Looking at Cimpress (CMPR)

Formerly knows as Vistaprint, the $2.7 billion Netherlands based company provides mass customization and Web-to-print technology. It aggregates, via the Internet, large volumes of individually small, customized orders for a spectrum of print, signage, apparel and similar products. With stock currently at $85, unusual buyer of 1,000 July 95 calls paid $0.60 today. Total call volume is 22 times daily average with implied volatility up 9%.

On April 29, the company posted 19% revenue growth with Q3 at $340M vs. $337M consensus and EPS with sharp beat at $0.72 vs. $0.41 consensus. Certainly lower Euro helped the bottom line but the guidance was just as good with FY2015 revenues expected to be $1.47B vs. $1.46B consensus and EPS $4.10 vs. $3.99 consensus, which equates to 20.7x forward PE with stock currently at $85. Following that quarter, Barrington upgraded to Outperform while Axiom maintained its Hold rating due to valuation.

We just like to point out there have been 16 M&A deals (private and public) within commercial printing and packaging space year to date 2015. Anything is possible.