63,595 Shares in Cimpress plc $CMPR Purchased by Advantage Alpha Capital Partners LP

Key Points

• Advantage Alpha Capital Partners LP has acquired a new stake in Cimpress plc, purchasing 63,595 shares for approximately $2.88 million, making up 0.26% of the company's stock.
• Recent research suggests mixed sentiments for Cimpress, with Wall Street ratings fluctuating, including a downgrade from "buy" to "hold" and price targets ranging from $70 to $74.
• Cimpress reported a loss of ($1.02) earnings per share for the last quarter, significantly missing the consensus estimate, although its revenue of $869.48 million exceeded expectations.

Advantage Alpha Capital Partners LP bought a new stake in shares of Cimpress plc (NASDAQ:CMPR - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 63,595 shares of the business services provider's stock, valued at approximately $2,876,000. Advantage Alpha Capital Partners LP owned 0.26% of Cimpress as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Summit Securities Group LLC bought a new position in Cimpress during the 1st quarter valued at about $32,000. Bandera Partners LLC bought a new position in Cimpress during the 1st quarter valued at about $10,403,000. Nuveen LLC bought a new position in Cimpress during the 1st quarter valued at about $6,662,000. Connor Clark & Lunn Investment Management Ltd. lifted its stake in Cimpress by 6.3% during the 1st 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 acquiring an additional 8,637 shares during the period. Finally, Wolverine Asset Management LLC bought a new position in Cimpress during the 1st quarter valued at about $1,037,000. Institutional investors own 77.64% of the company's stock.

Wall Street Analysts Forecast Growth

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

Cimpress Trading Down 1.5%

Cimpress stock opened at $58.89 on Friday. The firm has a 50 day moving average of $50.08 and a 200 day moving average of $47.01. The firm has a market capitalization of $1.44 billion, a price-to-earnings ratio of 115.47 and a beta of 1.70. Cimpress plc has a 12-month low of $35.21 and a 12-month high of $102.22.

Cimpress (NASDAQ:CMPR - Get Free Report) last released 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). The firm had revenue of $869.48 million during the quarter, compared to analysts' expectations of $844.24 million. Cimpress had a negative return on equity of 2.64% and a net margin of 0.44%. Cimpress has set its FY 2026 guidance at EPS. On average, analysts predict that Cimpress plc will post 3.69 EPS for the current year.

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.

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