Nuveen LLC Makes New $6.66 Million Investment in Cimpress plc $CMPR

Key Points

• Nuveen LLC has acquired a new stake in Cimpress plc, purchasing 147,291 shares valued at approximately $6.66 million, which constitutes 0.59% of the company's total shares.
• Several analysts have updated their price targets for Cimpress, with Truist Financial setting a target of $74.00 and Barrington Research increasing theirs to $70.00, while Wall Street Zen downgraded the stock to a "hold" rating.
• Cimpress reported a loss of $1.02 EPS for the last quarter, missing analysts' expectations while achieving a revenue of $869.48 million, surpassing estimates of $844.24 million.

Nuveen LLC purchased a new stake in shares of Cimpress plc (NASDAQ:CMPR - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 147,291 shares of the business services provider's stock, valued at approximately $6,662,000. Nuveen LLC owned approximately 0.59% of Cimpress at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Connor Clark & Lunn Investment Management Ltd. raised its position in Cimpress by 6.3% during the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 145,361 shares of the business services provider's stock valued at $6,575,000 after acquiring an additional 8,637 shares in the last quarter. Wolverine Asset Management LLC purchased a new position in Cimpress during the first quarter valued at approximately $1,037,000. Headlands Technologies LLC purchased a new position in Cimpress during the first quarter valued at approximately $34,000. PNC Financial Services Group Inc. boosted its position in Cimpress by 15.8% during the first quarter. PNC Financial Services Group Inc. now owns 5,795 shares of the business services provider's stock worth $262,000 after purchasing an additional 789 shares in the last quarter. Finally, Blueshift Asset Management LLC purchased a new position in Cimpress during the first quarter worth approximately $822,000. 77.64% of the stock is currently owned by hedge funds and other institutional investors.

Cimpress Stock Down 0.7%

CMPR traded down $0.46 during trading on Thursday, reaching $62.47. The company's stock had a trading volume of 140,908 shares, compared to its average volume of 237,662. The firm has a fifty day simple moving average of $51.60 and a two-hundred day simple moving average of $47.13. Cimpress plc has a 1 year low of $35.21 and a 1 year high of $102.22. The company has a market cap of $1.53 billion, a price-to-earnings ratio of 122.49 and a beta of 1.70.

Cimpress (NASDAQ:CMPR - Get Free Report) last released its earnings results on Tuesday, July 29th. The business services provider reported ($1.02) earnings per share for the quarter, missing analysts' consensus estimates of $0.97 by ($1.99). Cimpress had a negative return on equity of 2.64% and a net margin of 0.44%.The business had revenue of $869.48 million during the quarter, compared to analysts' expectations of $844.24 million. Cimpress has set its FY 2026 guidance at EPS. As a group, equities analysts forecast that Cimpress plc will post 3.69 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on CMPR shares. Truist Financial set a $74.00 price target on Cimpress and gave the stock a "buy" rating in a research report on Wednesday, July 30th. Wall Street Zen downgraded Cimpress from a "buy" rating to a "hold" rating in a research report on Sunday, August 10th. Finally, Barrington Research increased their price target on Cimpress from $65.00 to $70.00 and gave the stock an "outperform" rating in a research report on Monday, August 4th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of $72.00.

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.