Insider Selling: Cimpress plc (NASDAQ:CMPR) CEO Sells 4,034 Shares of Stock

Cimpress plc (NASDAQ:CMPR) CEO Florian Baumgartner sold 4,034 shares of the stock in a transaction on Monday, July 1st. The stock was sold at an average price of $86.40, for a total value of $348,537.60. Following the transaction, the chief executive officer now directly owns 19,550 shares in the company, valued at approximately $1,689,120. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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

• On Monday, June 17th, Florian Baumgartner sold 4,035 shares of Cimpress stock. The stock was sold at an average price of $81.43, for a total value of $328,570.05.
• On Monday, June 3rd, Florian Baumgartner sold 4,035 shares of Cimpress stock. The stock was sold at an average price of $81.28, for a total value of $327,964.80.
• On Wednesday, May 15th, Florian Baumgartner sold 3,410 shares of Cimpress stock. The stock was sold at an average price of $85.18, for a total value of $290,463.80.
• On Wednesday, May 1st, Florian Baumgartner sold 3,410 shares of Cimpress stock. The stock was sold at an average price of $84.83, for a total value of $289,270.30.
• 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 stock was sold at an average price of $97.88, for a total transaction of $433,902.04.

Cimpress Trading Down 0.8 %

Shares of NASDAQ CMPR traded down $0.67 during midday trading on Tuesday, reaching $86.62. The company’s stock had a trading volume of 29,813 shares, compared to its average volume of 152,197. The stock has a market capitalization of $2.20 billion, a price-to-earnings ratio of 26.94, a PEG ratio of 1.11 and a beta of 2.00. Cimpress plc has a fifty-two week low of $55.37 and a fifty-two week high of $100.01. The stock has a 50 day simple moving average of $85.19 and a 200-day simple moving average of $85.48.

Cimpress (NASDAQ:CMPR) last issued its quarterly earnings data 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). Cimpress had a negative return on equity of 14.44% and a net margin of 2.69%. The business had revenue of $780.59 million during the quarter, compared to analyst estimates of $782.65 million. During the same quarter last year, the firm earned ($0.97) EPS. As a group, equities analysts anticipate that Cimpress plc will post 2.93 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Barrington Research reissued an “outperform” rating and set a $113.00 target price on shares of Cimpress in a report on Tuesday, May 28th. StockNews.com cut shares of Cimpress from a “strong-buy” rating to a “buy” rating in a report on Monday, May 6th.

Institutional Investors Weigh In On Cimpress

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Contravisory Investment Management Inc. acquired a new position in shares of Cimpress during the 4th quarter valued at $185,000. Principal Financial Group Inc. bought a new stake in shares of Cimpress in the 1st quarter worth $200,000. Crestwood Advisors Group LLC bought a new stake in shares of Cimpress in the 3rd quarter worth $210,000. Olympiad Research LP bought a new stake in shares of Cimpress in the 4th quarter worth $212,000. Finally, Advisory Services Network LLC bought a new position in Cimpress during the fourth quarter valued at about $216,000. 77.64% of the stock is owned by institutional investors.

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.