NumerixS Investment Technologies Inc raised its stake in shares of Cimpress NV (NASDAQ:CMPR) by 700.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 800 shares of the business services provider’s stock after acquiring an additional 700 shares during the quarter. NumerixS Investment Technologies Inc’s holdings in Cimpress were worth $85,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors also recently modified their holdings of the business. Citigroup Inc. raised its stake in shares of Cimpress by 891.7% during the 4th quarter. Citigroup Inc. now owns 5,819 shares of the business services provider’s stock worth $602,000 after purchasing an additional 6,554 shares in the last quarter. Parametrica Management Ltd bought a new stake in shares of Cimpress during the 4th quarter worth approximately $424,000. O Shaughnessy Asset Management LLC bought a new stake in shares of Cimpress during the 4th quarter worth approximately $333,000. Paradigm Financial Partners LLC bought a new stake in shares of Cimpress during the 4th quarter worth approximately $205,000. Finally, AlphaCrest Capital Management LLC bought a new stake in shares of Cimpress during the 4th quarter worth approximately $207,000. 86.66% of the stock is owned by institutional investors.
In related news, Director John J. Gavin, Jr. sold 14,763 shares of the stock in a transaction on Tuesday, December 18th. The stock was sold at an average price of $107.81, for a total value of $1,591,599.03. Following the sale, the director now owns 3,175 shares in the company, valued at approximately $342,296.75. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Sean Edward Quinn purchased 1,350 shares of the company’s stock in a transaction that occurred on Monday, March 11th. The stock was acquired at an average price of $76.07 per share, for a total transaction of $102,694.50. The disclosure for this purchase can be found here. 18.40% of the stock is currently owned by corporate insiders.
Cimpress (NASDAQ:CMPR) last announced its quarterly earnings data on Wednesday, January 30th. The business services provider reported $2.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.38 by ($0.21). Cimpress had a return on equity of 58.85% and a net margin of 1.67%. The company had revenue of $825.57 million for the quarter, compared to the consensus estimate of $854.97 million. During the same quarter in the prior year, the company earned $0.93 EPS. The company’s revenue for the quarter was up 8.3% on a year-over-year basis. As a group, equities analysts expect that Cimpress NV will post 3.29 earnings per share for the current fiscal year.
CMPR has been the topic of a number of analyst reports. BidaskClub upgraded Cimpress from a “hold” rating to a “buy” rating in a research note on Tuesday, November 20th. Zacks Investment Research cut Cimpress from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 2nd. Barrington Research reiterated a “buy” rating and set a $135.00 price objective on shares of Cimpress in a research note on Tuesday, January 29th. SunTrust Banks cut Cimpress from a “hold” rating to a “sell” rating in a research note on Thursday, January 31st. Finally, ValuEngine cut Cimpress from a “hold” rating to a “sell” rating in a research note on Thursday, January 31st. Four research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has assigned a buy rating to the company’s stock. Cimpress presently has a consensus rating of “Hold” and an average target price of $121.99.
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Cimpress Company Profile
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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