Cimpress (NASDAQ:CMPR) was upgraded by BidaskClub from a “buy” rating to a “strong-buy” rating in a note issued to investors on Wednesday.
Several other brokerages have also issued reports on CMPR. Zacks Investment Research raised Cimpress from a “sell” rating to a “hold” rating in a report on Monday. Aegis lowered Cimpress from a “hold” rating to a “sell” rating and set a $110.00 price objective on the stock. in a report on Friday, January 26th. ValuEngine lowered Cimpress from a “hold” rating to a “sell” rating in a report on Sunday, December 31st. Barrington Research reaffirmed a “buy” rating and set a $125.00 price objective (up previously from $110.00) on shares of Cimpress in a report on Tuesday, November 14th. Finally, SunTrust Banks reaffirmed a “hold” rating and set a $113.00 price objective on shares of Cimpress in a report on Friday, November 3rd. Two analysts have rated the stock with a sell rating, four have given a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. Cimpress currently has a consensus rating of “Hold” and an average target price of $109.50.
Cimpress (CMPR) opened at $150.01 on Wednesday. The company has a market capitalization of $4,760.20, a price-to-earnings ratio of -178.58, a P/E/G ratio of 5.11 and a beta of 0.11. The company has a quick ratio of 0.33, a current ratio of 0.44 and a debt-to-equity ratio of 6.43. Cimpress has a twelve month low of $78.80 and a twelve month high of $167.69.
In other news, EVP Donald Leblanc sold 2,000 shares of the stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $119.00, for a total transaction of $238,000.00. Following the completion of the sale, the executive vice president now owns 23,984 shares in the company, valued at $2,854,096. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Robert S. Keane sold 6,251 shares of the stock in a transaction dated Monday, December 11th. The stock was sold at an average price of $120.13, for a total transaction of $750,932.63. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 116,500 shares of company stock worth $14,768,068. Corporate insiders own 11.80% of the company’s stock.
Institutional investors and hedge funds have recently made changes to their positions in the company. SG Americas Securities LLC acquired a new stake in shares of Cimpress during the third quarter worth about $119,000. Macquarie Group Ltd. acquired a new stake in shares of Cimpress during the third quarter worth about $156,000. Dean Capital Investments Management LLC acquired a new stake in shares of Cimpress during the fourth quarter worth about $224,000. Strs Ohio boosted its stake in shares of Cimpress by 42.9% during the fourth quarter. Strs Ohio now owns 2,000 shares of the business services provider’s stock worth $239,000 after buying an additional 600 shares during the period. Finally, Ameritas Investment Partners Inc. boosted its stake in shares of Cimpress by 20.9% during the second quarter. Ameritas Investment Partners Inc. now owns 2,620 shares of the business services provider’s stock worth $247,000 after buying an additional 453 shares during the period.
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Cimpress Company Profile
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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