Trexquant Investment LP Purchases 8,420 Shares of Cimpress plc $CMPR

Key Points

• Trexquant Investment LP has increased its stake in Cimpress plc by 14.5%, holding a total of 66,502 shares worth approximately $3.01 million as of the latest SEC filing.
• Several institutional investors have also significantly increased their holdings in Cimpress, with Signaturefd LLC boosting its position by 341.6% during the same period.
• Analyst reports indicate a mixed outlook for Cimpress, with price targets ranging from $65.00 to $74.00, while the stock currently holds an average rating of "Buy."

Trexquant Investment LP raised its stake in shares of Cimpress plc (NASDAQ:CMPR - Free Report) by 14.5% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 66,502 shares of the business services provider's stock after acquiring an additional 8,420 shares during the quarter. Trexquant Investment LP owned approximately 0.27% of Cimpress worth $3,008,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Cimpress by 2.8% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,710 shares of the business services provider's stock valued at $696,000 after acquiring an additional 267 shares during the period. Signaturefd LLC grew its position in Cimpress by 341.6% during the 1st quarter. Signaturefd LLC now owns 605 shares of the business services provider's stock worth $27,000 after acquiring an additional 468 shares during the last quarter. Summit Securities Group LLC bought a new stake in Cimpress during the 1st quarter worth approximately $32,000. Headlands Technologies LLC bought a new stake in Cimpress during the 1st quarter worth approximately $34,000. Finally, PNC Financial Services Group Inc. grew its position in Cimpress by 15.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 5,795 shares of the business services provider's stock worth $262,000 after acquiring an additional 789 shares during the last quarter. 77.64% of the stock is owned by institutional investors.

Cimpress Trading Up 3.5%

Shares of NASDAQ:CMPR traded up $2.15 during mid-day trading on Friday, reaching $62.81. The stock had a trading volume of 204,498 shares, compared to its average volume of 193,831. The firm has a market cap of $1.54 billion, a PE ratio of 123.16 and a beta of 1.79. The firm has a 50 day simple moving average of $54.00 and a two-hundred day simple moving average of $47.55. Cimpress plc has a twelve month low of $35.21 and a twelve month high of $97.61.

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). Cimpress had a negative return on equity of 2.64% and a net margin of 0.44%.The firm had revenue of $869.48 million for the quarter, compared to the consensus estimate of $844.24 million. Cimpress has set its FY 2026 guidance at EPS. On average, equities analysts anticipate that Cimpress plc will post 3.69 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. 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 shares of Cimpress from a "buy" rating to a "hold" rating in a research report on Sunday, August 10th. Finally, Barrington Research upped their price target on shares of 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 stock presently has an average rating of "Buy" and an average target price of $72.00.

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.