stock valued at $1,108,000 after purchasing an additional 3,827 shares in the last quarter. BlackRock Inc. boosted its stake in shares of Cimpress by 0.4% in the 1st quarter. BlackRock Inc. now owns 1,302,130 shares of the business services provider’s stock valued at $82,805,000 after purchasing an additional 4,936 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Cimpress by 1.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 461,927 shares of the business services provider’s stock valued at $29,375,000 after purchasing an additional 7,162 shares in the last quarter. Hedge funds and other institutional investors own 77.64% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on CMPR shares. Truist Financial upped their target price on shares of Cimpress from $90.00 to $110.00 and gave the stock a “buy” rating in a report on Friday, February 2nd. Barrington Research upped their target price on shares of Cimpress from $100.00 to $113.00 and gave the stock an “outperform” rating in a report on Monday, February 5th.

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.