Wells Fargo & Company MN reduces its stake in Cimpress NV (CMPR)

Wells Fargo & Company MN reduced its interest in the shares of Cimpress NV (NASDAQ: CMPR) by 21.4% in the first quarter, according to the company in The fund held 20,668 shares of the supplier of business services after selling 5,643 shares during the quarter, while Wells Fargo & Company MN held approximately 0.07% of Cimpress for a value of $ 3,197,000 as of the date of its last filing with the SEC. ] Several other hedge funds and other institutional investors have also recently bought and sold shares of BlackRock Inc. has raised its interest in Cimpress shares by 1.1% in the fourth quarter. After acquiring an additional 12,754 shares in the last quarter, Two Sigma Advisers LP raised 1,670.0% of its Cimpress shares during the fourth quarter. shares in the $ 13,261,000 business services provider after buying 105,000 additional shares in the last quarter. Geode Capital Management LLC lifted its stake in Cimpress shares by 3.4% in the fourth quarter. Geode Capital Management LLC now holds 72,510 shares in the $ 8,692,000 business services provider after purchasing an additional 2,409 shares in the last quarter. Deutsche Bank AG lifted its stake in Cimpress shares by 127.7% in the fourth quarter. Deutsche Bank AG now holds 59,895 shares in the business services provider's business, worth $ 7,177,000, after purchasing 33,594 additional shares in the last quarter. Lastly, Teachers Advisors LLC raised 3.2% of its stake in Cimpress during the fourth quarter. Teachers Advisors LLC now holds 52,114 shares in the $ 6,247,000 business services provider after purchasing 1,595 additional shares in the last quarter. Institutional investors hold 89.78% of the shares of the company.

Cimpress shares opened at $ 147.88 on Friday, reports Marketbeat Ratings. Cimpress NV has a twelve-month low of $ 80.61 and a twelve-month high of $ 171.76. The company has a ratio of 0.40, a ratio of 0.54 and a debt ratio of 9.51. The stock has a market capitalization of $ 4.52 billion, a price / earnings ratio of 179.56, a price / earnings ratio of 2.36 and a beta of -0.14.

Cimpress (NASDAQ: CMPR) released its quarterly earnings data for the last time on Wednesday, May 2nd. The business service provider reported earnings per share of $ 0.07 for the quarter, with the consensus estimate of $ 0.17 having missed ($ 0.24). Cimpress had a return on equity of 28.27% and a net margin of 0.65%. The company achieved a turnover of $ 636.07 million during the quarter, compared with $ 615.66 million for analysts. In the same quarter last year, the company earned earnings per share of $ 1.38. The Cimpress business figure for the quarter is up 15.5% over the same quarter of last year. Equity research analysts expect Cimpress NV to post earnings per share of 1.62 for the current year.

In other Cimpress news, CEO Katryn Blake sold 4,648 Cimpress shares in a transaction dated Friday, May 4. The shares were sold at an average price of $ 139.60, for a total value of $ 648,860.80. As a result of the sale, the Chief Executive Officer now holds 15,776 shares of the Company, valued at approximately $ 2,202,329.60. The sale has been disclosed in a filing with the Securities & Exchange Commission, which is available on the SEC's website. In addition, Sean Edward Quinn, Chief Financial Officer, sold 776 shares of Cimpress in connection with a transaction dated Thursday, May 31st. The stock was sold at an average price of $ 138.49, for a total transaction of $ 107,468.24. The disclosure for this sale can be found here. Insiders sold a total of 14,721 shares valued at $ 2,063,580 during the last quarter. Corporate insiders own 18.80% of the company's shares.

A number of analysts have recently published reports on the stock. Barrington Research re-evaluated the "buy" rating and set a target price of $ 165.00 on Cimpress shares in a research note on Tuesday, May 1st. SunTrust Banks reinstated its "hold" rating and set a target price of $ 144.00 on Cimpress shares in a research note on Tuesday, May 8th. Aegis re-evaluated its "sell" rating and set a target price of $ 114.00 on Cimpress shares in a research note on Tuesday, May 8th. ValuEngine upgraded its Cimpress shares from a "sell" rating to a "sustain" rating in a research note on Wednesday, May 2nd. Finally, BidaskClub has updated Cimpress shares from a "hold" note to a "buy" note in a research note on Wednesday, June 20th. One research analyst rated the stock with a sales rating, three assigned a security rating and two assigned a purchase score to the company. Cimpress currently has a consensual rating of "Hold" and a consensus price target of $ 140.00

About Cimpress

Cimpress NV operates a technology-based company in North America, Europe, Australia, New Zealand, South America, Asia-Pacific and International. It individually aggregates custom orders for a range of printing products, signage, clothing and related products, primarily via the Internet. The company operates through four segments: Vistaprint, Upload and Print, National Pen, and all other activities

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