Janus Henderson Group PLC Boosts Stake in Cimpress plc (NASDAQ:CMPR)

Janus Henderson Group PLC lifted its position in Cimpress plc (NASDAQ:CMPR - Free Report) by 6.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,041,361 shares of the business services provider's stock after acquiring an additional 194,034 shares during the period. Janus Henderson Group PLC owned 12.09% of Cimpress worth $218,126,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Vestcor Inc bought a new position in shares of Cimpress in the 4th quarter worth approximately $144,000. Mayfair Advisory Group LLC bought a new position in shares of Cimpress in the 4th quarter worth approximately $204,000. Ethic Inc. bought a new position in shares of Cimpress in the 4th quarter worth approximately $214,000. Ameriprise Financial Inc. bought a new position in shares of Cimpress in the 4th quarter worth approximately $228,000. Finally, Pallas Capital Advisors LLC bought a new position in shares of Cimpress in the 4th quarter worth approximately $263,000. Institutional investors own 77.64% of the company's stock.

Cimpress Trading Up 0.2%

NASDAQ CMPR traded up $0.08 on Friday, hitting $45.00. 117,153 shares of the company traded hands, compared to its average volume of 174,298. The company has a market capitalization of $1.12 billion, a price-to-earnings ratio of 7.45, a P/E/G ratio of 0.50 and a beta of 1.82. The business's 50 day moving average price is $43.08 and its 200-day moving average price is $60.19. Cimpress plc has a 52-week low of $35.21 and a 52-week high of $104.92.

Cimpress (NASDAQ:CMPR - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The business services provider reported ($0.33) EPS for the quarter, missing analysts' consensus estimates of $0.61 by ($0.94). The business had revenue of $789.47 million for the quarter, compared to the consensus estimate of $798.02 million. Cimpress had a net margin of 4.75% and a negative return on equity of 27.64%. As a group, sell-side analysts predict that Cimpress plc will post 3.69 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on CMPR shares. Truist Financial reduced their price objective on Cimpress from $87.00 to $60.00 and set a "buy" rating for the company in a research report on Monday, May 5th. StockNews.com lowered Cimpress from a "strong-buy" rating to a "buy" rating in a research report on Monday, May 5th. Finally, Barrington Research reduced their price objective on Cimpress from $95.00 to $65.00 and set an "outperform" rating for the company in a research report on Friday, May 9th.

Insider Transactions at Cimpress

In related news, CFO Sean Edward Quinn acquired 5,000 shares of Cimpress stock in a transaction on Friday, March 14th. The shares were bought at an average cost of $41.50 per share, with a total value of $207,500.00. Following the completion of the purchase, the chief financial officer now directly owns 20,224 shares of the company's stock, valued at $839,296. The trade was a 32.84% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 17.80% of the company's stock.

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.