1 week Ago By ABMN Staff
Prudential Financial Inc. increased its holdings in Cimpress plc ( NASDAQ:CMPR – Free Report ) by 36.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC).
The fund owned 3,707 shares of the business services provider’s stock after acquiring an additional 990 shares during the period. Prudential Financial Inc.’s holdings in Cimpress were worth $266,000 at the end of the most recent quarter.
Other large investors have also added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Cimpress by 54.5% in the third 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 valued at $2,164,000 after purchasing an additional 9,324 shares in the last quarter. Hantz Financial Services Inc. raised its position in Cimpress by 9.
1% in the 4th quarter. Hantz Financial Services Inc. now owns 159,000 shares of the business services provider’s stock valued at $11,403,000 after buying an additional 13,297 shares during the last quarter.
Sequoia Financial Advisors LLC lifted its stake in Cimpress by 8.1% during the 4th quarter. Sequoia Financial Advisors LLC now owns 100,087 shares of the business services provider’s stock valued at $7,178,000 after acquiring an additional 7,535 shares in the last quarter.
SG Americas Securities LLC grew its stake in shares of Cimpress by 118.8% in the 4th quarter. SG Americas Securities LLC now owns 7,847 shares of the business services provider’s stock worth $563,000 after acquiring an additional 4,261 shares in the last quarter.
Finally, Hennessy Advisors Inc. raised its holdings in shares of Cimpress by 6.9% in the fourth quarter.
Hennessy Advisors Inc. now owns 110,400 shares of the business services provider’s stock valued at $7,918,000 after purchasing an additional 7,100 shares during the last quarter. Institutional investors own 77.
64% of the company’s stock. Analysts Set New Price Targets Several research firms have commented on CMPR. StockNews.
com upgraded shares of Cimpress from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 8th. Truist Financial reduced their target price on Cimpress from $110.00 to $87.
00 and set a “buy” rating for the company in a report on Friday, January 31st. Finally, Barrington Research reiterated an “outperform” rating and set a $119.00 price target on shares of Cimpress in a report on Wednesday, January 29th.
Insider Activity In related news, CFO Sean Edward Quinn purchased 5,000 shares of Cimpress stock in a transaction dated Friday, March 14th. The stock was bought at an average cost of $41.50 per share, for a total transaction of $207,500.
00. Following the completion of the transaction, the chief financial officer now owns 20,224 shares in the company, valued at $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 Securities & Exchange Commission, which is accessible through this link . Insiders own 17.
80% of the company’s stock. Cimpress Stock Down 3.5 % CMPR opened at $42.
94 on Friday. Cimpress plc has a twelve month low of $39.11 and a twelve month high of $104.
92. The company’s 50-day moving average price is $47.28 and its two-hundred day moving average price is $66.
53. The stock has a market cap of $1.08 billion, a price-to-earnings ratio of 7.
11, a PEG ratio of 0.50 and a beta of 1.94.
Cimpress ( NASDAQ:CMPR – Get Free Report ) last posted its quarterly earnings data on Wednesday, January 29th. The business services provider reported $2.36 EPS for the quarter, missing the consensus estimate of $2.
52 by ($0.16). Cimpress had a net margin of 4.
75% and a negative return on equity of 27.64%. As a group, sell-side analysts anticipate that Cimpress plc will post 3.
69 earnings per share for the current year. Cimpress Company Profile ( Free Report ) 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. See Also Want to see what other hedge funds are holding CMPR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cimpress plc ( NASDAQ:CMPR – Free Report ).
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