Cimpress (NASDAQ:CMPR) was upgraded by investment analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a research note issued to investors on Saturday.
A number of other equities research analysts have also recently weighed in on the company. Barrington Research set a $165.00 price target on Cimpress and gave the company a “buy” rating in a report on Wednesday, September 26th. ValuEngine raised Cimpress from a “hold” rating to a “buy” rating in a report on Friday, August 3rd. Zacks Investment Research raised Cimpress from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 24th. Finally, SunTrust Banks reissued a “hold” rating and issued a $155.00 target price on shares of Cimpress in a research note on Thursday, August 2nd. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. Cimpress presently has an average rating of “Hold” and an average target price of $142.75.
CMPR stock opened at $119.54 on Friday. Cimpress has a fifty-two week low of $104.07 and a fifty-two week high of $171.76. The firm has a market cap of $3.67 billion, a P/E ratio of 140.64, a price-to-earnings-growth ratio of 1.84 and a beta of -0.19. The company has a quick ratio of 0.37, a current ratio of 0.50 and a debt-to-equity ratio of 9.26.
In other news, insider Sean Edward Quinn sold 777 shares of Cimpress stock in a transaction on Friday, August 31st. The stock was sold at an average price of $139.40, for a total value of $108,313.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Cornelis David Arends bought 400 shares of the stock in a transaction dated Monday, August 6th. The stock was purchased at an average cost of $144.30 per share, with a total value of $57,720.00. The disclosure for this purchase can be found here. 18.80% of the stock is currently owned by company insiders.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Verition Fund Management LLC acquired a new stake in shares of Cimpress in the 1st quarter valued at $284,000. WINTON GROUP Ltd acquired a new stake in shares of Cimpress in the 1st quarter valued at $418,000. UBS Group AG increased its stake in shares of Cimpress by 102.9% in the 1st quarter. UBS Group AG now owns 2,719 shares of the business services provider’s stock valued at $421,000 after buying an additional 95,255 shares during the period. First Republic Investment Management Inc. increased its stake in shares of Cimpress by 20.6% in the 2nd quarter. First Republic Investment Management Inc. now owns 3,409 shares of the business services provider’s stock valued at $494,000 after buying an additional 582 shares during the period. Finally, LMR Partners LLP acquired a new stake in shares of Cimpress in the 2nd quarter valued at $584,000. 87.59% of the stock is owned by institutional investors.
Cimpress N.V. provides various mass customization services in the United States, Germany, and internationally. The company delivers various volumes of individually small-sized customized orders for a range of print, signage, photo merchandise, invitation and announcement, packaging, apparel, and other categories primarily through the Internet.
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