Cimpress N.v. (NASDAQ:CMPR) Is Attracting Smart Money, Regardless Of The State Of The Economy

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This one’s a pretty interesting one. Cimpress is a signage and apparel company – an industry that is traditionally very closely correlated with the state of the economy in which it is operating. New businesses buy new signs, so the fact that a signage company is doing well suggests new businesses (or at least, an increase in capital expenditure for old businesses) and – in turn – a strong economy.

Here’s the latest news from Cimpress’s institutional holdings.

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Cimpress N.v. (NASDAQ:CMPR) reported that Janus Capital Management Llc. has picked up 3,378,790 of common stock as of 2017-01-10.

The acquisition brings the aggregate amount owned by Janus Capital Management Llc. to a total of 3,378,790 representing a 10.7% stake in the company.

For those not familiar with the company, 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. The Vistaprint business unit segment represents its Vistaprint-branded Websites and its Webs-branded business. The Vistaprint business unit also sells standard business cards, and focuses on product categories, which include signage, marketing materials, and promotional products and apparel.

A glance at Cimpress N.v. (NASDAQ:CMPR)’s key stats reveals a current market capitalization of 2.98 billion based on 31.65 million shares outstanding and a price at last close of $95.23 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2016-10-31, Arends picked up 2,050 at a purchase price of $83.50. This brings their total holding to 2,050 as of the date of the filing.

On the sell side, the most recent transaction saw Blake unload 1,028 shares at a sale price of $95.00. This brings their total holding to 12,403.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Cimpress N.v. (NASDAQ:CMPR) as things move forward to see if its progress aligns with these transactions.

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