Vanguard Group Inc. Buys 87,792 Shares of Cimpress NV (CMPR)
Vanguard Group Inc. lifted its stake in Cimpress NV (NASDAQ:CMPR) by 4.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,999,725 shares of the business services provider’s stock after acquiring an additional 87,792 shares during the quarter. Vanguard Group Inc. owned approximately 6.47% of Cimpress worth $273,182,000 as of its most recent SEC filing.
Several other large investors also recently added to or reduced their stakes in CMPR. Tower Research Capital LLC TRC increased its position in shares of Cimpress by 320.9% in the third quarter. Tower Research Capital LLC TRC now owns 888 shares of the business services provider’s stock valued at $122,000 after acquiring an additional 677 shares during the last quarter. Stone Ridge Asset Management LLC acquired a new position in Cimpress during the third quarter worth approximately $227,000. Capital Fund Management S.A. acquired a new position in Cimpress during the third quarter worth approximately $260,000. Rehmann Capital Advisory Group increased its position in Cimpress by 13,371.7% during the third quarter. Rehmann Capital Advisory Group now owns 48,633 shares of the business services provider’s stock worth $356,000 after buying an additional 48,272 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new position in Cimpress during the third quarter worth approximately $376,000. 86.44% of the stock is currently owned by institutional investors and hedge funds.
Cimpress stock opened at $117.86 on Wednesday. Cimpress NV has a 12 month low of $99.16 and a 12 month high of $171.76. The company has a debt-to-equity ratio of 11.31, a quick ratio of 0.39 and a current ratio of 0.55. The company has a market capitalization of $3.53 billion, a PE ratio of 138.66, a PEG ratio of 1.43 and a beta of 0.28.
A number of equities analysts have weighed in on the company. Barrington Research set a $135.00 price target on Cimpress and gave the stock a “buy” rating in a research report on Monday, November 5th. BidaskClub downgraded Cimpress from a “hold” rating to a “sell” rating in a research report on Friday, October 5th. Finally, Zacks Investment Research downgraded Cimpress from a “hold” rating to a “strong sell” rating in a research report on Monday, November 12th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $134.67.
In related news, Director John J. Gavin, Jr. sold 14,763 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the director now directly owns 3,175 shares in the company, valued at $342,296.75. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Cornelis David Arends purchased 400 shares of the business’s stock in a transaction that occurred on Wednesday, November 21st. The stock was bought at an average price of $114.41 per share, with a total value of $45,764.00. The disclosure for this purchase can be found here. Over the last quarter, insiders purchased 800 shares of company stock valued at $91,134. 18.40% of the stock is currently owned by corporate insiders.
TRADEMARK VIOLATION NOTICE: This article was first published by Watch List News and is owned by of Watch List News. If you are reading this article on another website, it was stolen and reposted in violation of United States & international copyright legislation. The correct version of this article can be read at https://www.watchlistnews.com/vanguard-group-inc-buys-87792-shares-of-cimpress-nv-cmpr/2749453.html.
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.
Further Reading: What is cost of equity?
Want to see what other hedge funds are holding CMPR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cimpress NV (NASDAQ:CMPR).
Receive News & Ratings for Cimpress Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cimpress and related companies with MarketBeat.com's FREE daily email newsletter.