VIRGINIA RETIREMENT SYSTEMS ET Al Makes New $879,000 Investment in Cimpress plc $CMPR

Key Points

• Virginia Retirement Systems invested approximately $879,000 in Cimpress plc, acquiring 18,712 shares in the second quarter, which accounts for 0.08% of the company's stock.
• Analysts show mixed sentiments towards Cimpress' stock, with ratings ranging from "buy" to "sell," resulting in an average rating of Moderate Buy and a target price of $77.50.
• Cimpress reported a loss of $1.02 per share in its last quarterly earnings, significantly below analysts' expectations, even as revenue exceeded forecasts at $869.48 million.

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in Cimpress plc (NASDAQ:CMPR - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 18,712 shares of the business services provider's stock, valued at approximately $879,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned 0.08% of Cimpress at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Signaturefd LLC lifted its holdings in shares of Cimpress by 341.6% in the first quarter. Signaturefd LLC now owns 605 shares of the business services provider's stock worth $27,000 after buying an additional 468 shares in the last quarter. Summit Securities Group LLC purchased a new position in shares of Cimpress in the first quarter worth $32,000. Headlands Technologies LLC purchased a new position in shares of Cimpress in the first quarter worth $34,000. Cerity Partners LLC purchased a new position in shares of Cimpress in the first quarter worth $214,000. Finally, CWM LLC lifted its holdings in shares of Cimpress by 835.5% in the first quarter. CWM LLC now owns 5,323 shares of the business services provider's stock worth $241,000 after buying an additional 4,754 shares in the last quarter. 77.64% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Wall Street Zen downgraded shares of Cimpress from a "buy" rating to a "hold" rating in a report on Saturday, October 4th. Truist Financial boosted their target price on shares of Cimpress from $74.00 to $78.00 and gave the stock a "buy" rating in a report on Wednesday, September 17th. Barrington Research boosted their target price on shares of Cimpress from $70.00 to $77.00 and gave the stock an "outperform" rating in a report on Wednesday, October 1st. Weiss Ratings reissued a "sell (d)" rating on shares of Cimpress in a report on Wednesday, October 8th. Finally, Citigroup reissued an "outperform" rating on shares of Cimpress in a report on Wednesday, October 1st. Three research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $77.50.

Cimpress Stock Up 1.8%

Cimpress stock opened at $66.29 on Friday. The company has a market cap of $1.62 billion, a price-to-earnings ratio of 129.98 and a beta of 1.74. The firm's fifty day moving average is $62.43 and its 200 day moving average is $51.65. Cimpress plc has a 52-week low of $35.21 and a 52-week high of $85.56.

Cimpress (NASDAQ:CMPR - Get Free Report) last released its quarterly 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 business had revenue of $869.48 million for the quarter, compared to analysts' expectations 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. On average, equities research analysts anticipate that Cimpress plc will post 3.69 earnings per share 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.

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