Cimpress plc (NASDAQ:CMPR) CEO Florian Baumgartner Sells 4,433 Shares of Stock

Cimpress plc (NASDAQ:CMPR) CEO Florian Baumgartner sold 4,433 shares of the firm’s stock in a transaction dated Monday, April 8th. The shares were sold at an average price of $97.88, for a total transaction of $433,902.04. Following the completion of the transaction, the chief executive officer now directly owns 29,360 shares in the company, valued at $2,873,756.80. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Florian Baumgartner also recently made the following trade(s):

• On Monday, April 1st, Florian Baumgartner sold 5,683 shares of Cimpress stock. The stock was sold at an average price of $89.97, for a total value of $511,299.51.
• On Thursday, March 21st, Florian Baumgartner sold 5,683 shares of Cimpress stock. The shares were sold at an average price of $92.81, for a total value of $527,439.23.

Cimpress Stock Down 1.2 %

NASDAQ CMPR opened at $96.78 on Wednesday. The company has a market capitalization of $2.58 billion, a price-to-earnings ratio of 64.09, a PEG ratio of 1.29 and a beta of 1.97. The stock has a fifty day simple moving average of $90.64 and a 200 day simple moving average of $77.97. Cimpress plc has a twelve month low of $40.89 and a twelve month high of $100.01.

Cimpress (NASDAQ:CMPR) last announced its earnings results on Wednesday, January 31st. The business services provider reported $2.14 EPS for the quarter, beating the consensus estimate of $1.24 by $0.90. Cimpress had a negative return on equity of 10.76% and a net margin of 1.31%. The business had revenue of $921.36 million for the quarter, compared to analysts’ expectations of $901.13 million. Research analysts expect that Cimpress plc will post 3.16 earnings per share for the current fiscal year.

Institutional Trading of Cimpress

A number of institutional investors have recently bought and sold shares of CMPR. DekaBank Deutsche Girozentrale acquired a new position in shares of Cimpress in the 3rd quarter valued at about $88,000. Advisor Group Holdings Inc. grew its holdings in Cimpress by 85.1% in the fourth quarter. Advisor Group Holdings Inc. now owns 1,616 shares of the business services provider’s stock worth $44,000 after purchasing an additional 743 shares during the period. Ameritas Investment Partners Inc. grew its stake in shares of Cimpress by 10.2% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,926 shares of the business services provider’s stock valued at $115,000 after buying an additional 179 shares during the period. Lazard Asset Management LLC acquired a new stake in Cimpress in the second quarter valued at approximately $131,000. Finally, Contravisory Investment Management Inc. bought a new stake in shares of Cimpress during the fourth quarter valued at approximately $185,000. Institutional investors own 77.64% of the company’s stock.

Wall Street Analyst Weigh In

CMPR has been the subject of several research analyst reports. Barrington Research boosted their target price on Cimpress from $100.00 to $113.00 and gave the stock an “outperform” rating in a research note on Monday, February 5th. Truist Financial boosted their price objective on Cimpress from $90.00 to $110.00 and gave the stock a “buy” rating in a research report on Friday, February 2nd.

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.