Florian Baumgartner Sells 4,433 Shares of Cimpress plc (NASDAQ:CMPR) Stock

Cimpress plc (NASDAQ:CMPR) CEO Florian Baumgartner sold 4,433 shares of the company’s stock in a transaction that occurred on Monday, April 8th. The shares were sold at an average price of $97.88, for a total transaction of $433,902.04. Following the completion of the sale, the chief executive officer now directly owns 29,360 shares of the company’s stock, valued at approximately $2,873,756.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• 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 stock was sold at an average price of $92.81, for a total value of $527,439.23.

Cimpress Trading Down 3.4 %

Shares of NASDAQ CMPR opened at $93.45 on Thursday. The company has a fifty day moving average price of $91.00 and a 200 day moving average price of $78.08. The firm has a market cap of $2.49 billion, a PE ratio of 61.89, a PEG ratio of 1.29 and a beta of 1.97. Cimpress plc has a 1-year low of $42.78 and a 1-year high of $100.01.

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

Institutional Investors Weigh In On Cimpress

Several institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in shares of Cimpress by 5.5% in the fourth quarter. Vanguard Group Inc. now owns 1,720,504 shares of the business services provider’s stock valued at $137,726,000 after purchasing an additional 89,931 shares during the last quarter. Thrivent Financial for Lutherans lifted its position in Cimpress by 11.2% during the 1st quarter. Thrivent Financial for Lutherans now owns 1,311,755 shares of the business services provider’s stock worth $57,481,000 after buying an additional 131,763 shares in the last quarter. BlackRock Inc. boosted its stake in shares of Cimpress by 6.2% during the 2nd quarter. BlackRock Inc. now owns 1,307,219 shares of the business services provider’s stock worth $77,753,000 after buying an additional 76,178 shares during the last quarter. Nuveen Asset Management LLC grew its holdings in shares of Cimpress by 1.5% in the 4th quarter. Nuveen Asset Management LLC now owns 715,538 shares of the business services provider’s stock valued at $57,279,000 after acquiring an additional 10,665 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in Cimpress by 1.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 485,989 shares of the business services provider’s stock worth $38,905,000 after acquiring an additional 6,902 shares in the last quarter. Institutional investors own 77.64% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Barrington Research increased their price target on Cimpress from $100.00 to $113.00 and gave the stock an “outperform” rating in a report on Monday, February 5th. Truist Financial increased their target price on Cimpress from $90.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday, February 2nd.

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.