BlackRock Inc. lowered its stake in shares of Cimpress NV (NASDAQ:CMPR) by 9.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,204,675 shares of the business services provider’s stock after selling 118,844 shares during the quarter. BlackRock Inc. owned about 3.92% of Cimpress worth $174,630,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Schwab Charles Investment Management Inc. increased its position in shares of Cimpress by 12.0% during the second quarter. Schwab Charles Investment Management Inc. now owns 83,107 shares of the business services provider’s stock valued at $12,048,000 after buying an additional 8,899 shares during the period. SG Americas Securities LLC increased its position in shares of Cimpress by 113.4% during the second quarter. SG Americas Securities LLC now owns 5,962 shares of the business services provider’s stock valued at $864,000 after buying an additional 3,168 shares during the period. Sei Investments Co. increased its position in shares of Cimpress by 14.4% during the second quarter. Sei Investments Co. now owns 15,908 shares of the business services provider’s stock valued at $2,305,000 after buying an additional 2,004 shares during the period. LMR Partners LLP purchased a new position in shares of Cimpress during the second quarter valued at about $584,000. Finally, CIBC Private Wealth Group LLC increased its position in shares of Cimpress by 11.9% during the second quarter. CIBC Private Wealth Group LLC now owns 35,304 shares of the business services provider’s stock valued at $5,118,000 after buying an additional 3,743 shares during the period. Institutional investors own 87.61% of the company’s stock.

In other Cimpress news, EVP Cornelis David Arends acquired 400 shares of the company’s stock in a transaction that occurred on Monday, August 6th. The shares were acquired at an average price of $144.30 per share, with a total value of $57,720.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Sean Edward Quinn sold 777 shares of the business’s stock in a transaction dated Friday, August 31st. The stock was sold at an average price of $139.40, for a total transaction of $108,313.80. The disclosure for this sale can be found here. Insiders own 18.80% of the company’s stock.

NASDAQ:CMPR opened at $143.14 on Thursday. Cimpress NV has a one year low of $95.65 and a one year high of $171.76. The company has a debt-to-equity ratio of 9.26, a quick ratio of 0.37 and a current ratio of 0.50. The stock has a market cap of $4.34 billion, a P/E ratio of 168.40, a price-to-earnings-growth ratio of 2.18 and a beta of -0.18.

Cimpress (NASDAQ:CMPR) last posted its quarterly earnings data on Wednesday, August 1st. The business services provider reported $0.21 EPS for the quarter, topping the consensus estimate of $0.03 by $0.18. Cimpress had a net margin of 1.69% and a return on equity of 27.10%. The business had revenue of $631.13 million for the quarter, compared to analyst estimates of $635.71 million. research analysts anticipate that Cimpress NV will post 3.23 EPS for the current fiscal year.

Several equities analysts recently issued reports on CMPR shares. BidaskClub upgraded shares of Cimpress from a “hold” rating to a “buy” rating in a research report on Wednesday, June 20th. Barrington Research reiterated a “buy” rating and set a $165.00 price target on shares of Cimpress in a research report on Tuesday, August 14th. ValuEngine upgraded shares of Cimpress from a “hold” rating to a “buy” rating in a research report on Friday, August 3rd. SunTrust Banks reiterated a “hold” rating and set a $155.00 price target on shares of Cimpress in a research report on Thursday, August 2nd. Finally, Zacks Investment Research upgraded shares of Cimpress from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 24th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $142.75.

Cimpress 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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Institutional Ownership by Quarter for Cimpress (NASDAQ:CMPR)

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