Insider Buying: CafePress Inc. (PRSS) CEO Buys $45,021.66 in Stock

CafePress Inc. (NASDAQ:PRSS) CEO Fred E. Durham III bought 24,602 shares of the firm’s stock in a transaction that occurred on Tuesday, August 8th. The shares were acquired at an average cost of $1.83 per share, for a total transaction of $45,021.66. Following the purchase, the chief executive officer now directly owns 2,357,283 shares in the company, valued at approximately $4,313,827.89. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of CafePress Inc. (PRSS) traded up 0.55% during mid-day trading on Friday, reaching $1.84. The company had a trading volume of 53,867 shares. The company’s market capitalization is $30.93 million. The stock has a 50 day moving average of $2.23 and a 200-day moving average of $2.76. CafePress Inc. has a 52 week low of $1.75 and a 52 week high of $3.72.

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A number of institutional investors have recently modified their holdings of PRSS. Goldman Sachs Group Inc. boosted its position in shares of CafePress by 68.2% in the first quarter. Goldman Sachs Group Inc. now owns 49,505 shares of the information services provider’s stock worth $150,000 after buying an additional 20,066 shares during the last quarter. Spark Investment Management LLC boosted its position in shares of CafePress by 31.0% in the first quarter. Spark Investment Management LLC now owns 55,800 shares of the information services provider’s stock worth $168,000 after buying an additional 13,200 shares during the last quarter. Blackhill Capital Inc. boosted its position in shares of CafePress by 7.1% in the first quarter. Blackhill Capital Inc. now owns 68,156 shares of the information services provider’s stock worth $206,000 after buying an additional 4,506 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its position in shares of CafePress by 5.1% in the fourth quarter. Renaissance Technologies LLC now owns 545,000 shares of the information services provider’s stock worth $1,602,000 after buying an additional 26,200 shares during the last quarter. Institutional investors own 13.85% of the company’s stock.

Separately, Zacks Investment Research raised CafePress from a “sell” rating to a “hold” rating in a research note on Wednesday, July 5th.

About CafePress

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 conducts its business on its primary United States-based domain, CafePress.com, and also operates CafePress branded Websites for the markets in the United Kingdom, Canada and Australia.

Insider Buying and Selling by Quarter for CafePress (NASDAQ:PRSS)

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