Voya Investment Management LLC Boosts Stake in Cimpress plc $CMPR

Voya Investment Management LLC lifted its holdings in Cimpress plc (NASDAQ:CMPR) by 22.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,504 shares of the business services provider’s stock after buying an additional 2,124 shares during the quarter. Voya Investment Management LLC’s holdings in Cimpress were worth $520,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CMPR. Diamond Hill Capital Management Inc. raised its holdings in Cimpress by 55.6% during the first quarter. Diamond Hill Capital Management Inc. now owns 921,661 shares of the business services provider’s stock worth $41,687,000 after purchasing an additional 329,466 shares during the last quarter. Bandera Partners LLC acquired a new position in Cimpress during the first quarter worth $10,403,000. Nuveen LLC acquired a new position in Cimpress during the first quarter worth $6,662,000. AQR Capital Management LLC raised its holdings in Cimpress by 129.6% during the first quarter. AQR Capital Management LLC now owns 156,702 shares of the business services provider’s stock worth $7,088,000 after purchasing an additional 88,466 shares during the last quarter. Finally, Advantage Alpha Capital Partners LP acquired a new position in Cimpress during the first quarter worth $2,876,000. 77.64% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Truist Financial lifted their price objective on Cimpress from $74.00 to $78.00 and gave the stock a “buy” rating in a report on Wednesday, September 17th. Barrington Research boosted their price target on Cimpress from $65.00 to $70.00 and gave the stock an “outperform” rating in a report on Monday, August 4th. Finally, Wall Street Zen raised Cimpress from a “hold” rating to a “buy” rating in a report on Friday. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Cimpress currently has an average rating of “Buy” and an average price target of $74.00.

Cimpress Trading Up 1.9%

Cimpress stock opened at $62.42 on Friday. Cimpress plc has a 52 week low of $35.21 and a 52 week high of $85.56. The stock has a fifty day moving average price of $58.30 and a 200 day moving average price of $49.03. The firm has a market capitalization of $1.53 billion, a P/E ratio of 122.39 and a beta of 1.79.

Cimpress (NASDAQ:CMPR) last posted its quarterly earnings data on Tuesday, July 29th. The business services provider reported ($1.02) EPS for the quarter, missing analysts’ consensus estimates of $0.97 by ($1.99). Cimpress had a net margin of 0.44% and a negative return on equity of 2.64%. The company had revenue of $869.48 million for the quarter, compared to analyst estimates of $844.24 million. Cimpress has set its FY 2026 guidance at EPS. As a group, equities analysts predict that Cimpress plc will post 3.69 EPS for the current year.

About Cimpress

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.