Prescott General Partners LLC Trims Stock Position in Cimpress plc (NASDAQ:CMPR)

Prescott General Partners LLC trimmed its position in Cimpress plc (NASDAQ:CMPR - Free Report) by 7.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,612,560 shares of the business services provider's stock after selling 293,932 shares during the period. Cimpress comprises 19.1% of Prescott General Partners LLC's portfolio, making the stock its 2nd biggest holding. Prescott General Partners LLC owned about 14.36% of Cimpress worth $259,093,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Janus Henderson Group PLC boosted its position in Cimpress by 6.8% in the fourth quarter. Janus Henderson Group PLC now owns 3,041,361 shares of the business services provider's stock worth $218,126,000 after purchasing an additional 194,034 shares during the last quarter. Vanguard Group Inc. boosted 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 worth $131,477,000 after purchasing an additional 13,988 shares during the last quarter. ArrowMark Colorado Holdings LLC boosted its position in Cimpress by 30.0% in the fourth quarter. ArrowMark Colorado Holdings LLC now owns 884,076 shares of the business services provider's stock worth $63,406,000 after purchasing an additional 203,806 shares during the last quarter. Nuveen Asset Management LLC boosted its position in Cimpress by 3.5% in the fourth quarter. Nuveen Asset Management LLC now owns 703,955 shares of the business services provider's stock worth $50,488,000 after purchasing an additional 24,040 shares during the last quarter. Finally, Diamond Hill Capital Management Inc. boosted its position in 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 purchasing an additional 141,942 shares during the last quarter. 77.64% of the stock is owned by hedge funds and other institutional investors.

Cimpress Price Performance

Shares of CMPR stock traded down $0.02 during trading hours on Friday, reaching $44.90. 177,978 shares of the company traded hands, compared to its average volume of 173,863. Cimpress plc has a 12-month low of $35.21 and a 12-month high of $104.92. The company has a market cap of $1.12 billion, a P/E ratio of 7.43, a P/E/G ratio of 0.50 and a beta of 1.82. The firm has a 50-day moving average price of $43.09 and a 200 day moving average price of $59.86.

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

Insider Buying and Selling

In other Cimpress news, CFO Sean Edward Quinn purchased 5,000 shares of the stock in a transaction that occurred 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 acquisition, the chief financial officer now owns 20,224 shares in the company, valued at approximately $839,296. This trade represents a 32.84% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 17.80% of the stock is owned by insiders.

Analyst Ratings Changes

Several research analysts have issued reports on CMPR shares. Barrington Research dropped their target price on Cimpress from $95.00 to $65.00 and set an "outperform" rating on the stock in a research report on Friday, May 9th. StockNews.com cut Cimpress from a "strong-buy" rating to a "buy" rating in a research report on Monday, May 5th. Finally, Truist Financial lowered their price objective on Cimpress from $87.00 to $60.00 and set a "buy" rating on the stock in a research report on Monday, May 5th.

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.