Insider Selling: Cimpress plc (NASDAQ:CMPR) CEO Sells $408,807.68 in Stock

Cimpress plc (NASDAQ:CMPR) CEO Florian Baumgartner sold 4,432 shares of Cimpress stock in a transaction on Monday, April 15th. The stock was sold at an average price of $92.24, for a total transaction of $408,807.68. Following the sale, the chief executive officer now directly owns 29,804 shares in the company, valued at approximately $2,749,120.96. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

• On Monday, April 8th, Florian Baumgartner sold 4,433 shares of Cimpress stock. The stock was sold at an average price of $97.88, for a total transaction of $433,902.04.
• On Monday, April 1st, Florian Baumgartner sold 5,683 shares of Cimpress stock. The stock was 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 transaction of $527,439.23.

Cimpress Price Performance

Shares of CMPR stock opened at $90.23 on Thursday. The firm has a market cap of $2.40 billion, a P/E ratio of 59.75, a P/E/G ratio of 1.21 and a beta of 1.97. Cimpress plc has a 1-year low of $42.78 and a 1-year high of $100.01. The firm has a fifty day moving average of $91.37 and a two-hundred day moving average of $78.81.

Cimpress (NASDAQ:CMPR) last announced its quarterly earnings data on Wednesday, January 31st. The business services provider reported $2.14 earnings per share for the quarter, topping the consensus estimate of $1.24 by $0.90. Cimpress had a net margin of 1.31% and a negative return on equity of 10.76%. The company had revenue of $921.36 million during the quarter, compared to analyst estimates of $901.13 million. On average, sell-side analysts expect that Cimpress plc will post 3.16 EPS for the current year.

Wall Street Analyst Weigh In

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. DekaBank Deutsche Girozentrale acquired a new position in shares of Cimpress in the 3rd quarter valued at about $88,000. Advisor Group Holdings Inc. boosted its holdings in shares of Cimpress by 85.1% in the 4th quarter. Advisor Group Holdings Inc. now owns 1,616 shares of the business services provider’s stock valued at $44,000 after buying an additional 743 shares during the period. Ameritas Investment Partners Inc. boosted its holdings in shares of Cimpress by 10.2% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,926 shares of the business services provider’s stock valued at $115,000 after buying an additional 179 shares during the period. Lazard Asset Management LLC acquired a new position in shares of Cimpress in the 2nd quarter valued at about $131,000. Finally, Contravisory Investment Management Inc. acquired a new position in Cimpress during the 4th quarter valued at about $185,000. 77.64% of the stock is owned by institutional investors and hedge funds.

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.