Pallas Capital Advisors LLC Boosts Stock Holdings in Cimpress plc $CMPR

Key Points

• Pallas Capital Advisors LLC increased its stake in Cimpress plc by 39.9%, acquiring an additional 7,032 shares during the 2nd quarter, now owning a total of 24,676 shares valued at approximately $1.16 million.
• Analysts have varied opinions on Cimpress, with Barrington Research raising its target price from $65.00 to $70.00, while Wall Street Zen downgraded the stock from a "buy" to a "hold" rating.
• Cimpress reported earnings per share of ($1.02) for the last quarter, missing expectations, but its revenue of $869.48 million exceeded analysts' forecasts of $844.24 million.

Pallas Capital Advisors LLC increased its position in shares of Cimpress plc (NASDAQ:CMPR - Free Report) by 39.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 24,676 shares of the business services provider's stock after buying an additional 7,032 shares during the quarter. Pallas Capital Advisors LLC owned about 0.10% of Cimpress worth $1,160,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Signaturefd LLC raised its position in shares of Cimpress by 341.6% during the first quarter. Signaturefd LLC now owns 605 shares of the business services provider's stock worth $27,000 after purchasing an additional 468 shares during the period. Summit Securities Group LLC bought a new stake in Cimpress during the 1st quarter valued at $32,000. Headlands Technologies LLC acquired a new position in Cimpress during the first quarter worth $34,000. Cerity Partners LLC bought a new position in shares of Cimpress in the first quarter valued at $214,000. Finally, Mayfair Advisory Group LLC grew its holdings in shares of Cimpress by 70.3% during the first quarter. Mayfair Advisory Group LLC now owns 4,839 shares of the business services provider's stock valued at $219,000 after buying an additional 1,998 shares during the last quarter. Institutional investors and hedge funds own 77.64% of the company's stock.

Cimpress Trading Up 1.3%

Shares of CMPR stock traded up $0.82 during trading on Monday, hitting $63.13. The company's stock had a trading volume of 257,068 shares, compared to its average volume of 225,218. The company has a market cap of $1.55 billion, a PE ratio of 123.79 and a beta of 1.79. The business has a fifty day moving average of $56.87 and a 200-day moving average of $48.61. Cimpress plc has a 52 week low of $35.21 and a 52 week high of $86.37.

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

Analyst Upgrades and Downgrades

CMPR has been the topic of several recent research reports. Truist Financial raised their price target on shares of Cimpress from $74.00 to $78.00 and gave the company a "buy" rating in a research report on Wednesday, September 17th. Barrington Research raised their target price on Cimpress from $65.00 to $70.00 and gave the company an "outperform" rating in a report on Monday, August 4th. Finally, Wall Street Zen downgraded Cimpress from a "buy" rating to a "hold" rating in a report on Sunday, August 10th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of "Buy" and an average target price of $74.00.

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.