Asia stocks edge higher as tech meanders on Nvidia; Hong Kong hit by soft earnings
CIMPRESS plc (NASDAQ:CMPR) Executive Vice President and Chief Financial Officer Sean Edward Quinn recently executed a significant stock purchase. According to a recent SEC filing, Quinn acquired 5,000 ordinary shares of the company on March 14, 2025, at a price of $41.50 per share, amounting to a total investment of $207,500. The purchase comes as the stock trades near its 52-week low of $41.24, with InvestingPro analysis indicating the stock is currently undervalued.
Following this transaction, Quinn’s direct ownership in CIMPRESS stands at 20,224 shares. This move reflects a notable increase in his holdings, underscoring his confidence in the company’s prospects. CIMPRESS, a leader in the commercial printing industry, continues to navigate a dynamic market landscape while maintaining strong fundamentals with a P/E ratio of 6.75 and positive free cash flow yield. InvestingPro subscribers can access 13 additional key insights and a comprehensive Pro Research Report covering CIMPRESS’s complete financial health analysis.
In other recent news, Cimpress reported its financial results for the second quarter of 2025, which showed a slight miss in earnings per share and revenue compared to analyst forecasts. The company’s EPS was $2.36, below the expected $2.46, and revenue reached $939.16 million, falling short of the anticipated $969 million. Management attributed the shortfall to several one-time impacts and increased advertising costs, particularly in the U.S. market. Despite these challenges, Cimpress remains optimistic about achieving at least 4% revenue growth in constant currencies for the second half of the year.
Additionally, Cimpress has been addressing potential tariff impacts, estimating that the annual effect of new U.S. tariffs on imports from Canada, Mexico, and China would be less than $10 million in aggregate. The company has outlined mitigation strategies, including adjusting production and sourcing of raw materials and considering strategic changes to its North American production footprint. Truist Securities maintained a Buy rating on Cimpress, noting the company’s proactive measures to handle tariff challenges and its limited exposure to tariff impacts.
In terms of strategic developments, Cimpress is planning to launch new business models and focus on cost efficiencies to navigate increased competition and advertising costs. The company is committed to reducing its net leverage to approximately 3.0x EBITDA by year-end, aiming for adjusted EBITDA of at least $220 million and adjusted free cash flow of at least $50 million.
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