Vanguard Group Inc. Reduces Stock Position in Cimpress plc $CMPR

Key Points

• The Vanguard Group Inc. has reduced its stake in Cimpress plc by 9.5% in the 1st quarter, now owning approximately 6.59% of the company valued at $75 million.
• During the same period, other institutional investors increased their holdings, with Signaturefd LLC growing its stake by 341.6% and new investors like Ethic Inc. acquiring shares valued at $214,000.
• Cimpress stock recently saw a 6.4% increase, with a current market cap of $1.53 billion and a reported earnings miss of ($1.02) per share against a consensus estimate of $0.97.

Vanguard Group Inc. reduced its holdings in shares of Cimpress plc (NASDAQ:CMPR - Free Report) by 9.5% in the first quarter, according to its most recent filing with the SEC. The fund owned 1,658,833 shares of the business services provider's stock after selling 174,369 shares during the period. Vanguard Group Inc. owned about 6.59% of Cimpress worth $75,029,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Janus Henderson Group PLC lifted its stake in shares of Cimpress by 6.8% during the 4th quarter. Janus Henderson Group PLC now owns 3,041,361 shares of the business services provider's stock worth $218,126,000 after acquiring an additional 194,034 shares during the last quarter. Diamond Hill Capital Management Inc. lifted its stake in shares of Cimpress by 55.6% during the 1st quarter. Diamond Hill Capital Management Inc. now owns 921,661 shares of the business services provider's stock worth $41,687,000 after acquiring an additional 329,466 shares during the last quarter. ArrowMark Colorado Holdings LLC lifted its stake in shares of Cimpress by 30.0% during the 4th quarter. ArrowMark Colorado Holdings LLC now owns 884,076 shares of the business services provider's stock worth $63,406,000 after acquiring an additional 203,806 shares during the last quarter. Nuveen Asset Management LLC raised its position in Cimpress by 3.5% during the 4th quarter. Nuveen Asset Management LLC now owns 703,955 shares of the business services provider's stock valued at $50,488,000 after purchasing an additional 24,040 shares in the last quarter. Finally, Northern Trust Corp raised its position in Cimpress by 6.8% during the 4th quarter. Northern Trust Corp now owns 171,880 shares of the business services provider's stock valued at $12,327,000 after purchasing an additional 10,876 shares in the last quarter. 77.64% of the stock is owned by institutional investors.

Cimpress Stock Performance

CMPR stock traded down $0.23 on Thursday, hitting $62.71. 60,495 shares of the company's stock were exchanged, compared to its average volume of 237,149. Cimpress plc has a 12-month low of $35.21 and a 12-month high of $102.22. The firm has a 50 day moving average price of $51.60 and a two-hundred day moving average price of $47.13. The stock has a market cap of $1.54 billion, a P/E ratio of 122.95 and a beta of 1.70.

Cimpress (NASDAQ:CMPR - Get Free Report) last announced its earnings results on Tuesday, July 29th. The business services provider reported ($1.02) earnings per share 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 analysts' expectations of $844.24 million. Cimpress has set its FY 2026 guidance at EPS. Sell-side analysts expect that Cimpress plc will post 3.69 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Wall Street Zen lowered Cimpress from a "buy" rating to a "hold" rating in a research report on Sunday, August 10th. Barrington Research lifted their target price on Cimpress from $65.00 to $70.00 and gave the company an "outperform" rating in a research report on Monday, August 4th. Finally, Truist Financial set a $74.00 target price on Cimpress and gave the company a "buy" rating in a research report on Wednesday, July 30th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Cimpress presently has a consensus rating of "Buy" and a consensus target price of $72.00.

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.