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Cimpress CTO's stock sale sparks investor interest amid insider selling trend

EditorPollock Mondal
Published 11/07/2023, 02:37 AM
© Reuters.

In a move that has caught the attention of investors, Maarten Wensveen, the CTO and EVP of Cimpress (NASDAQ:CMPR) PLC, sold 2,348 shares on Friday, November 3, 2023. This decision is noteworthy as it represents a significant portion of the executive's transactions over the past year. Operating across North America, South America, Europe, and Australia, Cimpress leverages its proprietary technology to provide custom print and digital marketing services to over 130 countries.

Wensveen's role at the company involves managing this proprietary technology and strategic alignment, while also overseeing advancements in customized print, promotional products, and digital marketing services. His recent sale aligns with an overall trend at Cimpress which has seen more insider sells (10) than buys (2) in the past year.

On the day of Wensveen's sale, Cimpress shares were trading at $61 each with a market capitalization of $1.635 billion.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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