Cimpress (CMPR) Lowered to Hold at BidaskClub

BidaskClub cut shares of Cimpress (NASDAQ:CMPR) from a buy rating to a hold rating in a research note released on Friday.

Other equities analysts have also recently issued research reports about the company. Zacks Investment Research upgraded Cimpress from a hold rating to a buy rating and set a $121.00 price target on the stock in a report on Tuesday, October 24th. Barrington Research reiterated a buy rating and issued a $125.00 price target (up previously from $110.00) on shares of Cimpress in a report on Tuesday, November 14th. SunTrust Banks reiterated a hold rating and issued a $113.00 price target on shares of Cimpress in a report on Friday, November 3rd. Finally, ValuEngine upgraded Cimpress from a sell rating to a hold rating in a report on Friday, September 1st. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of Hold and a consensus target price of $109.40.

Cimpress (NASDAQ CMPR) traded down $1.69 during trading on Friday, reaching $117.53. The company had a trading volume of 71,737 shares, compared to its average volume of 177,329. The company has a market capitalization of $3,700.73, a PE ratio of -167.90, a price-to-earnings-growth ratio of 5.34 and a beta of 0.13. Cimpress has a fifty-two week low of $78.80 and a fifty-two week high of $123.95. The company has a debt-to-equity ratio of 10.73, a quick ratio of 0.39 and a current ratio of 0.52.

In other Cimpress news, CFO Sean Edward Quinn sold 743 shares of the stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $121.66, for a total value of $90,393.38. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Robert S. Keane sold 6,251 shares of the stock in a transaction dated Monday, December 11th. The shares were sold at an average price of $120.13, for a total value of $750,932.63. The disclosure for this sale can be found here. Insiders sold 118,146 shares of company stock worth $13,603,835 in the last three months. Insiders own 11.80% of the company’s stock.

Large investors have recently added to or reduced their stakes in the business. Amussen Hunsaker & Associates LLC acquired a new position in Cimpress in the second quarter valued at about $6,458,000. Schwab Charles Investment Management Inc. raised its position in shares of Cimpress by 11.8% during the second quarter. Schwab Charles Investment Management Inc. now owns 75,564 shares of the business services provider’s stock worth $7,144,000 after purchasing an additional 7,973 shares during the period. Teachers Advisors LLC raised its position in shares of Cimpress by 2.2% during the second quarter. Teachers Advisors LLC now owns 51,022 shares of the business services provider’s stock worth $4,823,000 after purchasing an additional 1,117 shares during the period. UBS Asset Management Americas Inc. raised its position in shares of Cimpress by 14.8% during the second quarter. UBS Asset Management Americas Inc. now owns 13,686 shares of the business services provider’s stock worth $1,294,000 after purchasing an additional 1,766 shares during the period. Finally, Great Lakes Advisors LLC acquired a new stake in shares of Cimpress during the second quarter worth about $1,815,000.

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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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