SG Americas Securities LLC Has $665,000 Position in Cimpress plc (NASDAQ:CMPR)

SG Americas Securities LLC boosted its holdings in shares of Cimpress plc (NASDAQ:CMPR - Free Report) by 87.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund 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 about 0.06% of Cimpress worth $665,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of CMPR. Janus Henderson Group PLC raised its holdings in shares of 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 buying an additional 194,034 shares in the last quarter. Vanguard Group Inc. grew its position in Cimpress by 0.8% in 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 acquiring an additional 13,988 shares during the last quarter. ArrowMark Colorado Holdings LLC raised its stake 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 worth $63,406,000 after acquiring an additional 203,806 shares in the last quarter. Nuveen Asset Management LLC raised its stake 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 worth $50,488,000 after acquiring an additional 24,040 shares in the last quarter. Finally, Diamond Hill Capital Management Inc. lifted its holdings in shares of Cimpress by 31.5% in the fourth 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 during the last quarter. Institutional investors and hedge funds own 77.64% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on CMPR. Truist Financial decreased their price target on shares of Cimpress from $87.00 to $60.00 and set a "buy" rating on the stock in a report on Monday, May 5th. Barrington Research decreased their target price on shares of Cimpress from $95.00 to $65.00 and set an "outperform" rating on the stock in a research note on Friday, May 9th. Finally, Wall Street Zen downgraded shares of Cimpress from a "strong-buy" rating to a "buy" rating in a report on Monday, May 5th.

Cimpress Stock Up 1.4%

Shares of CMPR stock traded up $0.65 during mid-day trading on Wednesday, reaching $46.61. 294,710 shares of the stock traded hands, compared to its average volume of 184,535. The stock's fifty day simple moving average is $43.36 and its two-hundred day simple moving average is $53.31. 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 $1.16 billion, a price-to-earnings ratio of 7.95 and a beta of 1.76.

Cimpress (NASDAQ:CMPR - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The business services provider reported ($0.33) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.61 by ($0.94). Cimpress had a net margin of 4.61% and a negative return on equity of 27.85%. The firm had revenue of $789.47 million during the quarter, compared to analyst estimates of $798.02 million. On average, equities research analysts anticipate 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.