Sean Edward Quinn Sells 5,009 Shares of Cimpress (NASDAQ:CMPR) Stock

Cimpress plc (NASDAQ:CMPR) EVP Sean Edward Quinn sold 5,009 shares of the stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $104.22, for a total value of $522,037.98. Following the completion of the transaction, the executive vice president directly owned 28,937 shares of the company’s stock, valued at $3,015,814.14. This represents a 14.76% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Sean Edward Quinn also recently made the following trade(s):

• On Wednesday, May 27th, Sean Edward Quinn sold 22,980 shares of Cimpress stock. The shares were sold at an average price of $104.61, for a total value of $2,403,937.80.

Cimpress Price Performance

CMPR traded down $1.29 on Friday, reaching $98.56. The company’s stock had a trading volume of 189,011 shares, compared to its average volume of 146,199. The stock has a market cap of $2.39 billion, a price-to-earnings ratio of 55.37 and a beta of 1.79. Cimpress plc has a 1 year low of $42.05 and a 1 year high of $106.13. The business’s 50 day moving average is $83.91 and its 200 day moving average is $76.48.

Cimpress (NASDAQ:CMPR) last issued its quarterly earnings results on Wednesday, April 29th. The business services provider reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.40. The firm had revenue of $886.21 million during the quarter, compared to the consensus estimate of $858.80 million. Cimpress had a negative return on equity of 8.25% and a net margin of 1.24%. As a group, research analysts forecast that Cimpress plc will post 3.81 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Truist Financial set a $110.00 target price on shares of Cimpress in a research report on Friday, May 1st. Zacks Research downgraded shares of Cimpress from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 4th. Barrington Research boosted their target price on shares of Cimpress from $95.00 to $113.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 6th. Wall Street Zen raised shares of Cimpress from a “buy” rating to a “strong-buy” rating in a research report on Sunday, March 1st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Cimpress in a research report on Wednesday, April 29th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $111.50.

Institutional Investors Weigh In On Cimpress

Institutional investors and hedge funds have recently bought and sold shares of the business. Janus Henderson Group PLC raised its stake in Cimpress by 2.6% during the first quarter. Janus Henderson Group PLC now owns 3,713,187 shares of the business services provider’s stock worth $271,063,000 after acquiring an additional 92,764 shares during the period. Rubric Capital Management LP grew its holdings in shares of Cimpress by 6.8% during the first quarter. Rubric Capital Management LP now owns 1,629,419 shares of the business services provider’s stock valued at $118,948,000 after purchasing an additional 104,419 shares during the last quarter. ArrowMark Colorado Holdings LLC grew its holdings in shares of Cimpress by 66.8% during the third quarter. ArrowMark Colorado Holdings LLC now owns 1,258,040 shares of the business services provider’s stock valued at $79,307,000 after purchasing an additional 503,849 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Cimpress by 4.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 446,936 shares of the business services provider’s stock worth $32,627,000 after purchasing an additional 18,262 shares during the period. Finally, Geode Capital Management LLC raised its position in shares of Cimpress by 7.0% during the 4th quarter. Geode Capital Management LLC now owns 405,101 shares of the business services provider’s stock worth $26,979,000 after purchasing an additional 26,547 shares during the period. Institutional investors and hedge funds own 77.64% of the company’s stock.

About Cimpress

Cimpress NV is a global leader in mass customization and web-to-print services, offering businesses and consumers an online platform to design, order and personalize printed marketing materials and promotional products. As the parent company of Vistaprint and a portfolio of regional print service providers, Cimpress leverages proprietary technology to connect millions of small- and medium-sized customers with a network of manufacturing facilities around the world. Its product range spans business cards, brochures, signage, labels, apparel, packaging and a variety of bespoke merchandise.

The company traces its roots to Vistaprint, founded in 1995 by Robert W.