SG Americas Securities LLC Buys New Holdings in Cimpress plc (NASDAQ:CMPR)

SG Americas Securities LLC bought a new stake in Cimpress plc (NASDAQ:CMPR) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 6,241 shares of the business services provider’s stock, valued at approximately $542,000.

A number of other hedge funds also recently added to or reduced their stakes in CMPR. PNC Financial Services Group Inc. boosted its stake in Cimpress by 42.9% during the 2nd quarter. PNC Financial Services Group Inc. now owns 360 shares of the business services provider’s stock valued at $40,000 after purchasing an additional 108 shares during the last quarter. Cubist Systematic Strategies LLC acquired a new position in Cimpress during the 2nd quarter valued at about $174,000. Ergoteles LLC acquired a new position in Cimpress during the 2nd quarter valued at about $228,000. Teacher Retirement System of Texas boosted its stake in Cimpress by 17.5% during the 2nd quarter. Teacher Retirement System of Texas now owns 2,389 shares of the business services provider’s stock valued at $259,000 after purchasing an additional 356 shares during the last quarter. Finally, Beacon Pointe Advisors LLC boosted its stake in Cimpress by 14.1% during the 2nd quarter. Beacon Pointe Advisors LLC now owns 2,748 shares of the business services provider’s stock valued at $298,000 after purchasing an additional 340 shares during the last quarter. Institutional investors and hedge funds own 80.96% of the company’s stock.

Shares of NASDAQ CMPR opened at $73.60 on Friday. Cimpress plc has a twelve month low of $65.35 and a twelve month high of $128.87. The stock’s 50 day moving average price is $76.02 and its 200-day moving average price is $88.96. The company has a market capitalization of $1.92 billion, a PE ratio of -29.44, a PEG ratio of 2.42 and a beta of 1.48.

Cimpress (NASDAQ:CMPR) last posted its quarterly earnings data on Wednesday, October 27th. The business services provider reported $0.09 EPS for the quarter, beating the consensus estimate of ($0.12) by $0.21. The firm had revenue of $657.60 million during the quarter, compared to analysts’ expectations of $645.32 million. Research analysts expect that Cimpress plc will post 1.49 earnings per share for the current fiscal year.

Separately, Zacks Investment Research upgraded Cimpress from a “strong sell” rating to a “hold” rating and set a $94.00 target price on the stock in a research note on Tuesday, October 19th.

About Cimpress

Cimpress Plc invests in and builds entrepreneurial and mass-customization businesses. The firm operates through the following segments: Vistaprint, PrintBrothers, The Print Group, National Pen, and All Other Businesses. The Vistaprint segment includes the operations of global vistaprint websites and webs-branded business, which is managed with the vistaprint-branded digital business.

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Institutional Ownership by Quarter for Cimpress (NASDAQ:CMPR)

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