Published on 15 Mar 2024 on GuruFocus.com via Yahoo Finance
Insider Sell: EVP and CEO of Vista, Florian Baumgartner, Sells Shares of Cimpress PLC (CMPR)
Cimpress PLC (NASDAQ:CMPR), a global leader in mass customization, has reported an insider transaction involving Florian Baumgartner, the Executive Vice President and CEO of its subsidiary, Vista. According to a recent SEC filing, the insider sold 5,683 shares of the company on March 15, 2024.Florian Baumgartner has a history of selling shares in the company, with a total of 5,683 shares sold over the past year and no recorded purchases in the same period.The insider transaction history for Cimpress PLC (NASDAQ:CMPR) indicates a trend of insider sales, with 11 insider sells and no insider buys over the past year.On the day of the insider's recent sale, shares of Cimpress PLC (NASDAQ:CMPR) were trading at $87.7, resulting in a market capitalization of $2.335 billion.The stock's price-earnings ratio stands at 56.84, which is above the industry median of 19.44 and also exceeds the historical median price-earnings ratio for the company.Considering the current share price and the GuruFocus Value of $70.43, Cimpress PLC has a price-to-GF-Value ratio of 1.25, indicating that the stock is modestly overvalued according to the GF Value metric.The GF Value is determined by considering historical trading multiples, a GuruFocus adjustment factor based on the company's past performance, and future business performance estimates provided by Morningstar analysts.
