Cimpress (NASDAQ:CMPR) Cut to Hold at BidaskClub
Several other brokerages also recently commented on CMPR. ValuEngine downgraded shares of Cimpress from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Barrington Research reiterated a “hold” rating on shares of Cimpress in a research report on Wednesday, November 20th. SunTrust Banks reissued a “hold” rating and set a $128.00 target price on shares of Cimpress in a research note on Thursday, November 14th. Finally, TheStreet upgraded Cimpress from a “c+” rating to a “b-” rating in a report on Friday, October 18th. One research analyst has rated the stock with a sell rating and five have assigned a hold rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $102.67.
Shares of CMPR opened at $121.87 on Wednesday. The business’s 50-day moving average price is $133.61 and its 200 day moving average price is $113.22. The company has a current ratio of 0.49, a quick ratio of 0.34 and a debt-to-equity ratio of 8.00. The stock has a market capitalization of $3.40 billion, a P/E ratio of 38.20, a P/E/G ratio of 1.39 and a beta of 0.05. Cimpress has a 1-year low of $73.74 and a 1-year high of $145.09.
In other Cimpress news, insider Scott J. Vassalluzzo sold 750,000 shares of Cimpress stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $135.00, for a total transaction of $101,250,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 19.00% of the company’s stock.
A number of hedge funds have recently added to or reduced their stakes in the business. Tower Research Capital LLC TRC boosted its stake in shares of Cimpress by 59.2% during the 3rd quarter. Tower Research Capital LLC TRC now owns 414 shares of the business services provider’s stock valued at $55,000 after buying an additional 154 shares during the period. Quadrant Capital Group LLC raised its holdings in shares of Cimpress by 80.5% during the third quarter. Quadrant Capital Group LLC now owns 518 shares of the business services provider’s stock worth $67,000 after acquiring an additional 231 shares in the last quarter. Quantamental Technologies LLC purchased a new stake in shares of Cimpress during the second quarter worth $100,000. Royal Bank of Canada boosted its position in Cimpress by 105.6% during the second quarter. Royal Bank of Canada now owns 1,439 shares of the business services provider’s stock valued at $132,000 after purchasing an additional 739 shares during the last quarter. Finally, Ladenburg Thalmann Financial Services Inc. boosted its position in Cimpress by 18.3% during the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,858 shares of the business services provider’s stock valued at $169,000 after purchasing an additional 288 shares during the last quarter. Institutional investors own 91.28% of the company’s stock.
Cimpress N.V. provides various mass customization services in the United States, Germany, and internationally. The company delivers various volumes of individually small-sized customized orders for a range of print, signage, photo merchandise, invitation and announcement, packaging, apparel, and other categories primarily through the Internet.
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