Florian Baumgartner Sells 3,410 Shares of Cimpress plc (NASDAQ:CMPR) Stock

Cimpress plc (NASDAQ:CMPR) CEO Florian Baumgartner sold 3,410 shares of the firm’s stock in a transaction that occurred on Wednesday, May 1st. The stock was sold at an average price of $84.83, for a total transaction of $289,270.30. Following the completion of the transaction, the chief executive officer now directly owns 29,804 shares in the company, valued at $2,528,273.32. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Florian Baumgartner also recently made the following trade(s):

• On Monday, April 15th, Florian Baumgartner sold 4,432 shares of Cimpress stock. The stock was sold at an average price of $92.24, for a total value of $408,807.68.
• On Monday, April 8th, Florian Baumgartner sold 4,433 shares of Cimpress stock. The shares were sold at an average price of $97.88, for a total value of $433,902.04.
• On Monday, April 1st, Florian Baumgartner sold 5,683 shares of Cimpress stock. The stock was sold at an average price of $89.97, for a total value of $511,299.51.
• On Thursday, March 21st, Florian Baumgartner sold 5,683 shares of Cimpress stock. The shares were sold at an average price of $92.81, for a total transaction of $527,439.23.

Cimpress Trading Up 0.6 %

NASDAQ CMPR opened at $83.09 on Friday. The stock has a market cap of $2.21 billion, a PE ratio of 25.65, a P/E/G ratio of 1.09 and a beta of 1.94. Cimpress plc has a twelve month low of $42.84 and a twelve month high of $100.01. The stock has a fifty day simple moving average of $91.13 and a 200-day simple moving average of $80.26.

Cimpress (NASDAQ:CMPR) last announced its earnings results on Wednesday, May 1st. The business services provider reported ($0.15) earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.29). The company had revenue of $780.59 million for the quarter, compared to analysts’ expectations of $782.65 million. Cimpress had a negative return on equity of 14.67% and a net margin of 2.69%. During the same period last year, the business earned ($0.97) EPS. Research analysts predict that Cimpress plc will post 3.16 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have commented on CMPR. Barrington Research lifted their target price on shares of Cimpress from $100.00 to $113.00 and gave the stock an “outperform” rating in a research note on Monday, February 5th. 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.

Institutional Trading of Cimpress

Several institutional investors have recently added to or reduced their stakes in the stock. DekaBank Deutsche Girozentrale acquired a new position in Cimpress during the third quarter worth $88,000. Contravisory Investment Management Inc. acquired a new stake in shares of Cimpress in the fourth quarter valued at $185,000. Principal Financial Group Inc. purchased a new stake in shares of Cimpress in the 1st quarter valued at $200,000. Crestwood Advisors Group LLC acquired a new position in Cimpress during the 3rd quarter worth about $210,000. Finally, Olympiad Research LP purchased a new position in Cimpress during the 4th quarter valued at about $212,000. Institutional investors and hedge funds own 77.64% 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.