Ieq Capital LLC Buys Shares of 15,953 Cimpress plc $CMPR

Key Points

• Ieq Capital LLC has acquired 15,953 shares of Cimpress plc, valued at approximately $722,000, representing a new position for the institutional investor.
• Several other large investors have also taken new positions in Cimpress during the first quarter, indicating heightened institutional interest, with hedge funds owning 77.64% of the stock.
• Cimpress reported a quarterly loss of ($1.02) EPS, missing analysts' expectations, despite revenues exceeding estimates at $869.48 million.

Ieq Capital LLC bought a new position in Cimpress plc (NASDAQ:CMPR - Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The fund bought 15,953 shares of the business services provider's stock, valued at approximately $722,000. Ieq Capital LLC owned about 0.06% of Cimpress as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Blueshift Asset Management LLC purchased a new stake in shares of Cimpress in the 1st quarter worth approximately $822,000. Wolverine Asset Management LLC acquired a new stake in shares of Cimpress in the first quarter worth $1,037,000. Advantage Alpha Capital Partners LP acquired a new stake in shares of Cimpress in the first quarter worth $2,876,000. GAMMA Investing LLC increased its stake in shares of Cimpress by 13,468.8% in the first quarter. GAMMA Investing LLC now owns 14,790 shares of the business services provider's stock worth $669,000 after acquiring an additional 14,681 shares during the period. Finally, Northern Trust Corp boosted its holdings in Cimpress by 6.8% during the fourth quarter. Northern Trust Corp now owns 171,880 shares of the business services provider's stock worth $12,327,000 after buying an additional 10,876 shares in the last quarter. 77.64% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have issued reports on CMPR. Barrington Research increased their price objective on shares of Cimpress from $65.00 to $70.00 and gave the company an "outperform" rating in a report on Monday, August 4th. Truist Financial set a $74.00 price objective on shares of Cimpress and gave the company a "buy" rating in a report on Wednesday, July 30th. Finally, Wall Street Zen cut shares of Cimpress from a "buy" rating to a "hold" rating in a research report on Sunday, August 10th. Two analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of "Buy" and an average price target of $72.00.

Cimpress Trading Up 3.5%

CMPR stock traded up $2.15 on Friday, hitting $62.81. The company's stock had a trading volume of 204,498 shares, compared to its average volume of 193,831. The firm has a 50 day moving average of $54.00 and a two-hundred day moving average of $47.55. Cimpress plc has a 1 year low of $35.21 and a 1 year high of $97.61. The stock has a market cap of $1.54 billion, a price-to-earnings ratio of 123.16 and a beta of 1.79.

Cimpress (NASDAQ:CMPR - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The business services provider reported ($1.02) EPS for the quarter, missing analysts' consensus estimates of $0.97 by ($1.99). The business had revenue of $869.48 million during the quarter, compared to analyst estimates of $844.24 million. Cimpress had a net margin of 0.44% and a negative return on equity of 2.64%. Cimpress has set its FY 2026 guidance at EPS. As a group, equities analysts forecast that Cimpress plc will post 3.69 EPS 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.