Mayfair Advisory Group LLC Purchases New Shares in Cimpress plc (NASDAQ:CMPR)

Mayfair Advisory Group LLC acquired a new position in shares of Cimpress plc (NASDAQ:CMPR) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,841 shares of the business services provider’s stock, valued at approximately $204,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio bought a new stake in shares of Cimpress during the third quarter valued at approximately $29,000. CWM LLC boosted its position in Cimpress by 51.4% in the 3rd quarter. CWM LLC now owns 1,258 shares of the business services provider’s stock valued at $103,000 after buying an additional 427 shares during the last quarter. Quarry LP bought a new stake in shares of Cimpress during the third quarter worth $111,000. Point72 Asset Management L.P. acquired a new position in shares of Cimpress during the third quarter valued at $115,000. Finally, Meeder Asset Management Inc. acquired a new stake in Cimpress in the third quarter worth about $130,000. Institutional investors and hedge funds own 77.64% of the company’s stock.

Cimpress Trading Up 0.0 %

NASDAQ:CMPR opened at $71.41 on Wednesday. Cimpress plc has a 1-year low of $58.05 and a 1-year high of $104.92. The firm has a market capitalization of $1.80 billion, a price-to-earnings ratio of 12.27, a PEG ratio of 0.68 and a beta of 2.09. The business’s 50-day moving average price is $77.18 and its two-hundred day moving average price is $82.81.

Cimpress (NASDAQ:CMPR) last announced its quarterly earnings results on Wednesday, October 30th. The business services provider reported ($0.50) EPS for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.80). Cimpress had a net margin of 4.69% and a negative return on equity of 27.15%. The company had revenue of $804.97 million during the quarter, compared to the consensus estimate of $800.51 million. During the same period last year, the company earned $0.17 earnings per share. Sell-side analysts predict that Cimpress plc will post 4.27 earnings per share for the current year.

Analyst Upgrades and Downgrades

CMPR has been the topic of a number of research reports. Barrington Research restated an “outperform” rating and set a $119.00 target price on shares of Cimpress in a research report on Friday, December 20th. Truist Financial cut their price objective on shares of Cimpress from $120.00 to $110.00 and set a “buy” rating on the stock in a report on Friday, November 1st. Finally, StockNews.com cut shares of Cimpress from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 9th.

Cimpress Company 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.