Cimpress plc $CMPR Shares Acquired by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. increased its position in shares of Cimpress plc (NASDAQ:CMPR) by 7.2% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 155,841 shares of the business services provider’s stock after purchasing an additional 10,480 shares during the quarter. Connor Clark & Lunn Investment Management Ltd.’s holdings in Cimpress were worth $7,325,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in CMPR. Signaturefd LLC grew its position 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 acquiring an additional 468 shares during the period. Summit Securities Group LLC purchased a new stake in Cimpress in the first quarter valued at $32,000. Headlands Technologies LLC acquired a new position in shares of Cimpress in the 1st quarter valued at $34,000. Cerity Partners LLC purchased a new position in shares of Cimpress during the 1st quarter worth $214,000. Finally, CWM LLC increased its position in shares of Cimpress by 835.5% during the 1st quarter. CWM LLC now owns 5,323 shares of the business services provider’s stock worth $241,000 after purchasing an additional 4,754 shares during the last quarter. 77.64% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently issued reports on CMPR shares. Barrington Research boosted their price objective on shares of Cimpress from $70.00 to $77.00 and gave the company an “outperform” rating in a report on Wednesday, October 1st. Weiss Ratings raised shares of Cimpress from a “sell (d)” rating to a “hold (c-)” rating in a research note on Friday, November 7th. Citigroup reaffirmed an “outperform” rating on shares of Cimpress in a research report on Wednesday, October 1st. Wall Street Zen upgraded shares of Cimpress from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Finally, Truist Financial boosted their target price on Cimpress from $74.00 to $78.00 and gave the company a “buy” rating in a research report on Wednesday, September 17th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Cimpress presently has a consensus rating of “Moderate Buy” and a consensus target price of $77.50.

Insider Activity at Cimpress

In other news, EVP Sean Edward Quinn bought 4,000 shares of Cimpress stock in a transaction that occurred on Thursday, November 6th. The shares were purchased at an average price of $62.79 per share, with a total value of $251,160.00. Following the completion of the acquisition, the executive vice president directly owned 36,484 shares in the company, valued at $2,290,830.36. The trade was a 12.31% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Maarten Wensveen sold 22,830 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $68.36, for a total transaction of $1,560,658.80. Following the transaction, the executive vice president owned 20,587 shares of the company’s stock, valued at $1,407,327.32. This trade represents a 52.58% decrease in their position. The disclosure for this sale is available in the SEC filing. 10.20% of the stock is owned by company insiders.

Cimpress Trading Down 2.2%

NASDAQ:CMPR opened at $65.12 on Thursday. Cimpress plc has a 12-month low of $35.21 and a 12-month high of $85.56. The firm has a market cap of $1.61 billion, a PE ratio of 49.71 and a beta of 1.76. The stock has a fifty day moving average price of $63.82 and a 200 day moving average price of $54.12.

Cimpress (NASDAQ:CMPR) last issued its quarterly earnings results on Wednesday, October 29th. The business services provider reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.01. The company had revenue of $863.28 million for the quarter, compared to the consensus estimate 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. Equities analysts forecast that Cimpress plc will post 3.69 EPS for the current 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.