Herold Advisors Inc. Has $1.19 Million Position in Cimpress plc (NASDAQ:CMPR)

Herold Advisors Inc. reduced its stake in Cimpress plc (NASDAQ:CMPR) by 3.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,900 shares of the business services provider’s stock after selling 500 shares during the period. Herold Advisors Inc.’s holdings in Cimpress were worth $1,193,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in CMPR. Capula Management Ltd bought a new position in Cimpress in the 3rd quarter valued at approximately $1,081,000. Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of Cimpress by 17.7% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 66,921 shares of the business services provider’s stock valued at $4,685,000 after acquiring an additional 10,057 shares in the last quarter. Legacy Advisors LLC acquired a new stake in Cimpress in the 3rd quarter valued at $833,000. Allspring Global Investments Holdings LLC grew its position in Cimpress by 26.6% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 103,392 shares of the business services provider’s stock valued at $7,238,000 after purchasing an additional 21,693 shares during the period. Finally, Lazard Asset Management LLC grew its position in Cimpress by 2,607.2% in the 3rd quarter. Lazard Asset Management LLC now owns 59,991 shares of the business services provider’s stock valued at $4,199,000 after purchasing an additional 57,775 shares during the period. 77.64% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CFO Sean Edward Quinn sold 6,959 shares of the business’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $90.00, for a total value of $626,310.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In related news, CFO Sean Edward Quinn sold 6,959 shares of the business’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $90.00, for a total value of $626,310.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Florian Baumgartner sold 5,683 shares of the business’s stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $92.81, for a total transaction of $527,439.23. Following the completion of the transaction, the chief executive officer now directly owns 33,793 shares in the company, valued at $3,136,328.33. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 28,841 shares of company stock valued at $2,656,348. 17.90% of the stock is owned by insiders.

Analysts Set New Price Targets

CMPR has been the subject of several research reports. Truist Financial lifted their price target on shares of Cimpress from $90.00 to $110.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. Barrington Research lifted their price target on shares of Cimpress from $100.00 to $113.00 and gave the company an “outperform” rating in a research report on Monday, February 5th.

Cimpress Price Performance

CMPR opened at $89.08 on Friday. The company has a market capitalization of $2.37 billion, a price-to-earnings ratio of 58.99, a P/E/G ratio of 1.17 and a beta of 1.97. The firm’s fifty day moving average price is $91.41 and its two-hundred day moving average price is $79.76. Cimpress plc has a 1 year low of $42.84 and a 1 year high of $100.01.

Cimpress (NASDAQ:CMPR) last posted its quarterly earnings data on Wednesday, January 31st. The business services provider reported $2.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.24 by $0.90. The firm had revenue of $921.36 million for the quarter, compared to the consensus estimate of $901.13 million. Cimpress had a net margin of 1.31% and a negative return on equity of 10.76%. As a group, equities analysts anticipate that Cimpress plc will post 3.16 EPS for the current 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.