Tower Research Capital LLC TRC Increases Stock Position in Cimpress plc (NASDAQ:CMPR)

Tower Research Capital LLC TRC boosted its stake in shares of Cimpress plc (NASDAQ:CMPR - Free Report) by 552.1% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,072 shares of the business services provider's stock after acquiring an additional 9,374 shares during the period. Tower Research Capital LLC TRC's holdings in Cimpress were worth $794,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Barclays PLC lifted its stake in shares of Cimpress by 70.3% in the 3rd quarter. Barclays PLC now owns 63,825 shares of the business services provider's stock valued at $5,229,000 after purchasing an additional 26,342 shares during the last quarter. Optimist Retirement Group LLC lifted its position in Cimpress by 15.1% in the third quarter. Optimist Retirement Group LLC now owns 2,685 shares of the business services provider's stock worth $220,000 after buying an additional 352 shares during the last quarter. Franklin Resources Inc. boosted its stake in Cimpress by 1.3% during the third quarter. Franklin Resources Inc. now owns 30,833 shares of the business services provider's stock worth $2,524,000 after buying an additional 400 shares during the period. JPMorgan Chase & Co. increased its position in Cimpress by 1.0% during the third quarter. JPMorgan Chase & Co. now owns 21,937 shares of the business services provider's stock valued at $1,797,000 after acquiring an additional 215 shares during the last quarter. Finally, Diversified Trust Co raised its stake in shares of Cimpress by 11.3% in the fourth quarter. Diversified Trust Co now owns 5,389 shares of the business services provider's stock valued at $386,000 after acquiring an additional 549 shares during the period. 77.64% of the stock is currently owned by institutional investors.

Cimpress Stock Performance

Shares of Cimpress stock traded up $1.10 on Friday, hitting $40.33. The company's stock had a trading volume of 74,319 shares, compared to its average volume of 222,005. Cimpress plc has a 1 year low of $35.21 and a 1 year high of $104.92. The firm has a fifty day moving average price of $43.77 and a 200-day moving average price of $62.62. The company has a market capitalization of $1.01 billion, a price-to-earnings ratio of 6.67, a price-to-earnings-growth ratio of 0.50 and a beta of 1.94.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on CMPR shares. Truist Financial reduced their price target on Cimpress from $110.00 to $87.00 and set a "buy" rating on the stock in a report on Friday, January 31st. Barrington Research reaffirmed an "outperform" rating and set a $119.00 price objective on shares of Cimpress in a research report on Wednesday, January 29th. Finally, StockNews.com raised shares of Cimpress from a "buy" rating to a "strong-buy" rating in a report on Saturday, February 8th.

Insider Transactions at Cimpress

In related news, CFO Sean Edward Quinn bought 5,000 shares of the company's stock in a transaction that occurred on Friday, March 14th. The stock was purchased at an average price of $41.50 per share, for a total transaction of $207,500.00. Following the acquisition, the chief financial officer now owns 20,224 shares of the company's stock, valued at approximately $839,296. This trade represents a 32.84 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 17.80% of the company's stock.

Cimpress 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.