Todays Report: The BNP Paribas Arbitrage SA Acquires 1,078 Shares of Cimpress NV (CMPR)

The BNP Paribas Arbitrage SA Acquires 1,078 Shares of Cimpress NV (CMPR)

BNP Paribas Arbitrage SA raised its position in shares of Cimpress NV (NASDAQ:CMPR) by 108.7% during the third quarter, Holdings Channel reports. The institutional investor owned 2,070 shares of the company’s stock after buying an additional 1,078 shares during the period. BNP Paribas Arbitrage SA’s holdings in Cimpress NV were worth $209,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of CMPR. Norges Bank acquired a new stake in Cimpress NV during the fourth quarter worth about $38,056,000. Virginia Retirement System purchased a new position in shares of Cimpress NV during the first quarter valued at approximately $571,000. Pacad Investment Ltd. purchased a new position in shares of Cimpress NV during the first quarter valued at approximately $345,000. TIAA CREF Investment Management LLC boosted its position in shares of Cimpress NV by 7.6% in the first quarter. TIAA CREF Investment Management LLC now owns 754,220 shares of the company’s stock valued at $68,400,000 after buying an additional 53,182 shares during the last quarter. Finally, Teachers Advisors Inc. boosted its position in shares of Cimpress NV by 1.1% in the first quarter. Teachers Advisors Inc. now owns 186,297 shares of the company’s stock valued at $16,895,000 after buying an additional 2,001 shares during the last quarter. 94.38% of the stock is owned by hedge funds and other institutional investors.

Cimpress NV (NASDAQ:CMPR) traded up 0.52% during midday trading on Wednesday, reaching $100.60. 16,381 shares of the company’s stock were exchanged. The stock has a market cap of $3.18 billion, a PE ratio of 61.34 and a beta of 0.74. The firm has a 50 day moving average of $99.32 and a 200-day moving average of $95.31. Cimpress NV has a 12 month low of $67.89 and a 12 month high of $104.18.

Cimpress NV (NASDAQ:CMPR) last released its quarterly earnings data on Wednesday, July 27th. The company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.81 by $0.30. Cimpress NV had a net margin of 2.91% and a return on equity of 99.28%. The firm earned $479.20 million during the quarter, compared to the consensus estimate of $465.46 million. During the same quarter last year, the business posted $0.66 earnings per share. Cimpress NV’s revenue was up 25.9% compared to the same quarter last year. On average, equities research analysts predict that Cimpress NV will post $1.85 earnings per share for the current year.

CMPR has been the subject of several analyst reports. Barrington Research cut shares of Cimpress NV from an “outperform” rating to a “market perform” rating in a research report on Wednesday, June 15th. Jefferies Group restated a “hold” rating and issued a $85.00 target price on shares of Cimpress NV in a research report on Monday, June 27th. Zacks Investment Research cut shares of Cimpress NV from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, June 29th. Cantor Fitzgerald restated a “hold” rating on shares of Cimpress NV in a research report on Saturday, July 9th. Finally, Axiom Securities dropped their target price on shares of Cimpress NV from $84.00 to $80.00 and set a “sell” rating for the company in a research report on Friday, July 29th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company’s stock. Cimpress NV currently has a consensus rating of “Hold” and an average target price of $83.67.

In related news, insider Katryn Blake sold 1,027 shares of the firm’s stock in a transaction that occurred on Monday, August 8th. The shares were sold at an average price of $94.48, for a total value of $97,030.96. Following the sale, the insider now directly owns 12,483 shares of the company’s stock, valued at $1,179,393.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 12.10% of the stock is currently owned by corporate insiders.

Cimpress NV 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.

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