Auxano Advisors LLC Buys Shares of 13,310 Cimpress plc (NASDAQ:CMPR)

Auxano Advisors LLC bought a new stake in Cimpress plc (NASDAQ:CMPR) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 13,310 shares of the business services provider’s stock, valued at approximately $1,065,000.

Several other large investors also recently bought and sold shares of the company. Russell Investments Group Ltd. lifted its position in shares of Cimpress by 27.5% in the fourth quarter. Russell Investments Group Ltd. now owns 15,327 shares of the business services provider’s stock valued at $1,252,000 after acquiring an additional 3,305 shares in the last quarter. VELA Investment Management LLC purchased a new stake in shares of Cimpress in the fourth quarter valued at $239,000. SG Americas Securities LLC lifted its position in shares of Cimpress by 673.6% in the fourth quarter. SG Americas Securities LLC now owns 31,796 shares of the business services provider’s stock valued at $2,545,000 after acquiring an additional 27,686 shares in the last quarter. Contravisory Investment Management Inc. purchased a new stake in shares of Cimpress in the fourth quarter valued at $185,000. Finally, Vanguard Group Inc. lifted its position in shares of Cimpress by 0.4% in the third quarter. Vanguard Group Inc. now owns 1,630,573 shares of the business services provider’s stock valued at $114,156,000 after acquiring an additional 6,048 shares in the last quarter. Institutional investors and hedge funds own 77.64% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Cimpress Trading Down 4.5 %

NASDAQ CMPR traded down $4.05 during mid-day trading on Tuesday, reaching $85.27. 143,787 shares of the company’s stock traded hands, compared to its average volume of 155,716. Cimpress plc has a 1-year low of $42.84 and a 1-year high of $100.01. The company has a fifty day simple moving average of $91.42 and a 200-day simple moving average of $80.07. The company has a market cap of $2.27 billion, a price-to-earnings ratio of 56.49, a P/E/G ratio of 1.17 and a beta of 1.97.

Cimpress (NASDAQ:CMPR) last posted its quarterly earnings results on Wednesday, January 31st. The business services provider reported $2.14 EPS for the quarter, beating the consensus estimate of $1.24 by $0.90. The firm had revenue of $921.36 million during the quarter, compared to analysts’ expectations of $901.13 million. Cimpress had a negative return on equity of 10.76% and a net margin of 1.31%. Equities research analysts forecast that Cimpress plc will post 3.16 earnings per share for the current fiscal year.

Insider Buying and Selling at Cimpress

In other Cimpress news, CEO Florian Baumgartner sold 4,432 shares of the company’s stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $92.24, for a total value of $408,807.68. Following the completion of the transaction, the chief executive officer now owns 29,804 shares of the company’s stock, valued at approximately $2,749,120.96. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other news, CEO Florian Baumgartner sold 4,432 shares of the stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $92.24, for a total value of $408,807.68. Following the completion of the transaction, the chief executive officer now directly owns 29,804 shares of the company’s stock, valued at approximately $2,749,120.96. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Maarten Wensveen sold 1,651 shares of the stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $90.00, for a total value of $148,590.00. Following the sale, the executive vice president now owns 10,779 shares in the company, valued at $970,110. The disclosure for this sale can be found here. Insiders sold a total of 28,841 shares of company stock valued at $2,656,348 in the last quarter. Corporate insiders own 17.90% 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.