D. E. Shaw & Co. Inc. Sells 8,250 Shares of Cimpress plc (NASDAQ:CMPR)

D. E. Shaw & Co. Inc. reduced its position in shares of Cimpress plc (NASDAQ:CMPR - Free Report) by 17.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 40,072 shares of the business services provider's stock after selling 8,250 shares during the period. D. E. Shaw & Co. Inc. owned 0.16% of Cimpress worth $2,874,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in CMPR. Vestcor Inc bought a new position in shares of Cimpress during the fourth quarter valued at about $144,000. Ameriprise Financial Inc. bought a new position in shares of Cimpress during the fourth quarter valued at about $228,000. Prudential Financial Inc. lifted its position in shares of Cimpress by 36.4% during the fourth quarter. Prudential Financial Inc. now owns 3,707 shares of the business services provider's stock valued at $266,000 after purchasing an additional 990 shares in the last quarter. KLP Kapitalforvaltning AS bought a new position in shares of Cimpress during the fourth quarter valued at about $287,000. Finally, Grantham Mayo Van Otterloo & Co. LLC increased its holdings in Cimpress by 9.0% during 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 buying an additional 341 shares during the last quarter. 77.64% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts recently issued reports on CMPR shares. Barrington Research decreased their price objective on shares of Cimpress from $95.00 to $65.00 and set an "outperform" rating for the company in a report on Friday, May 9th. StockNews.com downgraded shares of Cimpress from a "strong-buy" rating to a "buy" rating in a report on Monday, May 5th. Finally, Truist Financial decreased their price objective on shares of Cimpress from $87.00 to $60.00 and set a "buy" rating for the company in a report on Monday, May 5th.

Insider Transactions at Cimpress

In other news, CFO Sean Edward Quinn acquired 5,000 shares of Cimpress stock in a transaction that occurred on Friday, March 14th. The stock was bought at an average price of $41.50 per share, with a total value of $207,500.00. Following the completion of the purchase, the chief financial officer now owns 20,224 shares in the company, valued at approximately $839,296. The trade was a 32.84% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 17.80% of the company's stock.

Cimpress Stock Performance

NASDAQ CMPR opened at $45.02 on Tuesday. The company has a market capitalization of $1.12 billion, a PE ratio of 7.45, a price-to-earnings-growth ratio of 0.50 and a beta of 1.82. The company has a 50-day simple moving average of $43.11 and a 200 day simple moving average of $59.62. Cimpress plc has a 52-week low of $35.21 and a 52-week high of $104.92.

Cimpress (NASDAQ:CMPR - Get Free Report) last posted its earnings results 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 business had revenue of $789.47 million during the quarter, compared to analysts' expectations of $798.02 million. Cimpress had a negative return on equity of 27.64% and a net margin of 4.75%. As a group, analysts forecast that Cimpress plc will post 3.69 EPS for the current fiscal year.

Cimpress Company 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.

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