Squarepoint Ops LLC Has $1.51 Million Stock Holdings in Cimpress plc (NASDAQ:CMPR)

Squarepoint Ops LLC increased its position in shares of Cimpress plc (NASDAQ:CMPR - Free Report) by 74.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 21,040 shares of the business services provider's stock after buying an additional 9,012 shares during the quarter. Squarepoint Ops LLC owned 0.08% of Cimpress worth $1,509,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of CMPR. Barclays PLC grew its stake in Cimpress by 70.3% in the third quarter. Barclays PLC now owns 63,825 shares of the business services provider's stock valued at $5,229,000 after purchasing an additional 26,342 shares in the last quarter. SG Americas Securities LLC grew its stake in Cimpress by 118.8% in the fourth quarter. SG Americas Securities LLC now owns 7,847 shares of the business services provider's stock valued at $563,000 after purchasing an additional 4,261 shares in the last quarter. Rhumbline Advisers grew its stake in Cimpress by 0.9% in the fourth quarter. Rhumbline Advisers now owns 25,381 shares of the business services provider's stock valued at $1,820,000 after purchasing an additional 232 shares in the last quarter. New York State Common Retirement Fund grew its stake in Cimpress by 203.5% in the fourth quarter. New York State Common Retirement Fund now owns 17,152 shares of the business services provider's stock valued at $1,230,000 after purchasing an additional 11,500 shares in the last quarter. Finally, Handelsbanken Fonder AB boosted its stake in shares of Cimpress by 6.4% during the 4th quarter. Handelsbanken Fonder AB now owns 6,696 shares of the business services provider's stock worth $480,000 after acquiring an additional 400 shares during the period. 77.64% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Cimpress

In related news, CFO Sean Edward Quinn purchased 5,000 shares of Cimpress stock in a transaction on Friday, March 14th. The shares were purchased at an average price of $41.50 per share, for a total transaction of $207,500.00. Following the transaction, the chief financial officer now owns 20,224 shares of the company's stock, valued at approximately $839,296. This represents a 32.84% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 17.80% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on CMPR. Barrington Research dropped their price target on Cimpress from $95.00 to $65.00 and set an "outperform" rating for the company in a report on Friday, May 9th. Truist Financial dropped their price objective on Cimpress from $87.00 to $60.00 and set a "buy" rating for the company in a report on Monday, May 5th. Finally, Wall Street Zen cut Cimpress from a "strong-buy" rating to a "buy" rating in a report on Monday, May 5th.

Cimpress Stock Performance

Shares of Cimpress stock traded up $0.85 during trading on Tuesday, reaching $44.55. 238,812 shares of the company's stock were exchanged, compared to its average volume of 177,233. Cimpress plc has a 1-year low of $35.21 and a 1-year high of $104.92. The company has a market cap of $1.11 billion, a P/E ratio of 7.38, a PEG ratio of 0.50 and a beta of 1.82. The firm's 50-day moving average price is $43.08 and its 200 day moving average price is $57.03.

Cimpress (NASDAQ:CMPR - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The business services provider reported ($0.33) earnings per share for the quarter, missing analysts' consensus estimates of $0.61 by ($0.94). Cimpress had a negative return on equity of 27.64% and a net margin of 4.75%. The firm had revenue of $789.47 million for the quarter, compared to the consensus estimate of $798.02 million. As a group, equities research analysts predict that Cimpress plc will post 3.69 EPS for the current 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.