Cimpress NV (NASDAQ:CMPR) hit a new 52-week high on Thursday . The company traded as high as $124.25 and last traded at $123.47, with a volume of 209700 shares changing hands. The stock had previously closed at $121.25.
A number of equities research analysts have recently weighed in on CMPR shares. Zacks Investment Research upgraded shares of Cimpress from a “hold” rating to a “buy” rating and set a $121.00 price objective on the stock in a report on Tuesday, October 24th. Barrington Research restated a “buy” rating and issued a $125.00 price objective (up from $110.00) on shares of Cimpress in a report on Tuesday, November 14th. BidaskClub lowered shares of Cimpress from a “strong-buy” rating to a “buy” rating in a report on Saturday, December 9th. SunTrust Banks restated a “hold” rating and issued a $113.00 price objective on shares of Cimpress in a report on Friday, November 3rd. Finally, ValuEngine lowered shares of Cimpress from a “hold” rating to a “sell” rating in a report on Sunday, December 31st. Two analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the stock. Cimpress presently has a consensus rating of “Hold” and an average price target of $109.40.
The company has a quick ratio of 0.39, a current ratio of 0.52 and a debt-to-equity ratio of 10.73. The stock has a market cap of $3,832.66, a P/E ratio of -176.60, a P/E/G ratio of 5.53 and a beta of 0.13.
In related news, CFO Sean Edward Quinn sold 1,526 shares of Cimpress stock in a transaction on Thursday, November 2nd. The shares were sold at an average price of $115.00, for a total transaction of $175,490.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Donald Leblanc sold 2,000 shares of Cimpress stock in a transaction on Monday, November 13th. The stock was sold at an average price of $119.00, for a total transaction of $238,000.00. Following the sale, the executive vice president now owns 23,984 shares in the company, valued at $2,854,096. The disclosure for this sale can be found here. Insiders have sold a total of 95,645 shares of company stock worth $11,353,735 over the last quarter. 11.80% of the stock is owned by company insiders.
A number of large investors have recently made changes to their positions in the stock. Janus Henderson Group PLC acquired a new stake in Cimpress during the 3rd quarter worth $398,436,000. Arlington Value Capital LLC raised its stake in Cimpress by 18.4% during the 2nd quarter. Arlington Value Capital LLC now owns 2,093,070 shares of the business services provider’s stock worth $197,857,000 after acquiring an additional 324,977 shares in the last quarter. Vanguard Group Inc. raised its stake in Cimpress by 2.0% during the 2nd quarter. Vanguard Group Inc. now owns 1,607,220 shares of the business services provider’s stock worth $151,930,000 after acquiring an additional 31,348 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Cimpress by 1.6% in the second quarter. Dimensional Fund Advisors LP now owns 642,612 shares of the business services provider’s stock valued at $60,745,000 after purchasing an additional 9,933 shares during the period. Finally, Alliancebernstein L.P. increased its stake in Cimpress by 1.5% in the second quarter. Alliancebernstein L.P. now owns 492,390 shares of the business services provider’s stock valued at $46,546,000 after purchasing an additional 7,162 shares during the period.
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Cimpress N.V., formerly Vistaprint N.V., is a technology driven company, which aggregates through the Internet, large volumes of small, individually customized orders for a spectrum of print, signage, apparel and similar products. The Company operates through segments, which include Vistaprint business unit, Upload and Print business units and All Other business units.
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