Cimpress NV (CMPR) Receives Average Recommendation of “Hold” from Brokerages

Shares of Cimpress NV (NASDAQ:CMPR) have been assigned a consensus rating of “Hold” from the seven research firms that are presently covering the firm, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $114.75.

CMPR has been the subject of several research reports. Zacks Investment Research upgraded shares of Cimpress from a “hold” rating to a “buy” rating and set a $137.00 price target for the company in a research note on Tuesday, November 28th. ValuEngine upgraded shares of Cimpress from a “sell” rating to a “hold” rating in a research note on Friday, September 1st. Barrington Research upgraded shares of Cimpress from a “market perform” rating to an “outperform” rating and set a $110.00 price objective for the company in a research note on Monday, September 18th. Finally, SunTrust Banks restated a “hold” rating and set a $113.00 price objective on shares of Cimpress in a research note on Friday, November 3rd.

Cimpress (NASDAQ CMPR) opened at $122.67 on Thursday. The company has a debt-to-equity ratio of 10.73, a quick ratio of 0.39 and a current ratio of 0.52. Cimpress has a 12 month low of $78.80 and a 12 month high of $123.93.

In other news, EVP Donald Leblanc sold 2,000 shares of the firm’s 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 sale, the executive vice president now owns 23,984 shares of the company’s stock, valued at approximately $2,854,096. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Katryn Blake sold 20,842 shares of the firm’s stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $100.00, for a total transaction of $2,084,200.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 43,296 shares of company stock valued at $4,699,578. 11.80% of the stock is owned by company insiders.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Amussen Hunsaker Associates LLC boosted its holdings in shares of Cimpress by 12.1% during the 3rd quarter. Amussen Hunsaker Associates LLC now owns 76,566 shares of the business services provider’s stock valued at $7,477,000 after acquiring an additional 8,253 shares during the last quarter. California Public Employees Retirement System boosted its holdings in shares of Cimpress by 7.0% during the 3rd quarter. California Public Employees Retirement System now owns 66,990 shares of the business services provider’s stock valued at $6,542,000 after acquiring an additional 4,390 shares during the last quarter. Janus Henderson Group PLC purchased a new stake in shares of Cimpress during the 3rd quarter valued at about $398,436,000. PEAK6 Investments L.P. purchased a new stake in shares of Cimpress during the 3rd quarter valued at about $1,131,000. Finally, Oppenheimer Asset Management Inc. boosted its holdings in shares of Cimpress by 32.6% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 3,161 shares of the business services provider’s stock valued at $309,000 after acquiring an additional 778 shares during the last quarter.

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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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