Intech Investment Management LLC Has $398,000 Stock Position in Cimpress plc $CMPR

Intech Investment Management LLC lowered its position in Cimpress plc (NASDAQ:CMPR) by 39.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 8,476 shares of the business services provider’s stock after selling 5,566 shares during the period. Intech Investment Management LLC’s holdings in Cimpress were worth $398,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. XTX Topco Ltd acquired a new position in shares of Cimpress during the first quarter worth approximately $1,072,000. PNC Financial Services Group Inc. increased its stake in Cimpress by 15.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 5,795 shares of the business services provider’s stock valued at $262,000 after purchasing an additional 789 shares in the last quarter. Headlands Technologies LLC acquired a new position in Cimpress during the first quarter worth $34,000. Wolverine Asset Management LLC acquired a new position in Cimpress during the first quarter worth $1,037,000. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its stake in shares of Cimpress by 6.3% in the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 145,361 shares of the business services provider’s stock valued at $6,575,000 after buying an additional 8,637 shares in the last quarter. Institutional investors own 77.64% of the company’s stock.

Cimpress Trading Down 0.0%

CMPR stock opened at $68.85 on Friday. The stock has a market cap of $1.70 billion, a P/E ratio of 52.56 and a beta of 1.76. The stock’s fifty day simple moving average is $65.38 and its two-hundred day simple moving average is $56.28. Cimpress plc has a 1-year low of $35.21 and a 1-year high of $85.56.

Cimpress (NASDAQ:CMPR) last released its earnings results on Wednesday, October 29th. The business services provider reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.01. The company had revenue of $863.28 million for 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. As a group, analysts forecast that Cimpress plc will post 3.69 earnings per share for the current fiscal year.

Insider Activity

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

Analyst Ratings Changes

CMPR has been the subject of several recent research reports. Barrington Research boosted their target price on shares of Cimpress from $77.00 to $83.00 and gave the stock an “outperform” rating in a research report on Monday, November 17th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Cimpress in a research note on Tuesday. Truist Financial increased their price objective on Cimpress from $74.00 to $78.00 and gave the stock a “buy” rating in a research note on Wednesday, September 17th. Wall Street Zen upgraded Cimpress from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Finally, Citigroup reiterated an “outperform” rating on shares of Cimpress in a report on Wednesday, October 1st. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Cimpress has a consensus rating of “Moderate Buy” and a consensus target price of $80.50.

Cimpress Profile

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.