Pallas Capital Advisors LLC Raises Stock Position in Cimpress plc $CMPR

Pallas Capital Advisors LLC boosted its stake in shares of Cimpress plc (NASDAQ:CMPR) by 39.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,676 shares of the business services provider’s stock after acquiring an additional 7,032 shares during the quarter. Pallas Capital Advisors LLC owned about 0.10% of Cimpress worth $1,160,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Signaturefd LLC lifted its stake in Cimpress by 341.6% in the first quarter. Signaturefd LLC now owns 605 shares of the business services provider’s stock worth $27,000 after purchasing an additional 468 shares during the last quarter. Summit Securities Group LLC bought a new stake in shares of Cimpress during the first quarter worth $32,000. Headlands Technologies LLC bought a new stake in shares of Cimpress during the first quarter worth $34,000. Cerity Partners LLC purchased a new stake in shares of Cimpress during the first quarter valued at $214,000. Finally, Mayfair Advisory Group LLC increased its stake in Cimpress by 70.3% in the 1st quarter. Mayfair Advisory Group LLC now owns 4,839 shares of the business services provider’s stock worth $219,000 after buying an additional 1,998 shares during the period. Institutional investors own 77.64% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. Barrington Research increased their target price on shares of Cimpress from $65.00 to $70.00 and gave the stock an “outperform” rating in a report on Monday, August 4th. Wall Street Zen lowered shares of Cimpress from a “buy” rating to a “hold” rating in a research report on Sunday, August 10th. Finally, Truist Financial lifted their price objective on shares of Cimpress from $74.00 to $78.00 and gave the stock a “buy” rating in a research report on Wednesday. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $74.00.

Cimpress Stock Up 1.2%

CMPR stock opened at $62.90 on Friday. Cimpress plc has a 52-week low of $35.21 and a 52-week high of $86.76. The firm has a market cap of $1.54 billion, a P/E ratio of 123.34 and a beta of 1.79. The company’s 50-day simple moving average is $56.24 and its 200-day simple moving average is $48.30.

Cimpress (NASDAQ:CMPR) last announced its quarterly earnings results on Tuesday, July 29th. The business services provider reported ($1.02) earnings per share for the quarter, missing the consensus estimate of $0.97 by ($1.99). The business had revenue of $869.48 million during the quarter, compared to analysts’ expectations of $844.24 million. Cimpress had a net margin of 0.44% and a negative return on equity of 2.64%. Cimpress has set its FY 2026 guidance at EPS. On average, analysts anticipate that Cimpress plc will post 3.69 earnings per share for the current fiscal 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.