GAMMA Investing LLC Has $669,000 Position in Cimpress plc (NASDAQ:CMPR)

GAMMA Investing LLC lifted its holdings in shares of Cimpress plc (NASDAQ:CMPR - Free Report) by 13,468.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,790 shares of the business services provider's stock after buying an additional 14,681 shares during the quarter. GAMMA Investing LLC owned about 0.06% of Cimpress worth $669,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of CMPR. Hillsdale Investment Management Inc. boosted its stake in Cimpress by 0.5% during the 4th quarter. Hillsdale Investment Management Inc. now owns 43,500 shares of the business services provider's stock worth $3,120,000 after acquiring an additional 200 shares during the last quarter. Rhumbline Advisers lifted its position in shares of Cimpress by 0.9% in the fourth quarter. Rhumbline Advisers now owns 25,381 shares of the business services provider's stock worth $1,820,000 after purchasing an additional 232 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Cimpress by 2.8% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,710 shares of the business services provider's stock worth $696,000 after purchasing an additional 267 shares in the last quarter. Grantham Mayo Van Otterloo & Co. LLC lifted its position 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 worth $295,000 after purchasing an additional 341 shares in the last quarter. Finally, Handelsbanken Fonder AB lifted its position in shares of Cimpress by 6.4% in the fourth quarter. Handelsbanken Fonder AB now owns 6,696 shares of the business services provider's stock worth $480,000 after purchasing an additional 400 shares in the last quarter. Institutional investors and hedge funds own 77.64% of the company's stock.

Analysts Set New Price Targets

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

Cimpress Price Performance

CMPR traded up $0.29 on Friday, hitting $42.91. 415,480 shares of the stock were exchanged, compared to its average volume of 182,756. Cimpress plc has a 12 month low of $35.21 and a 12 month high of $104.92. The business has a 50-day moving average of $43.30 and a two-hundred day moving average of $53.62. The firm has a market capitalization of $1.07 billion, a price-to-earnings ratio of 7.32 and a beta of 1.76.

Cimpress (NASDAQ:CMPR - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The business services provider reported ($0.33) earnings per share for the quarter, missing the consensus estimate of $0.61 by ($0.94). The firm had revenue of $789.47 million for the quarter, compared to the consensus estimate of $798.02 million. Cimpress had a negative return on equity of 27.85% and a net margin of 4.61%. Equities research analysts expect 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.