Hussman Strategic Advisors Inc. Takes Position in Cimpress plc (NASDAQ:CMPR)

Hussman Strategic Advisors Inc. purchased a new stake in shares of Cimpress plc (NASDAQ:CMPR - Free Report) during the first quarter, according to the company in its most recent 13F filing with the 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.

A number of other hedge funds have also bought and sold shares of CMPR. Janus Henderson Group PLC boosted its holdings in 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 buying an additional 194,034 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Cimpress by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 1,833,202 shares of the business services provider's stock valued at $131,477,000 after purchasing an additional 13,988 shares in the last quarter. ArrowMark Colorado Holdings LLC lifted its holdings in Cimpress by 30.0% during the fourth quarter. ArrowMark Colorado Holdings LLC now owns 884,076 shares of the business services provider's stock valued at $63,406,000 after purchasing an additional 203,806 shares in the last quarter. Nuveen Asset Management LLC lifted its holdings in Cimpress by 3.5% during the fourth quarter. Nuveen Asset Management LLC now owns 703,955 shares of the business services provider's stock valued at $50,488,000 after purchasing an additional 24,040 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its stake in shares of Cimpress by 1.3% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 236,941 shares of the business services provider's stock worth $16,993,000 after buying an additional 2,988 shares in the last quarter. Institutional investors and hedge funds own 77.64% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently commented on CMPR. Barrington Research lowered their price objective on shares of Cimpress from $95.00 to $65.00 and set an "outperform" rating for the company in a research note on Friday, May 9th. Truist Financial lowered their price objective on shares of Cimpress from $87.00 to $60.00 and set a "buy" rating for the company in a research note on Monday, May 5th. Finally, Wall Street Zen downgraded shares of Cimpress from a "strong-buy" rating to a "buy" rating in a research note on Monday, May 5th.

Cimpress Trading Up 1.4%

NASDAQ:CMPR traded up $0.62 during trading hours on Friday, hitting $44.65. The stock had a trading volume of 165,857 shares, compared to its average volume of 198,390. 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 PE ratio of 7.62 and a beta of 1.77. The business has a 50 day simple moving average of $45.31 and a two-hundred day simple moving average of $49.64.

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 (EPS) for the quarter, missing analysts' consensus estimates of $0.61 by ($0.94). Cimpress had a net margin of 4.61% and a negative return on equity of 27.85%. The company had revenue of $789.47 million during the quarter, compared to the consensus estimate of $798.02 million. Research analysts expect 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.