Cimpress plc (NASDAQ:CMPR) Shares Bought by Fmr LLC

Fmr LLC raised its position in Cimpress plc (NASDAQ:CMPR) by 26.5% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 78,216 shares of the business services provider’s stock after buying an additional 16,380 shares during the period. Fmr LLC owned about 0.31% of Cimpress worth $6,407,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in CMPR. Advantage Alpha Capital Partners LP purchased a new position in shares of Cimpress during the 3rd quarter worth $2,932,000. Dynamic Technology Lab Private Ltd purchased a new stake in Cimpress in the third quarter valued at $439,000. Intech Investment Management LLC acquired a new position in shares of Cimpress in the 3rd quarter valued at $477,000. Moran Wealth Management LLC lifted its position in Cimpress by 35.4% during the 3rd quarter. Moran Wealth Management LLC now owns 6,302 shares of the business services provider’s stock worth $516,000 after acquiring an additional 1,649 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of Cimpress by 42.8% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 98,322 shares of the business services provider’s stock worth $8,055,000 after acquiring an additional 29,484 shares during the period. Institutional investors and hedge funds own 77.64% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on CMPR. Barrington Research boosted their target price on Cimpress from $113.00 to $119.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 27th. Truist Financial decreased their price objective on shares of Cimpress from $120.00 to $110.00 and set a “buy” rating for the company in a research report on Friday, November 1st. Finally, StockNews.com lowered Cimpress from a “strong-buy” rating to a “buy” rating in a research report on Friday, November 8th.

Cimpress Trading Down 0.8 %

Cimpress stock opened at $82.05 on Friday. The stock has a market cap of $2.06 billion, a price-to-earnings ratio of 14.10, a PEG ratio of 0.72 and a beta of 2.08. Cimpress plc has a 52 week low of $58.05 and a 52 week high of $104.92. The company’s 50-day moving average price is $79.25 and its two-hundred day moving average price is $84.59.

Cimpress (NASDAQ:CMPR) last announced its earnings results on Wednesday, October 30th. The business services provider reported ($0.50) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.80). Cimpress had a negative return on equity of 27.15% and a net margin of 4.69%. The company had revenue of $804.97 million for the quarter, compared to analyst estimates of $800.51 million. During the same period last year, the firm earned $0.17 earnings per share. Research analysts expect that Cimpress plc will post 4.27 earnings per share for the current fiscal year.

Cimpress 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.