Cimpress plc (NASDAQ:CMPR) Shares Purchased by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership raised its position in Cimpress plc (NASDAQ:CMPR) by 1.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 236,941 shares of the business services provider’s stock after purchasing an additional 2,988 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Cimpress were worth $16,993,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. FMR LLC lifted its stake in shares of Cimpress by 26.5% during the third quarter. FMR LLC now owns 78,216 shares of the business services provider’s stock valued at $6,407,000 after buying an additional 16,380 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Cimpress by 5.0% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,521 shares of the business services provider’s stock valued at $287,000 after acquiring an additional 169 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Cimpress by 54.5% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 26,420 shares of the business services provider’s stock worth $2,164,000 after purchasing an additional 9,324 shares during the period. Point72 Asset Management L.P. acquired a new stake in shares of Cimpress during the third quarter worth $115,000. Finally, Point72 DIFC Ltd purchased a new stake in shares of Cimpress in the third quarter valued at $265,000. 77.64% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on CMPR shares. Barrington Research reiterated an “outperform” rating and set a $119.00 target price on shares of Cimpress in a research report on Wednesday, January 29th. StockNews.com upgraded shares of Cimpress from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 8th. Finally, Truist Financial dropped their price target on shares of Cimpress from $110.00 to $87.00 and set a “buy” rating for the company in a research report on Friday, January 31st.

Insider Transactions at Cimpress

In other Cimpress news, CFO Sean Edward Quinn purchased 5,000 shares of the firm’s stock in a transaction that occurred on Friday, March 14th. The stock was purchased at an average cost of $41.50 per share, with a total value of $207,500.00. Following the transaction, the chief financial officer now owns 20,224 shares in the company, valued at approximately $839,296. This trade represents a 32.84 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 17.80% of the company’s stock.

Cimpress Trading Down 2.1 %

CMPR stock opened at $43.42 on Friday. The company has a market cap of $1.09 billion, a PE ratio of 7.19, a price-to-earnings-growth ratio of 0.50 and a beta of 2.22. The stock has a 50-day moving average price of $50.63 and a two-hundred day moving average price of $68.30. Cimpress plc has a 12-month low of $41.01 and a 12-month high of $104.92.

Cimpress (NASDAQ:CMPR) last posted its earnings results on Wednesday, January 29th. The business services provider reported $2.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.52 by ($0.16). Cimpress had a negative return on equity of 27.64% and a net margin of 4.75%. Equities analysts forecast that Cimpress plc will post 3.69 EPS for the current fiscal year.

Cimpress Profile

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.