VIRGINIA RETIREMENT SYSTEMS ET Al Takes $879,000 Position in Cimpress plc $CMPR

VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in Cimpress plc (NASDAQ:CMPR) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 18,712 shares of the business services provider’s stock, valued at approximately $879,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Diamond Hill Capital Management Inc. raised its stake in shares of Cimpress by 55.6% in the first quarter. Diamond Hill Capital Management Inc. now owns 921,661 shares of the business services provider’s stock valued at $41,687,000 after acquiring an additional 329,466 shares during the period. Bandera Partners LLC purchased a new stake in shares of Cimpress in the first quarter valued at $10,403,000. AQR Capital Management LLC raised its stake in shares of Cimpress by 129.6% in the first quarter. AQR Capital Management LLC now owns 156,702 shares of the business services provider’s stock valued at $7,088,000 after acquiring an additional 88,466 shares during the period. Nuveen LLC purchased a new stake in shares of Cimpress in the first quarter valued at $6,662,000. Finally, Connor Clark & Lunn Investment Management Ltd. grew its holdings 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 worth $6,575,000 after purchasing an additional 8,637 shares during the last quarter. Hedge funds and other institutional investors own 77.64% of the company’s stock.

Cimpress Price Performance

Shares of Cimpress stock opened at $66.29 on Friday. Cimpress plc has a 1 year low of $35.21 and a 1 year high of $85.56. The firm’s 50-day moving average is $62.43 and its two-hundred day moving average is $51.65. The stock has a market cap of $1.62 billion, a price-to-earnings ratio of 129.98 and a beta of 1.74.

Cimpress (NASDAQ:CMPR) last issued its earnings results on Tuesday, July 29th. The business services provider reported ($1.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.97 by ($1.99). Cimpress had a negative return on equity of 2.64% and a net margin of 0.44%.The business had revenue of $869.48 million for the quarter, compared to the consensus estimate of $844.24 million. Cimpress has set its FY 2026 guidance at EPS. On average, equities analysts expect that Cimpress plc will post 3.69 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Weiss Ratings restated a “sell (d)” rating on shares of Cimpress in a report on Wednesday, October 8th. Wall Street Zen cut shares of Cimpress from a “buy” rating to a “hold” rating in a report on Saturday, October 4th. Truist Financial upped their price target on shares of Cimpress from $74.00 to $78.00 and gave the stock a “buy” rating in a report on Wednesday, September 17th. Barrington Research upped their price target on shares of Cimpress from $70.00 to $77.00 and gave the stock an “outperform” rating in a report on Wednesday, October 1st. Finally, Citigroup restated 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 Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $77.50.

Cimpress Company 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.