GAMMA Investing LLC Purchases 14,681 Shares of Cimpress plc (NASDAQ:CMPR)

GAMMA Investing LLC lifted its position in shares of Cimpress plc (NASDAQ:CMPR - Free Report) by 13,468.8% in the 1st quarter, according to its most recent Form 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 period. GAMMA Investing LLC owned about 0.06% of Cimpress worth $669,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Janus Henderson Group PLC increased its stake in shares of Cimpress by 6.8% during the fourth quarter. Janus Henderson Group PLC now owns 3,041,361 shares of the business services provider's stock worth $218,126,000 after purchasing an additional 194,034 shares during the period. Vanguard Group Inc. raised its position in Cimpress by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 1,833,202 shares of the business services provider's stock worth $131,477,000 after purchasing an additional 13,988 shares during the last quarter. ArrowMark Colorado Holdings LLC raised its position in shares of Cimpress by 30.0% in 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 in the last quarter. Nuveen Asset Management LLC raised its position in shares of Cimpress by 3.5% in the 4th quarter. Nuveen Asset Management LLC now owns 703,955 shares of the business services provider's stock worth $50,488,000 after acquiring an additional 24,040 shares in the last quarter. Finally, Diamond Hill Capital Management Inc. grew its stake in shares of Cimpress by 31.5% in the 4th quarter. Diamond Hill Capital Management Inc. now owns 592,195 shares of the business services provider's stock valued at $42,472,000 after buying an additional 141,942 shares during the period. 77.64% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Cimpress Stock Up 0.7%

Shares of NASDAQ:CMPR traded up $0.29 during midday trading on Friday, hitting $42.91. 415,480 shares of the stock traded hands, compared to its average volume of 182,735. The stock has a market capitalization of $1.07 billion, a PE ratio of 7.32 and a beta of 1.76. The business's 50 day moving average is $43.32 and its two-hundred day moving average is $54.24. Cimpress plc has a one year low of $35.21 and a one year high of $104.92.

Cimpress (NASDAQ:CMPR - Get Free Report) last released its earnings results on Wednesday, April 30th. The business services provider reported ($0.33) EPS for the quarter, missing analysts' consensus estimates of $0.61 by ($0.94). The firm had revenue of $789.47 million during the quarter, compared to analysts' expectations of $798.02 million. Cimpress had a net margin of 4.61% and a negative return on equity of 27.85%. As a group, sell-side analysts forecast that Cimpress plc will post 3.69 earnings per share 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.