BNP Paribas Financial Markets Makes New $973,000 Investment in Cimpress plc (NASDAQ:CMPR)

BNP Paribas Financial Markets acquired a new position in Cimpress plc (NASDAQ:CMPR) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 13,573 shares of the business services provider’s stock, valued at approximately $973,000. BNP Paribas Financial Markets owned about 0.05% of Cimpress as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC boosted its holdings in Cimpress by 8.1% during the 4th quarter. Sequoia Financial Advisors LLC now owns 100,087 shares of the business services provider’s stock valued at $7,178,000 after acquiring an additional 7,535 shares during the period. Hantz Financial Services Inc. lifted its position in shares of Cimpress by 9.1% during the fourth quarter. Hantz Financial Services Inc. now owns 159,000 shares of the business services provider’s stock worth $11,403,000 after purchasing an additional 13,297 shares in the last quarter. SG Americas Securities LLC boosted its stake in shares of Cimpress by 118.8% in the fourth quarter. SG Americas Securities LLC now owns 7,847 shares of the business services provider’s stock valued at $563,000 after purchasing an additional 4,261 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of Cimpress by 1.0% in the third quarter. JPMorgan Chase & Co. now owns 21,937 shares of the business services provider’s stock valued at $1,797,000 after purchasing an additional 215 shares in the last quarter. Finally, Barclays PLC lifted its holdings in Cimpress by 70.3% during the 3rd quarter. Barclays PLC now owns 63,825 shares of the business services provider’s stock worth $5,229,000 after buying an additional 26,342 shares in the last quarter. 77.64% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CFO Sean Edward Quinn purchased 5,000 shares of Cimpress stock in a transaction that occurred on Friday, March 14th. The stock was purchased at an average cost of $41.50 per share, with a total value of $207,500.00. Following the completion of the transaction, the chief financial officer now directly owns 20,224 shares in the company, valued at approximately $839,296. The trade was a 32.84% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 17.80% of the company’s stock.

Cimpress Trading Down 0.4%

Shares of NASDAQ:CMPR opened at $44.84 on Wednesday. Cimpress plc has a 52 week low of $35.21 and a 52 week high of $104.92. The company’s 50 day moving average is $43.17 and its two-hundred day moving average is $59.51. The company has a market cap of $1.12 billion, a PE ratio of 7.42, a P/E/G ratio of 0.50 and a beta of 1.82.

Cimpress (NASDAQ:CMPR) last issued its earnings results on Wednesday, April 30th. The business services provider reported ($0.33) EPS for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.94). Cimpress had a negative return on equity of 27.64% and a net margin of 4.75%. The firm had revenue of $789.47 million for the quarter, compared to analyst estimates of $798.02 million. As a group, equities research analysts expect that Cimpress plc will post 3.69 EPS for the current year.

Analysts Set New Price Targets

CMPR has been the topic of a number of recent research reports. Truist Financial cut their price objective on Cimpress from $87.00 to $60.00 and set a “buy” rating on the stock in a research report on Monday, May 5th. StockNews.com cut Cimpress from a “strong-buy” rating to a “buy” rating in a research note on Monday, May 5th. Finally, Barrington Research reduced their price target on Cimpress from $95.00 to $65.00 and set an “outperform” rating on the stock in a research report on Friday, May 9th.

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.