Rice Hall James & Associates LLC reduced its stake in shares of Cimpress NV (NASDAQ:CMPR) by 5.4% during the second quarter, Holdings Channel reports. The fund owned 176,867 shares of the company’s stock after selling 10,163 shares during the period. Rice Hall James & Associates LLC’s holdings in Cimpress NV were worth $16,357,000 at the end of the most recent reporting period.
A number of other institutional investors have also added to or reduced their stakes in the stock. Creative Planning raised its position in Cimpress NV by 0.4% in the second quarter. Creative Planning now owns 2,989 shares of the company’s stock valued at $276,000 after buying an additional 11 shares during the last quarter. Eqis Capital Management Inc. raised its position in Cimpress NV by 4.0% in the second quarter. Eqis Capital Management Inc. now owns 8,897 shares of the company’s stock valued at $823,000 after buying an additional 341 shares during the last quarter. CapWealth Advisors LLC raised its position in Cimpress NV by 4.6% in the first quarter. CapWealth Advisors LLC now owns 9,925 shares of the company’s stock valued at $900,000 after buying an additional 440 shares during the last quarter. BlackRock Inc. raised its position in Cimpress NV by 74.6% in the first quarter. BlackRock Inc. now owns 2,188 shares of the company’s stock valued at $198,000 after buying an additional 935 shares during the last quarter. Finally, Teachers Advisors Inc. raised its position in Cimpress NV by 1.1% in the first quarter. Teachers Advisors Inc. now owns 186,297 shares of the company’s stock valued at $16,895,000 after buying an additional 2,001 shares during the last quarter. Hedge funds and other institutional investors own 94.38% of the company’s stock.
Shares of Cimpress NV (NASDAQ:CMPR) traded down 1.64% during midday trading on Tuesday, hitting $100.08. The stock had a trading volume of 104,388 shares. The firm has a 50-day moving average price of $99.25 and a 200-day moving average price of $95.23. Cimpress NV has a 1-year low of $67.89 and a 1-year high of $104.18. The firm has a market cap of $3.16 billion, a price-to-earnings ratio of 61.02 and a beta of 0.74.
Cimpress NV (NASDAQ:CMPR) last released its quarterly earnings data on Wednesday, July 27th. The company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.81 by $0.30. The company had revenue of $479.20 million for the quarter, compared to the consensus estimate of $465.46 million. Cimpress NV had a return on equity of 99.28% and a net margin of 2.91%. The business’s revenue was up 25.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.66 earnings per share. On average, equities analysts anticipate that Cimpress NV will post $1.85 EPS for the current fiscal year.
Several research firms recently commented on CMPR. Cantor Fitzgerald reiterated a “hold” rating on shares of Cimpress NV in a research note on Saturday, July 9th. Jefferies Group dropped their target price on Cimpress NV from $85.00 to $84.00 and set a “hold” rating for the company in a research note on Friday, July 29th. Barrington Research lowered Cimpress NV from an “outperform” rating to a “market perform” rating in a research note on Wednesday, June 15th. Finally, Axiom Securities dropped their target price on Cimpress NV from $84.00 to $80.00 and set a “sell” rating for the company in a research note on Friday, July 29th. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company’s stock. Cimpress NV has an average rating of “Hold” and an average price target of $83.67.
In other news, insider Katryn Blake sold 1,027 shares of the firm’s stock in a transaction on Monday, August 8th. The stock was sold at an average price of $94.48, for a total transaction of $97,030.96. Following the completion of the sale, the insider now directly owns 12,483 shares of the company’s stock, valued at approximately $1,179,393.84. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 12.10% of the company’s stock.
About Cimpress NV
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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