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

Cimpress plc (NASDAQ:CMPR) EVP Maarten Wensveen sold 22,830 shares of the stock in a transaction on 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 sale, the executive vice president owned 20,587 shares of the company’s stock, valued at $1,407,327.32. The trade was a 52.58% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Cimpress Stock Down 1.9%

Shares of Cimpress stock opened at $61.21 on Friday. The company has a market capitalization of $1.51 billion, a price-to-earnings ratio of 46.73 and a beta of 1.76. The stock’s 50-day simple moving average is $63.61 and its 200-day simple moving average is $53.55. Cimpress plc has a 52 week low of $35.21 and a 52 week high of $85.56.

Cimpress (NASDAQ:CMPR) last released its earnings results on Wednesday, October 29th. The business services provider reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.01. The firm had revenue of $863.28 million during 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. On average, equities analysts expect that Cimpress plc will post 3.69 earnings per share for the current year.

Hedge Funds Weigh In On Cimpress

Institutional investors have recently bought and sold shares of the business. Signaturefd LLC grew its stake in shares of Cimpress by 341.6% in the 1st quarter. Signaturefd LLC now owns 605 shares of the business services provider’s stock worth $27,000 after buying an additional 468 shares in the last quarter. First Horizon Corp purchased a new stake in shares of Cimpress during the 3rd quarter valued at about $27,000. Summit Securities Group LLC bought a new position in shares of Cimpress in the 1st quarter valued at about $32,000. Headlands Technologies LLC purchased a new position in Cimpress in the first quarter worth about $34,000. Finally, Raymond James Financial Inc. purchased a new position in Cimpress in the second quarter worth about $51,000. Institutional investors own 77.64% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Cimpress in a report on Wednesday, October 8th. Citigroup reaffirmed an “outperform” rating on shares of Cimpress in a research note on Wednesday, October 1st. Truist Financial lifted their price target on shares of Cimpress from $74.00 to $78.00 and gave the company a “buy” rating in a report on Wednesday, September 17th. Barrington Research boosted their price target on shares of Cimpress from $70.00 to $77.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 1st. Finally, Wall Street Zen raised shares of Cimpress from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Three investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus 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.