Cimpress (NASDAQ:CMPR) EVP Sells $1,560,658.80 in Stock

Cimpress plc (NASDAQ:CMPR) EVP Maarten Wensveen sold 22,830 shares of the firm’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $68.36, for a total value of $1,560,658.80. Following the completion of the transaction, the executive vice president owned 20,587 shares of the company’s stock, valued at approximately $1,407,327.32. This represents a 52.58% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Cimpress Stock Down 2.3%

Shares of NASDAQ CMPR traded down $1.53 during trading hours on Wednesday, reaching $64.57. 31,542 shares of the stock traded hands, compared to its average volume of 227,734. The company has a market capitalization of $1.59 billion, a P/E ratio of 49.29 and a beta of 1.76. Cimpress plc has a 52-week low of $35.21 and a 52-week high of $85.56. The company’s 50-day simple moving average is $63.61 and its two-hundred day simple moving average is $53.27.

Cimpress (NASDAQ:CMPR) last announced its quarterly earnings data on Wednesday, October 29th. The business services provider reported $0.30 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.01. The company had revenue of $863.28 million for the quarter, compared to analysts’ expectations of $839.42 million. Cimpress had a negative return on equity of 6.23% and a net margin of 1.02%. Cimpress has set its FY 2026 guidance at EPS. As a group, sell-side analysts forecast that Cimpress plc will post 3.69 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Signaturefd LLC raised its stake in Cimpress by 341.6% during the first quarter. Signaturefd LLC now owns 605 shares of the business services provider’s stock valued at $27,000 after buying an additional 468 shares during the last quarter. First Horizon Corp purchased a new position in Cimpress during the third quarter valued at $27,000. Summit Securities Group LLC purchased a new position in Cimpress during the first quarter valued at $32,000. Headlands Technologies LLC purchased a new position in Cimpress during the first quarter valued at $34,000. Finally, Raymond James Financial Inc. purchased a new position in Cimpress during the second quarter valued at $51,000. Hedge funds and other institutional investors own 77.64% of the company’s stock.

Analyst Upgrades and Downgrades

CMPR has been the topic of several recent research reports. Truist Financial raised their price target on Cimpress from $74.00 to $78.00 and gave the stock a “buy” rating in a research report on Wednesday, September 17th. Weiss Ratings reiterated a “sell (d)” rating on shares of Cimpress in a research report on Wednesday, October 8th. Wall Street Zen upgraded Cimpress from a “hold” rating to a “buy” rating in a research report on Saturday. Citigroup restated an “outperform” rating on shares of Cimpress in a research report on Wednesday, October 1st. Finally, Barrington Research lifted their price target on Cimpress from $70.00 to $77.00 and gave the company an “outperform” rating in a research report on Wednesday, October 1st. Three equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $77.50.

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.