Cimpress plc (NASDAQ:CMPR) Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC boosted its position in shares of Cimpress plc (NASDAQ:CMPR - Free Report) by 87.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,705 shares of the business services provider's stock after purchasing an additional 6,858 shares during the period. SG Americas Securities LLC owned approximately 0.06% of Cimpress worth $665,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Janus Henderson Group PLC grew its holdings in Cimpress by 6.8% during the 4th quarter. Janus Henderson Group PLC now owns 3,041,361 shares of the business services provider's stock worth $218,126,000 after acquiring an additional 194,034 shares in the last quarter. Vanguard Group Inc. grew its holdings in Cimpress by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 1,833,202 shares of the business services provider's stock worth $131,477,000 after acquiring an additional 13,988 shares in the last quarter. ArrowMark Colorado Holdings LLC grew its holdings in Cimpress by 30.0% during the 4th quarter. ArrowMark Colorado Holdings LLC now owns 884,076 shares of the business services provider's stock worth $63,406,000 after acquiring an additional 203,806 shares in the last quarter. Nuveen Asset Management LLC grew its holdings in Cimpress by 3.5% during the 4th quarter. Nuveen Asset Management LLC now owns 703,955 shares of the business services provider's stock worth $50,488,000 after acquiring an additional 24,040 shares in the last quarter. Finally, Diamond Hill Capital Management Inc. grew its holdings in Cimpress by 31.5% during the 4th quarter. Diamond Hill Capital Management Inc. now owns 592,195 shares of the business services provider's stock worth $42,472,000 after acquiring an additional 141,942 shares in the last quarter. 77.64% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Cimpress Stock Performance

Shares of Cimpress stock traded up $0.29 during trading hours on Friday, reaching $42.91. The company's stock had a trading volume of 415,480 shares, compared to its average volume of 182,756. The company's 50 day simple moving average is $43.30 and its 200 day simple moving average is $53.62. Cimpress plc has a one year low of $35.21 and a one year high of $104.92. The stock has a market cap of $1.07 billion, a P/E ratio of 7.32 and a beta of 1.76.

Cimpress (NASDAQ:CMPR - Get Free Report) last posted its quarterly 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 negative return on equity of 27.85% and a net margin of 4.61%. The business had revenue of $789.47 million during the quarter, compared to the consensus estimate of $798.02 million. On average, sell-side analysts predict that Cimpress plc will post 3.69 earnings per share for the current fiscal 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.