Cimpress plc (NASDAQ:CMPR) Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC lowered its position in Cimpress plc (NASDAQ:CMPR) by 0.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,692,219 shares of the business services provider’s stock after selling 10,230 shares during the quarter. Janus Henderson Group PLC owned 10.58% of Cimpress worth $238,287,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Bayesian Capital Management LP acquired a new position in Cimpress in the 1st quarter worth $341,000. Price T Rowe Associates Inc. MD lifted its holdings in Cimpress by 5.7% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 12,039 shares of the business services provider’s stock worth $1,066,000 after buying an additional 648 shares in the last quarter. Lazard Asset Management LLC lifted its holdings in Cimpress by 9,821.4% in the 1st quarter. Lazard Asset Management LLC now owns 156,361 shares of the business services provider’s stock worth $13,838,000 after buying an additional 154,785 shares in the last quarter. Seven Eight Capital LP acquired a new position in Cimpress in the 1st quarter worth $263,000. Finally, Hillsdale Investment Management Inc. lifted its holdings in Cimpress by 8.7% in the 1st quarter. Hillsdale Investment Management Inc. now owns 47,863 shares of the business services provider’s stock worth $4,236,000 after buying an additional 3,841 shares in the last quarter. Institutional investors and hedge funds own 77.64% of the company’s stock.

Cimpress Stock Up 1.6 %

Shares of CMPR traded up $1.43 during midday trading on Tuesday, hitting $91.27. The company had a trading volume of 187,286 shares, compared to its average volume of 148,619. The company’s 50 day moving average price is $87.06 and its 200 day moving average price is $87.30. The stock has a market cap of $2.32 billion, a price-to-earnings ratio of 27.73, a PEG ratio of 0.79 and a beta of 2.00. Cimpress plc has a 52 week low of $57.01 and a 52 week high of $100.01.

Cimpress (NASDAQ:CMPR) last released 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). Cimpress had a negative return on equity of 14.44% and a net margin of 2.69%. The company had revenue of $780.59 million during the quarter, compared to the consensus estimate of $782.65 million. During the same period in the previous year, the firm posted ($0.97) EPS. Equities analysts anticipate that Cimpress plc will post 2.92 EPS for the current fiscal year.

Insider Activity at Cimpress

In related news, CEO Florian Baumgartner sold 3,410 shares of the business’s stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $85.18, for a total transaction of $290,463.80. Following the completion of the sale, the chief executive officer now owns 29,804 shares of the company’s stock, valued at approximately $2,538,704.72. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders sold a total of 18,924 shares of company stock valued at $1,584,807 in the last quarter. Insiders own 17.90% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on CMPR. Barrington Research reiterated an “outperform” rating and issued a $113.00 price objective on shares of Cimpress in a report on Tuesday, May 28th. StockNews.com downgraded shares of Cimpress from a “strong-buy” rating to a “buy” rating in a research report on Monday, May 6th.

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.