Trade Report: Today, Fred E. Durham III Buys 8,000 Shares of CafePress Inc. (PRSS) Stock

Today, Fred E. Durham III Buys 8,000 Shares of CafePress Inc. (PRSS) Stock

CafePress Inc. (NASDAQ:PRSS) CEO Fred E. Durham III bought 8,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 22nd. The shares were purchased at an average price of $2.90 per share, for a total transaction of $23,200.00. Following the transaction, the chief executive officer now owns 2,271,660 shares of the company’s stock, valued at approximately $6,587,814. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of CafePress Inc. (NASDAQ:PRSS) traded up 3.33% during trading on Monday, hitting $3.10. 976 shares of the company’s stock were exchanged. CafePress Inc. has a 1-year low of $2.80 and a 1-year high of $4.55. The firm’s market capitalization is $51.64 million. The stock’s 50 day moving average is $2.99 and its 200 day moving average is $3.09.

CafePress (NASDAQ:PRSS) last released its earnings results on Thursday, November 10th. The company reported ($0.20) EPS for the quarter, missing analysts’ consensus estimates of ($0.11) by $0.09. CafePress had a negative return on equity of 8.98% and a negative net margin of 29.51%. The business earned $19.20 million during the quarter, compared to the consensus estimate of $19.77 million. During the same quarter in the previous year, the firm earned ($0.07) earnings per share. The firm’s revenue for the quarter was down 1.5% compared to the same quarter last year. On average, equities research analysts forecast that CafePress Inc. will post ($0.17) earnings per share for the current year.

An institutional investor recently raised its position in CafePress stock. Vanguard Group Inc. raised its position in CafePress Inc. (NASDAQ:PRSS) by 2.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 205,647 shares of the company’s stock after buying an additional 4,436 shares during the period. Vanguard Group Inc. owned about 1.23% of CafePress worth $637,000 at the end of the most recent quarter. Institutional investors own 20.96% of the company’s stock.

A number of analysts recently issued reports on the stock. Jefferies Group restated a “hold” rating and set a $3.50 target price on shares of CafePress in a research report on Tuesday, September 6th. Zacks Investment Research lowered shares of CafePress from a “buy” rating to a “hold” rating in a report on Thursday, October 6th. Finally, Cantor Fitzgerald reiterated a “hold” rating on shares of CafePress in a report on Friday, September 9th.

CafePress Company Profile

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