Hantz Financial Services Inc. Acquires 785 Shares of Cimpress plc (NASDAQ:CMPR)

Hantz Financial Services Inc. lifted its holdings in Cimpress plc (NASDAQ:CMPR) by 0.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 145,703 shares of the business services provider’s stock after buying an additional 785 shares during the quarter. Hantz Financial Services Inc.’s holdings in Cimpress were worth $11,936,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. CWM LLC increased its position in Cimpress by 166.3% in the second quarter. CWM LLC now owns 831 shares of the business services provider’s stock worth $73,000 after purchasing an additional 519 shares during the period. Meeder Asset Management Inc. acquired a new stake in Cimpress in the third quarter worth about $130,000. Legacy Capital Group California Inc. acquired a new stake in Cimpress in the second quarter worth about $202,000. Optimist Retirement Group LLC acquired a new stake in Cimpress in the second quarter worth about $204,000. Finally, Victory Capital Management Inc. acquired a new stake in Cimpress in the second quarter worth about $250,000. 77.64% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Truist Financial decreased their target price on Cimpress from $120.00 to $110.00 and set a “buy” rating for the company in a research report on Friday, November 1st. Barrington Research boosted their target price on Cimpress from $113.00 to $119.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 27th. Finally, StockNews.com lowered Cimpress from a “strong-buy” rating to a “buy” rating in a research report on Friday, November 8th.

Cimpress Trading Down 0.8 %

Cimpress stock opened at $80.46 on Friday. The firm has a market capitalization of $2.02 billion, a P/E ratio of 13.82, a PEG ratio of 0.70 and a beta of 2.05. Cimpress plc has a 1 year low of $58.05 and a 1 year high of $104.92. The business has a 50-day moving average of $79.56 and a 200-day moving average of $84.84.

Cimpress (NASDAQ:CMPR) last issued its quarterly earnings data on Wednesday, October 30th. The business services provider reported ($0.50) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.80). Cimpress had a net margin of 4.69% and a negative return on equity of 27.15%. The business had revenue of $804.97 million during the quarter, compared to analyst estimates of $800.51 million. During the same quarter in the prior year, the firm posted $0.17 earnings per share. Research analysts anticipate that Cimpress plc will post 4.27 EPS for the current fiscal year.

Insider Activity at Cimpress

In related news, CEO Robert S. Keane sold 396 shares of the business’s stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $97.55, for a total value of $38,629.80. Following the completion of the transaction, the chief executive officer now directly owns 986,785 shares in the company, valued at approximately $96,260,876.75. The trade was a 0.04 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 17.80% of the stock is owned by insiders.

Cimpress 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.