Connor Clark & Lunn Investment Management Ltd. grew its holdings in Cimpress plc (NASDAQ:CMPR – Free Report) by 72.2% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 24,540 shares of the business services provider’s stock after purchasing an additional 10,285 shares during the quarter. Connor Clark & Lunn Investment Management Ltd. owned about 0.09% of Cimpress worth $1,075,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds also recently bought and sold shares of the business. ArrowMark Colorado Holdings LLC lifted its stake in shares of Cimpress by 51.3% during the fourth quarter. ArrowMark Colorado Holdings LLC now owns 1,682,569 shares of the business services provider’s stock valued at $46,456,000 after acquiring an additional 570,681 shares during the period. Norges Bank acquired a new position in shares of Cimpress during the fourth quarter valued at $3,685,000. Thrivent Financial for Lutherans lifted its stake in shares of Cimpress by 8.4% during the fourth quarter. Thrivent Financial for Lutherans now owns 1,179,992 shares of the business services provider’s stock valued at $32,579,000 after acquiring an additional 91,712 shares during the period. Morgan Stanley lifted its stake in shares of Cimpress by 42.1% during the fourth quarter. Morgan Stanley now owns 237,236 shares of the business services provider’s stock valued at $6,550,000 after acquiring an additional 70,264 shares during the period. Finally, Marshall Wace LLP acquired a new position in shares of Cimpress during the fourth quarter valued at $1,678,000. Institutional investors and hedge funds own 78.02% of the company’s stock.
Insider Buying and Selling
In other Cimpress news, CFO Sean Edward Quinn sold 3,032 shares of the firm’s stock in a transaction that occurred on Wednesday, August 16th. The stock was sold at an average price of $69.74, for a total value of $211,451.68. Following the completion of the transaction, the chief financial officer now directly owns 14,754 shares in the company, valued at $1,028,943.96. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 18.00% of the stock is owned by corporate insiders.
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Analysis on Cimpress
Cimpress Price Performance
NASDAQ:CMPR opened at $62.35 on Wednesday. Cimpress plc has a 1-year low of $18.00 and a 1-year high of $72.97. The business’s 50-day moving average price is $62.74 and its two-hundred day moving average price is $49.80.
Cimpress (NASDAQ:CMPR – Get Free Report) last announced its quarterly earnings results on Wednesday, July 26th. The business services provider reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.87. The business had revenue of $788.85 million during the quarter, compared to the consensus estimate of $782.15 million. Analysts predict that Cimpress plc will post 2.35 earnings per share for the current year.
About Cimpress
Cimpress plc provides various mass customization of printing and related products in North America, Europe, and internationally. The company operates through five segments: Vistaprint, PrintBrothers, The Print Group, National Pen, and All Other Businesses. It offers printed and digital marketing products; internet-based canvas-print wall décor, business signage, and other printed products; business cards; and marketing materials, such as flyers and postcards, digital and marketing services, writing instruments, decorated apparel, promotional products and gifts, packaging, design services, textiles, and magazines and catalogs.
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