Cimpress (NASDAQ:CMPR – Free Report) had its price target raised by Truist Financial from $90.00 to $110.00 in a research report released on Friday, Benzinga reports. They currently have a buy rating on the business services provider’s stock.
Other analysts also recently issued research reports about the company. StockNews.com upgraded Cimpress from a buy rating to a strong-buy rating in a research report on Thursday, October 26th. Barrington Research boosted their target price on Cimpress from $91.00 to $100.00 and gave the stock an outperform rating in a research report on Wednesday, January 3rd.
Cimpress Trading Down 0.2 %
Insider Transactions at Cimpress
In other news, CFO Sean Edward Quinn sold 6,959 shares of the company’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $90.00, for a total transaction of $626,310.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other news, CFO Sean Edward Quinn sold 6,959 shares of the firm’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $90.00, for a total value of $626,310.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Maarten Wensveen sold 13,727 shares of the firm’s stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of $66.14, for a total value of $907,903.78. Following the completion of the transaction, the executive vice president now directly owns 8,767 shares in the company, valued at approximately $579,849.38. The disclosure for this sale can be found here. Over the last three months, insiders have sold 21,873 shares of company stock valued at $1,619,820. Insiders own 17.90% of the company’s stock.
Hedge Funds Weigh In On Cimpress
Several institutional investors have recently added to or reduced their stakes in the company. Advisor Group Holdings Inc. lifted its stake in shares of Cimpress by 85.1% during the 4th quarter. Advisor Group Holdings Inc. now owns 1,616 shares of the business services provider’s stock worth $44,000 after acquiring an additional 743 shares during the last quarter. Tower Research Capital LLC TRC raised its position in Cimpress by 239.7% during the 3rd quarter. Tower Research Capital LLC TRC now owns 2,687 shares of the business services provider’s stock valued at $66,000 after purchasing an additional 1,896 shares in the last quarter. PNC Financial Services Group Inc. raised its position in Cimpress by 12.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,161 shares of the business services provider’s stock valued at $87,000 after purchasing an additional 346 shares in the last quarter. DekaBank Deutsche Girozentrale bought a new stake in Cimpress during the 3rd quarter valued at $88,000. Finally, Ameritas Investment Partners Inc. raised its position in Cimpress by 10.2% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,926 shares of the business services provider’s stock valued at $115,000 after purchasing an additional 179 shares in the last quarter. Hedge funds and other institutional investors own 76.41% of the company’s stock.
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.
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