Tower Research Capital LLC TRC increased its stake in shares of Cimpress NV (NASDAQ:CMPR) by 1,048.7% during the second quarter, Holdings Channel reports. The fund owned 1,321 shares of the company’s stock after buying an additional 1,206 shares during the period. Tower Research Capital LLC TRC’s holdings in Cimpress NV were worth $122,000 as of its most recent SEC filing.
Several other institutional investors also recently made changes to their positions in CMPR. Virginia Retirement System bought a new position in shares of Cimpress NV during the first quarter valued at about $571,000. Pacad Investment Ltd. bought a new position in shares of Cimpress NV during the first quarter valued at about $345,000. Teachers Advisors Inc. boosted its position in shares of 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. BlackRock Inc. boosted its position in shares of 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, BlackRock Group LTD boosted its position in shares of Cimpress NV by 22.6% in the first quarter. BlackRock Group LTD now owns 19,591 shares of the company’s stock valued at $1,777,000 after buying an additional 3,613 shares during the last quarter. Institutional investors and hedge funds own 94.38% of the company’s stock.
Shares of Cimpress NV (NASDAQ:CMPR) opened at 100.47 on Wednesday. The firm has a market cap of $3.17 billion, a price-to-earnings ratio of 61.26 and a beta of 0.74. Cimpress NV has a 12 month low of $67.89 and a 12 month high of $104.18. The stock’s 50 day moving average price is $99.71 and its 200 day moving average price is $95.70.
Cimpress NV (NASDAQ:CMPR) last issued its earnings results on Wednesday, July 27th. The company reported $0.51 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.81 by $0.30. Cimpress NV had a return on equity of 99.28% and a net margin of 2.91%. The company earned $479.20 million during the quarter, compared to analysts’ expectations of $465.46 million. During the same period in the previous year, the company earned $0.66 EPS. Cimpress NV’s quarterly revenue was up 25.9% on a year-over-year basis. Equities research analysts predict that Cimpress NV will post $1.85 earnings per share for the current fiscal year.
Several equities analysts have recently issued reports on CMPR shares. Barrington Research cut Cimpress NV from an “outperform” rating to a “market perform” rating in a research note on Wednesday, June 15th. Jefferies Group reiterated a “hold” rating and issued a $85.00 price objective on shares of Cimpress NV in a research note on Monday, June 27th. Zacks Investment Research cut Cimpress NV from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, June 29th. Cantor Fitzgerald reiterated a “hold” rating on shares of Cimpress NV in a research note on Saturday, July 9th. Finally, Axiom Securities decreased their price objective 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 analysts have rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $83.67.
In other news, insider Katryn Blake sold 1,027 shares of the company’s stock in a transaction dated Monday, August 8th. The stock was sold at an average price of $94.48, for a total value of $97,030.96. Following the completion of the sale, the insider now owns 12,483 shares of the company’s stock, valued at $1,179,393.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 12.10% of the stock is owned by insiders.
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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