Vistaprint N.V. (VPRT)

[chmcnfunds]

VistaPrint Limited Director Buys $158,280 in Stock (VPRT)

Posted by Logan Wallace on May 5th, 2014 // No Comments

VistaPrint Limited logoVistaPrint Limited (NASDAQ:VPRT) Director Eric C. Olsen acquired 4,000 shares of VistaPrint Limited stock on the open market in a transaction that occurred on Friday, May 2nd. The stock was purchased at an average cost of $39.57 per share, for a total transaction of $158,280.00. Following the completion of the purchase, the director now directly owns 9,097 shares in the company, valued at approximately $359,968. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Several analysts have recently commented on the stock. Analysts at TheStreet downgraded shares of VistaPrint Limited from a “buy” rating to a “hold” rating in a research note on Thursday. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of VistaPrint Limited in a research note on Wednesday, April 30th. They now have a $49.00 price target on the stock, down previously from $53.00. Finally, analysts at Barclays cut their price target on shares of VistaPrint Limited from $44.00 to $40.00 in a research note on Wednesday, April 30th. They now have an “underweight” rating on the stock. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $49.80.

VistaPrint Limited (NASDAQ:VPRT) traded up 3.93% on Monday, hitting $40.76. 838,277 shares of the company’s stock traded hands. VistaPrint Limited has a 52-week low of $37.50 and a 52-week high of $58.20. The stock’s 50-day moving average is $48.85 and its 200-day moving average is $52.30. The company has a market cap of $1.356 billion and a price-to-earnings ratio of 29.92.


VistaPrint Limited (NASDAQ:VPRT) last released its earnings data on Tuesday, April 29th. The company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by $0.35. The company had revenue of $286.20 million for the quarter, compared to the consensus estimate of $310.73 million. During the same quarter in the previous year, the company posted $0.48 earnings per share. The company’s revenue for the quarter was down .5% on a year-over-year basis. Analysts expect that VistaPrint Limited will post $2.86 EPS for the current fiscal year.
Vistaprint N.V. is an online provider of coordinated portfolios of customized marketing products and services to micro businesses worldwide.
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