Fmr LLC Has $224.09 Million Stake in Cimpress N.V (CMPR)
Fmr LLC boosted its position in Cimpress N.V (NASDAQ:CMPR) by 12.8% during the first quarter, Holdings Channel reports. The institutional investor owned 2,600,000 shares of the business services provider’s stock after buying an additional 295,000 shares during the period. Fmr LLC owned about 8.35% of Cimpress N.V worth $224,094,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. Penserra Capital Management LLC increased its position in shares of Cimpress N.V by 76.8% in the first quarter. Penserra Capital Management LLC now owns 1,536 shares of the business services provider’s stock worth $132,000 after buying an additional 667 shares in the last quarter. Ameritas Investment Partners Inc. purchased a new position in shares of Cimpress N.V during the first quarter worth $187,000. Principal Financial Group Inc. increased its position in shares of Cimpress N.V by 1.3% in the first quarter. Principal Financial Group Inc. now owns 3,588 shares of the business services provider’s stock worth $309,000 after buying an additional 46 shares in the last quarter. Folger Hill Asset Management LP purchased a new position in shares of Cimpress N.V during the fourth quarter worth $366,000. Finally, Brown Advisory Inc. increased its position in shares of Cimpress N.V by 2.0% in the fourth quarter. Brown Advisory Inc. now owns 5,410 shares of the business services provider’s stock worth $496,000 after buying an additional 108 shares in the last quarter. 99.43% of the stock is owned by institutional investors and hedge funds.
Shares of Cimpress N.V (CMPR) traded down 1.68% during trading on Friday, reaching $91.49. 219,965 shares of the company were exchanged. The stock’s market capitalization is $2.85 billion. Cimpress N.V has a one year low of $78.80 and a one year high of $104.18. The stock has a 50-day moving average price of $88.10 and a 200-day moving average price of $87.62.
Cimpress N.V (NASDAQ:CMPR) last announced its quarterly earnings results on Wednesday, April 26th. The business services provider reported ($1.38) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.58 by $1.96. Cimpress N.V had a negative net margin of 0.98% and a negative return on equity of 16.12%. The firm had revenue of $550.59 million for the quarter, compared to analysts’ expectations of $533.58 million. During the same period in the previous year, the company earned ($1.06) EPS. The company’s quarterly revenue was up 26.0% on a year-over-year basis. Analysts forecast that Cimpress N.V will post ($1.33) EPS for the current year.
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A number of brokerages recently weighed in on CMPR. Cantor Fitzgerald reissued a “hold” rating and set a $88.00 target price on shares of Cimpress N.V in a research note on Thursday, April 27th. Jefferies Group LLC reissued a “hold” rating and set a $84.00 target price on shares of Cimpress N.V in a research note on Thursday, April 27th. Finally, Zacks Investment Research downgraded shares of Cimpress N.V from a “hold” rating to a “strong sell” rating in a research note on Thursday, April 27th. One research analyst has rated the stock with a sell rating and five have given a hold rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $89.00.
In other Cimpress N.V news, insider Katryn Blake sold 723 shares of the company’s stock in a transaction on Friday, June 2nd. The shares were sold at an average price of $90.99, for a total value of $65,785.77. Following the completion of the transaction, the insider now directly owns 13,531 shares in the company, valued at approximately $1,231,185.69. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 11.50% of the stock is currently owned by corporate insiders.
About Cimpress N.V
Cimpress N.V., formerly Vistaprint N.V., is a technology driven company, which aggregates through the Internet, large volumes of small, individually customized orders for a spectrum of print, signage, apparel and similar products. The Company operates through segments, which include Vistaprint business unit, Upload and Print business units and All Other business units.
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