Northern Trust Corp Has $12.33 Million Stock Holdings in Cimpress plc (NASDAQ:CMPR)

Northern Trust Corp boosted its position in Cimpress plc (NASDAQ:CMPR - Free Report) by 6.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 171,880 shares of the business services provider's stock after purchasing an additional 10,876 shares during the quarter. Northern Trust Corp owned about 0.68% of Cimpress worth $12,327,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Hillsdale Investment Management Inc. lifted its position in Cimpress by 0.5% in the 4th quarter. Hillsdale Investment Management Inc. now owns 43,500 shares of the business services provider's stock valued at $3,120,000 after purchasing an additional 200 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Cimpress by 1.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 21,937 shares of the business services provider's stock valued at $1,797,000 after purchasing an additional 215 shares during the last quarter. Rhumbline Advisers lifted its position in Cimpress by 0.9% in the 4th quarter. Rhumbline Advisers now owns 25,381 shares of the business services provider's stock valued at $1,820,000 after purchasing an additional 232 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC lifted its position in Cimpress by 9.0% in the 4th quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 4,112 shares of the business services provider's stock valued at $295,000 after purchasing an additional 341 shares during the last quarter. Finally, Handelsbanken Fonder AB lifted its position in Cimpress by 6.4% in the 4th quarter. Handelsbanken Fonder AB now owns 6,696 shares of the business services provider's stock valued at $480,000 after purchasing an additional 400 shares during the last quarter. 77.64% of the stock is currently owned by institutional investors.

Cimpress Stock Performance

Shares of CMPR stock traded up $0.24 during midday trading on Thursday, reaching $43.06. 219,496 shares of the company were exchanged, compared to its average volume of 174,619. Cimpress plc has a 12 month low of $35.21 and a 12 month high of $104.92. The company has a market cap of $1.07 billion, a P/E ratio of 7.13, a PEG ratio of 0.50 and a beta of 1.82. The company's 50 day moving average price is $43.14 and its two-hundred day moving average price is $59.19.

Cimpress (NASDAQ:CMPR - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The business services provider reported ($0.33) EPS for the quarter, missing analysts' consensus estimates of $0.61 by ($0.94). Cimpress had a negative return on equity of 27.64% and a net margin of 4.75%. The company had revenue of $789.47 million for the quarter, compared to the consensus estimate of $798.02 million. As a group, sell-side analysts predict that Cimpress plc will post 3.69 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Barrington Research cut their price objective on shares of Cimpress from $95.00 to $65.00 and set an "outperform" rating on the stock in a research report on Friday, May 9th. Wall Street Zen downgraded shares of Cimpress from a "strong-buy" rating to a "buy" rating in a research report on Monday, May 5th. Finally, Truist Financial dropped their price target on shares of Cimpress from $87.00 to $60.00 and set a "buy" rating on the stock in a research report on Monday, May 5th.

Insiders Place Their Bets

In other news, CFO Sean Edward Quinn bought 5,000 shares of the company's stock in a transaction dated Friday, March 14th. The shares were acquired at an average cost of $41.50 per share, with a total value of $207,500.00. Following the completion of the transaction, the chief financial officer now directly owns 20,224 shares in the company, valued at approximately $839,296. The trade was a 32.84% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 17.80% of the stock is owned by insiders.

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.