Florian Baumgartner Sells 4,432 Shares of Cimpress plc (NASDAQ:CMPR) Stock

Cimpress plc (NASDAQ:CMPR) CEO Florian Baumgartner sold 4,432 shares of Cimpress stock in a transaction on Monday, April 15th. The stock was sold at an average price of $92.24, for a total transaction of $408,807.68. Following the transaction, the chief executive officer now owns 29,804 shares in the company, valued at approximately $2,749,120.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Monday, April 8th, Florian Baumgartner sold 4,433 shares of Cimpress stock. The stock was sold at an average price of $97.88, for a total value of $433,902.04.
• On Monday, April 1st, Florian Baumgartner sold 5,683 shares of Cimpress stock. The shares were 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 Trading Down 2.3 %

Shares of Cimpress stock opened at $89.50 on Wednesday. The business has a 50-day moving average price of $91.25 and a two-hundred day moving average price of $78.73. Cimpress plc has a 1-year low of $42.78 and a 1-year high of $100.01. The company has a market cap of $2.38 billion, a P/E ratio of 59.27, a PEG ratio of 1.23 and a beta of 1.97.

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. The company had revenue of $921.36 million for the quarter, compared to analyst estimates of $901.13 million. Cimpress had a negative return on equity of 10.76% and a net margin of 1.31%. Equities research analysts forecast that Cimpress plc will post 3.16 EPS for the current fiscal year.

Wall Street Analyst Weigh In

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

Institutional Trading of Cimpress

Large investors have recently modified their holdings of the stock. Envestnet Asset Management Inc. lifted its position in shares of Cimpress by 10.1% during the 1st quarter. Envestnet Asset Management Inc. now owns 3,168 shares of the business services provider’s stock valued at $201,000 after acquiring an additional 290 shares during the period. Raymond James & Associates increased its stake in Cimpress by 10.5% in the first quarter. Raymond James & Associates now owns 38,062 shares of the business services provider’s stock valued at $2,420,000 after purchasing an additional 3,628 shares in the last quarter. American Century Companies Inc. increased its stake in Cimpress by 28.2% in the first quarter. American Century Companies Inc. now owns 17,421 shares of the business services provider’s stock valued at $1,108,000 after purchasing an additional 3,827 shares in the last quarter. BlackRock Inc. raised its holdings in shares of Cimpress by 0.4% during the first quarter. BlackRock Inc. now owns 1,302,130 shares of the business services provider’s stock valued at $82,805,000 after purchasing an additional 4,936 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in shares of Cimpress by 1.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 461,927 shares of the business services provider’s stock worth $29,375,000 after purchasing an additional 7,162 shares in the last quarter. Institutional investors and hedge funds own 77.64% of the company’s stock.

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.