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Fred Durham buys the dip in CafePress

Nov. 23, 2015 9:03 PM ETCafePress (PRSS) StockPRSSBy: Stephen Alpher, SA News Editor
  • CafePress (NASDAQ:PRSS) CEO Fred Durham last week purchased just shy of 12K shares of company stock last at an average price of about $4 per share.
  • His purchase comes a few days after the stock was punished following Q3 results - falling to as low as about $3.75 from $4.70. Investors may have been put off by a slowdown in buybacks and management earnings call comments about making investments in the business.
  • PRSS was higher by 5% in today's session to $4.17.

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