SG Americas Securities LLC boosted its holdings in Cimpress plc (NASDAQ:CMPR – Free Report) by 174.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 42,668 shares of the business services provider’s stock after acquiring an additional 27,146 shares during the quarter. SG Americas Securities LLC owned about 0.17% of Cimpress worth $2,841,000 as of its most recent SEC filing.
Other large investors also recently made changes to their positions in the company. Rubric Capital Management LP raised its holdings in shares of Cimpress by 110.3% in the 3rd quarter. Rubric Capital Management LP now owns 1,180,789 shares of the business services provider’s stock worth $74,437,000 after purchasing an additional 619,360 shares in the last quarter. ArrowMark Colorado Holdings LLC boosted its stake in shares of Cimpress by 66.8% during the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 1,258,040 shares of the business services provider’s stock worth $79,307,000 after acquiring an additional 503,849 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of Cimpress by 89.0% in the 2nd quarter. AQR Capital Management LLC now owns 296,184 shares of the business services provider’s stock worth $13,921,000 after acquiring an additional 139,482 shares during the last quarter. Millennium Management LLC lifted its holdings in shares of Cimpress by 1,215.4% during the third quarter. Millennium Management LLC now owns 126,959 shares of the business services provider’s stock valued at $8,003,000 after purchasing an additional 117,307 shares during the last quarter. Finally, Balyasny Asset Management L.P. acquired a new position in shares of Cimpress in the 2nd quarter valued at $3,183,000. Institutional investors own 77.64% of the company’s stock.
Cimpress Stock Performance
Shares of CMPR opened at $74.15 on Friday. The company has a market capitalization of $1.80 billion, a PE ratio of 82.39 and a beta of 1.71. The company’s 50 day moving average price is $73.50 and its 200 day moving average price is $70.27. Cimpress plc has a 52 week low of $35.21 and a 52 week high of $82.43.
Wall Street Analyst Weigh In
CMPR has been the subject of several recent analyst reports. Truist Financial set a $100.00 target price on shares of Cimpress in a report on Friday, January 30th. Barrington Research boosted their target price on shares of Cimpress from $83.00 to $95.00 and gave the company an “outperform” rating in a research note on Monday, February 2nd. Zacks Research lowered Cimpress from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 26th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Cimpress in a research report on Monday, December 29th. Finally, Wall Street Zen upgraded Cimpress from a “buy” rating to a “strong-buy” rating in a report on Sunday, March 1st. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $97.50.
Get Our Latest Report on Cimpress
Cimpress Profile
Cimpress NV is a global leader in mass customization and web-to-print services, offering businesses and consumers an online platform to design, order and personalize printed marketing materials and promotional products. As the parent company of Vistaprint and a portfolio of regional print service providers, Cimpress leverages proprietary technology to connect millions of small- and medium-sized customers with a network of manufacturing facilities around the world. Its product range spans business cards, brochures, signage, labels, apparel, packaging and a variety of bespoke merchandise.
The company traces its roots to Vistaprint, founded in 1995 by Robert W.
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