52,500 Shares in Cimpress plc (NASDAQ:CMPR) Purchased by Hussman Strategic Advisors Inc.

Hussman Strategic Advisors Inc. purchased a new position in shares of Cimpress plc (NASDAQ:CMPR - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 52,500 shares of the business services provider's stock, valued at approximately $2,375,000. Hussman Strategic Advisors Inc. owned approximately 0.21% of Cimpress at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Victory Capital Management Inc. raised its position in shares of Cimpress by 27.9% in the fourth quarter. Victory Capital Management Inc. now owns 4,188 shares of the business services provider's stock valued at $300,000 after purchasing an additional 914 shares during the period. PNC Financial Services Group Inc. raised its position in shares of Cimpress by 24.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 5,006 shares of the business services provider's stock valued at $359,000 after purchasing an additional 995 shares during the period. Intech Investment Management LLC raised its position in shares of Cimpress by 82.0% in the fourth quarter. Intech Investment Management LLC now owns 10,597 shares of the business services provider's stock valued at $760,000 after purchasing an additional 4,774 shares during the period. American Century Companies Inc. boosted its holdings in shares of Cimpress by 20.5% during the fourth quarter. American Century Companies Inc. now owns 6,382 shares of the business services provider's stock worth $458,000 after acquiring an additional 1,086 shares during the period. Finally, Sei Investments Co. boosted its holdings in shares of Cimpress by 8.5% during the fourth quarter. Sei Investments Co. now owns 65,235 shares of the business services provider's stock worth $4,679,000 after acquiring an additional 5,095 shares during the period. 77.64% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

CMPR has been the subject of a number of research analyst reports. Truist Financial reduced 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. Barrington Research reduced their price objective on Cimpress from $95.00 to $65.00 and set an "outperform" rating for the company in a report on Friday, May 9th. 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

NASDAQ:CMPR traded up $0.41 during mid-day trading on Monday, reaching $45.06. 16,812 shares of the company's stock were exchanged, compared to its average volume of 197,670. Cimpress plc has a one year low of $35.21 and a one year high of $104.92. The firm has a market capitalization of $1.12 billion, a PE ratio of 7.67 and a beta of 1.77. The business's fifty day simple moving average is $45.31 and its two-hundred day simple moving average is $49.50.

Cimpress (NASDAQ:CMPR - Get Free Report) last released its quarterly 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). Cimpress had a negative return on equity of 27.85% and a net margin of 4.61%. The business had revenue of $789.47 million for the quarter, compared to the consensus estimate of $798.02 million. As a group, equities research analysts forecast that Cimpress plc will post 3.69 EPS 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.