Insider Buying: CafePress Inc. (NASDAQ:PRSS) CEO Buys 20,081 Shares of Stock

CafePress Inc. (NASDAQ:PRSS) CEO Fred E. Durham III bought 20,081 shares of the business’s stock in a transaction that occurred on Wednesday, August 9th. The shares were acquired at an average cost of $1.87 per share, for a total transaction of $37,551.47. Following the completion of the purchase, the chief executive officer now owns 2,377,364 shares in the company, valued at $4,445,670.68. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of CafePress Inc. (NASDAQ:PRSS) traded down 1.08% during midday trading on Thursday, reaching $1.83. 51,264 shares of the company traded hands. CafePress Inc. has a 12 month low of $1.75 and a 12 month high of $3.72. The stock’s market capitalization is $30.76 million. The company’s 50 day moving average is $2.27 and its 200-day moving average is $2.78.

TRADEMARK VIOLATION WARNING: “Insider Buying: CafePress Inc. (NASDAQ:PRSS) CEO Buys 20,081 Shares of Stock” was reported by Ticker Report and is the property of of Ticker Report. If you are accessing this piece of content on another site, it was stolen and reposted in violation of United States & international trademark and copyright legislation. The legal version of this piece of content can be read at https://www.tickerreport.com/banking-finance/2798515/insider-buying-cafepress-inc-nasdaqprss-ceo-buys-20081-shares-of-stock.html.

Separately, Zacks Investment Research downgraded shares of CafePress from a “hold” rating to a “sell” rating in a research note on Thursday, August 3rd.

A number of hedge funds and other institutional investors have recently made changes to their positions in PRSS. Goldman Sachs Group Inc. boosted its position in shares of CafePress by 68.2% in the first quarter. Goldman Sachs Group Inc. now owns 49,505 shares of the information services provider’s stock worth $150,000 after buying an additional 20,066 shares during the period. Spark Investment Management LLC boosted its position in shares of CafePress by 31.0% in the first quarter. Spark Investment Management LLC now owns 55,800 shares of the information services provider’s stock worth $168,000 after buying an additional 13,200 shares during the period. Blackhill Capital Inc. boosted its position in shares of CafePress by 7.1% in the first quarter. Blackhill Capital Inc. now owns 68,156 shares of the information services provider’s stock worth $206,000 after buying an additional 4,506 shares during the period. Finally, Renaissance Technologies LLC boosted its position in shares of CafePress by 5.1% in the fourth quarter. Renaissance Technologies LLC now owns 545,000 shares of the information services provider’s stock worth $1,602,000 after buying an additional 26,200 shares during the period. 13.85% of the stock is currently owned by hedge funds and other institutional investors.

CafePress Company Profile

CafePress Inc is an online retailer of personalized products offering various gifts and accessories, including t-shirts and apparel, mugs and drinkware, and home goods, such as custom shower curtains and bed coverings. The Company conducts its business on its primary United States-based domain, CafePress.com, and also operates CafePress branded Websites for the markets in the United Kingdom, Canada and Australia.

Insider Buying and Selling by Quarter for CafePress (NASDAQ:PRSS)

Receive News & Ratings for CafePress Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CafePress Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.