Two Sigma Securities LLC Makes New Investment in Cimpress plc (NASDAQ:CMPR)

Two Sigma Securities LLC acquired a new stake in Cimpress plc (NASDAQ:CMPR - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 7,681 shares of the business services provider's stock, valued at approximately $551,000.

A number of other hedge funds have also recently made changes to their positions in CMPR. Voya Investment Management LLC lifted its holdings in Cimpress by 13.0% in the 4th quarter. Voya Investment Management LLC now owns 9,380 shares of the business services provider's stock worth $673,000 after purchasing an additional 1,080 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in shares of Cimpress by 8.1% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 13,649 shares of the business services provider's stock worth $979,000 after buying an additional 1,022 shares in the last quarter. Hsbc Holdings PLC boosted its position in shares of Cimpress by 11.3% during the fourth quarter. Hsbc Holdings PLC now owns 9,806 shares of the business services provider's stock worth $703,000 after acquiring an additional 996 shares during the last quarter. Stifel Financial Corp boosted its position in shares of Cimpress by 7.4% during the fourth quarter. Stifel Financial Corp now owns 38,301 shares of the business services provider's stock worth $2,747,000 after acquiring an additional 2,641 shares during the last quarter. Finally, Tower Research Capital LLC TRC grew its stake in Cimpress by 552.1% during the fourth quarter. Tower Research Capital LLC TRC now owns 11,072 shares of the business services provider's stock valued at $794,000 after acquiring an additional 9,374 shares in the last quarter. Institutional investors own 77.64% of the company's stock.

Analysts Set New Price Targets

Several research firms have commented on CMPR. Truist Financial dropped their price objective on shares of Cimpress from $110.00 to $87.00 and set a "buy" rating for the company in a report on Friday, January 31st. StockNews.com upgraded Cimpress from a "buy" rating to a "strong-buy" rating in a research report on Saturday, February 8th. Finally, Barrington Research restated an "outperform" rating and set a $119.00 price objective on shares of Cimpress in a research report on Wednesday, January 29th.

Insider Activity

In other Cimpress news, CFO Sean Edward Quinn acquired 5,000 shares of the company's stock in a transaction that occurred on Friday, March 14th. The stock was bought 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 directly owns 20,224 shares in the company, valued at $839,296. The trade was a 32.84 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 17.80% of the company's stock.

Cimpress Stock Performance

NASDAQ CMPR traded down $2.72 on Thursday, hitting $39.30. 274,526 shares of the stock were exchanged, compared to its average volume of 172,007. Cimpress plc has a 52-week low of $35.33 and a 52-week high of $104.92. The firm has a market capitalization of $988.55 million, a P/E ratio of 6.48, a P/E/G ratio of 0.50 and a beta of 1.94. The stock has a fifty day moving average price of $44.03 and a two-hundred day moving average price of $62.91.

Cimpress (NASDAQ:CMPR - Get Free Report) last issued its quarterly earnings results 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 for the quarter, compared to the consensus estimate of $798.02 million. Sell-side analysts expect that Cimpress plc will post 3.69 earnings per share for the current fiscal year.

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.