Cimpress N.V (NASDAQ:CMPR) Cut to “Buy” at BidaskClub

BidaskClub lowered shares of Cimpress N.V (NASDAQ:CMPR) from a strong-buy rating to a buy rating in a research note published on Monday, July 24th.

CMPR has been the topic of several other research reports. Cantor Fitzgerald reissued a neutral rating on shares of Cimpress N.V in a report on Monday, April 10th. Zacks Investment Research lowered Cimpress N.V from a hold rating to a strong sell rating in a research report on Thursday, April 27th. Finally, Jefferies Group LLC reaffirmed a hold rating and set a $84.00 target price on shares of Cimpress N.V in a research report on Thursday, April 27th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus price target of $88.00.

Cimpress N.V (NASDAQ:CMPR) opened at 88.57 on Monday. The company’s 50-day moving average price is $91.70 and its 200 day moving average price is $87.54. The company’s market capitalization is $2.77 billion. Cimpress N.V has a 52 week low of $78.80 and a 52 week high of $104.18.

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In other Cimpress N.V news, CFO Sean Edward Quinn sold 1,660 shares of Cimpress N.V stock in a transaction dated Friday, July 7th. The stock was sold at an average price of $95.00, for a total transaction of $157,700.00. Following the completion of the transaction, the chief financial officer now owns 2,422 shares in the company, valued at approximately $230,090. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Katryn Blake sold 723 shares of Cimpress N.V stock in a transaction dated Friday, June 2nd. The shares were sold at an average price of $90.99, for a total value of $65,785.77. Following the transaction, the insider now owns 13,531 shares of the company’s stock, valued at approximately $1,231,185.69. The disclosure for this sale can be found here. Over the last three months, insiders sold 6,608 shares of company stock valued at $615,281. Corporate insiders own 11.50% of the company’s stock.

Several institutional investors have recently made changes to their positions in CMPR. Penserra Capital Management LLC increased its position in shares of Cimpress N.V by 76.8% in the first quarter. Penserra Capital Management LLC now owns 1,536 shares of the business services provider’s stock worth $132,000 after buying an additional 667 shares during the last quarter. Oxford Asset Management increased its position in shares of Cimpress N.V by 3.6% in the first quarter. Oxford Asset Management now owns 96,970 shares of the business services provider’s stock worth $8,358,000 after buying an additional 3,328 shares during the last quarter. Ingalls & Snyder LLC increased its position in Cimpress N.V by 1.3% in the first quarter. Ingalls & Snyder LLC now owns 168,605 shares of the business services provider’s stock valued at $14,532,000 after buying an additional 2,113 shares during the last quarter. Virginia Retirement Systems ET AL purchased a new position in Cimpress N.V during the first quarter valued at approximately $569,000. Finally, Parametric Portfolio Associates LLC increased its position in Cimpress N.V by 34.5% in the first quarter. Parametric Portfolio Associates LLC now owns 64,589 shares of the business services provider’s stock valued at $5,567,000 after buying an additional 16,584 shares during the last quarter. Hedge funds and other institutional investors own 98.58% of the company’s stock.

Cimpress N.V 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.

Analyst Recommendations for Cimpress N.V (NASDAQ:CMPR)

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