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

Several other hedge funds and other institutional investors have also made changes to their positions in CMPR. Blueshift Asset Management LLC purchased a new stake in Cimpress during the first quarter worth approximately $822,000. Wolverine Asset Management LLC purchased a new stake in Cimpress during the first quarter worth approximately $1,037,000. GAMMA Investing LLC lifted its stake in Cimpress by 13,468.8% during the first quarter. GAMMA Investing LLC now owns 14,790 shares of the business services provider's stock worth $669,000 after purchasing an additional 14,681 shares during the last quarter. Northern Trust Corp lifted its stake in Cimpress by 6.8% during the fourth quarter. Northern Trust Corp now owns 171,880 shares of the business services provider's stock worth $12,327,000 after purchasing an additional 10,876 shares during the last quarter. Finally, SG Americas Securities LLC lifted its stake in Cimpress by 87.4% during the first quarter. SG Americas Securities LLC now owns 14,705 shares of the business services provider's stock worth $665,000 after purchasing an additional 6,858 shares during the last quarter. Hedge funds and other institutional investors own 77.64% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Barrington Research boosted their target price on Cimpress from $65.00 to $70.00 and gave the stock an "outperform" rating in a research note on Monday, August 4th. Wall Street Zen cut Cimpress from a "buy" rating to a "hold" rating in a research note on Sunday, August 10th. Finally, Truist Financial set a $74.00 target price on Cimpress and gave the stock a "buy" rating in a research note on Wednesday, July 30th. Two analysts have rated the stock with a Buy rating, According to MarketBeat, Cimpress presently has an average rating of "Buy" and a consensus target price of $72.00.

Cimpress Stock Up 1.0%

CMPR traded up $0.65 during trading on Friday, hitting $63.12. 151,642 shares of the stock were exchanged, compared to its average volume of 221,557. The firm has a market capitalization of $1.55 billion, a P/E ratio of 123.77 and a beta of 1.70. Cimpress plc has a 1-year low of $35.21 and a 1-year high of $102.22. The stock has a fifty day moving average price of $52.40 and a two-hundred day moving average price of $47.19.

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 (EPS) for the quarter, missing analysts' consensus estimates of $0.97 by ($1.99). The company had revenue of $869.48 million during the quarter, compared to analyst estimates of $844.24 million. Cimpress had a net margin of 0.44% and a negative return on equity of 2.64%. Cimpress has set its FY 2026 guidance at EPS. Analysts predict that Cimpress plc will post 3.69 EPS for the current 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.