Insider Activity: Why Fred Durham Purchased 5,000 Shares of CafePress Inc (NASDAQ:PRSS)?

November 24, 2016 - By whatsonthorold

Insider Activity: Why Fred Durham Purchased 5,000 Shares of CafePress Inc (NASDAQ:PRSS)?

Fred Durham Insider Buy

The Chief Executive Officer of Cafepress Inc and corporation’s insider Fred Durham made a purchase of 5,000 shares of the California-based company based on the avg. market share price that is $2.9 per each share. The insider shares are worth approximately $14,400 US Dollars. In the last month, he also obtained 28,094 shares that are worth about $80,259 USD. Fred Durham now has in hand 2.27 million shares of the Firm. The trade, dated 23/11/2016, is recorded on a Form 4 that was filed with the (SEC) and is also freely available for review here.

Insitutional Activity: The institutional sentiment increased to 0.8 in Q2 2016. Its up 0.13, from 0.67 in 2016Q1. The ratio improved, as 1 funds sold all CafePress Inc shares owned while 8 reduced positions. 3 funds bought stakes while 3 increased positions. They now own 2.61 million shares or 12.48% less from 2.98 million shares in 2016Q1.

The North Carolina-based Bank & Trust Of America Corporation De has invested 0% in CafePress Inc (NASDAQ:PRSS). Bridgeway Mgmt last reported 161,188 shares in the company. Manufacturers Life The owns 462 shares or 0% of their US portfolio. Northern Trust Corporation accumulated 11,586 shares or 0% of the stock. Spark Inv Management Lc holds 0.02% or 58,500 shares in its portfolio. California Public Employees Retirement Sys accumulated 0% or 19,500 shares. Geode Cap Mngmt Ltd Co reported 25,556 shares or 0% of all its holdings. Vanguard Gp owns 205,647 shares or 0% of their US portfolio. Blackhill Cap accumulated 0% or 5,000 shares. Brandywine Glob Inv Mngmt Ltd Liability Corporation reported 14,400 shares or 0% of all its holdings. Dimensional Fund Limited Partnership holds 0% or 33,603 shares in its portfolio. Deutsche State Bank Ag holds 78 shares or 0% of its portfolio. Raymond James Fin Services Advsrs has 0% invested in the company for 13,272 shares. Royal Bancorporation Of Canada owns 1 shares or 0% of their US portfolio. Blackrock Fund Advisors last reported 22,605 shares in the company.

Insider Transactions: Since May 24, 2016, the stock had 35 insider buys, and 0 selling transactions for $509,403 net activity. 14,900 CafePress Inc (NASDAQ:PRSS) shares with value of $43,210 were bought by MILLER LLOYD I III. $1,011 worth of shares were bought by Durham Fred E. III on Tuesday, September 6. Jain Maheesh bought $1,497 worth of stock or 500 shares.

The stock increased 1.06% or $0.03 on November 23, hitting $2.87. About 16,529 shares traded hands or 28.64% up from the average. CafePress Inc (NASDAQ:PRSS) has declined 25.46% since April 21, 2016 and is downtrending. It has underperformed by 30.79% the S&P500.

CafePress Inc. is an online retailer of personalized products offering various gifts and accessories, including t-shirts and apparel, mugs and drinkware, and home goods, such as custom shower curtains and bed coverings. The company has a market cap of $48.32 million. The Firm conducts its business on its primary United States domain, CafePress.com, and also operates CafePress branded Websites for the markets in the United Kingdom, Canada and Australia. It currently has negative earnings. It also sells CafePress branded products through other online retail partners.

According to Zacks Investment Research, “CafePress, Inc. provides an e-commerce platform empowering individuals, groups, businesses and organizations to create, buy and sell customized and personalized products online. The Company’s portfolio of brands includes CafePress.com, Canvas On Demand, ImageKind, CafePress Pro, and Canvas On Demand Pro. It markets its services worldwide. CafePress, Inc. is headquartered in San Mateo, California.”

Analysts await CafePress Inc (NASDAQ:PRSS) to report earnings on February, 28. They expect $0.08 EPS, down 11.11% or $0.01 from last year’s $0.09 per share. PRSS’s profit will be $1.35M for 8.97 P/E if the $0.08 EPS becomes a reality. After $-0.16 actual EPS reported by CafePress Inc for the previous quarter, Wall Street now forecasts -150.00% EPS growth.

More recent CafePress Inc (NASDAQ:PRSS) news were published by: Marketwatch.com which released: “CafePress Inc.” on March 29, 2012. Also Quotes.Wsj.com published the news titled: “CafePress Inc. PRSS (US: Nasdaq)” on March 30, 2012. Seekingalpha.com‘s news article titled: “Should We Follow Insider Buying At Cash-Rich CafePress Inc?” with publication date: September 09, 2016 was also an interesting one.

PRSS Company Profile

CafePress Inc., incorporated on January 19, 2005, is an online retailer of personalized products offering various gifts and accessories, including t-shirts and apparel, mugs and drinkware, and home goods, such as custom shower curtains and bed coverings. The Firm conducts its business on its primary United States domain, CafePress.com, and also operates CafePress branded Websites for the markets in the United Kingdom, Canada and Australia. It also sells CafePress branded products through other online retail partners. The Company’s products are customized with creates contributed through various means, including crowd-sourced user generated content, stock art licenses and licensed content relationships with entertainment companies and brands. The Company’s facility in Louisville, Kentucky has technology and manufacturing processes that enables it to provide customized products that are individually built to order. The Company’s processes enable it to produce a range of merchandise.

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