Barclays PLC Raises Holdings in Cimpress plc (NASDAQ:CMPR)

Barclays PLC boosted its holdings in Cimpress plc (NASDAQ:CMPR - Free Report) by 32.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 84,744 shares of the business services provider's stock after purchasing an additional 20,919 shares during the quarter. Barclays PLC owned approximately 0.34% of Cimpress worth $6,078,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Federated Hermes Inc. boosted its position in shares of Cimpress by 2.1% during the fourth quarter. Federated Hermes Inc. now owns 109,627 shares of the business services provider's stock worth $7,862,000 after acquiring an additional 2,212 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in Cimpress by 19.9% during the fourth quarter. Envestnet Asset Management Inc. now owns 34,184 shares of the business services provider's stock valued at $2,452,000 after buying an additional 5,672 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC grew its holdings in shares of Cimpress by 9.0% in the fourth 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 in the last quarter. Dynamic Technology Lab Private Ltd grew its holdings in shares of Cimpress by 82.9% in the fourth quarter. Dynamic Technology Lab Private Ltd now owns 9,792 shares of the business services provider's stock valued at $702,000 after purchasing an additional 4,439 shares in the last quarter. Finally, Wells Fargo & Company MN increased its position in Cimpress by 37.6% in the fourth quarter. Wells Fargo & Company MN now owns 9,850 shares of the business services provider's stock worth $706,000 after purchasing an additional 2,691 shares during the last quarter. Institutional investors own 77.64% of the company's stock.

Insider Buying and Selling

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

Analyst Ratings Changes

Several research analysts recently commented on the company. Truist Financial dropped their price target on Cimpress from $110.00 to $87.00 and set a "buy" rating for the company in a research report on Friday, January 31st. Barrington Research restated an "outperform" rating and issued a $119.00 price target on shares of Cimpress in a research report on Wednesday, January 29th. Finally, StockNews.com raised shares of Cimpress from a "buy" rating to a "strong-buy" rating in a research note on Saturday, February 8th.

Cimpress Trading Down 2.6 %

Shares of NASDAQ CMPR traded down $1.09 during midday trading on Wednesday, hitting $41.59. The company's stock had a trading volume of 74,639 shares, compared to its average volume of 170,999. The business's 50 day moving average is $44.18 and its two-hundred day moving average is $63.06. Cimpress plc has a 12-month low of $39.11 and a 12-month high of $104.92. The firm has a market cap of $1.05 billion, a P/E ratio of 6.89, a price-to-earnings-growth ratio of 0.50 and a beta of 1.94.

Cimpress (NASDAQ:CMPR - Get Free Report) last released its earnings results on Wednesday, January 29th. The business services provider reported $2.36 earnings per share for the quarter, missing the consensus estimate of $2.52 by ($0.16). Cimpress had a negative return on equity of 27.64% and a net margin of 4.75%. On average, analysts predict that Cimpress plc will post 3.69 earnings per share for the current fiscal year.

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.